Tether's USAT supply jumps 539% MoM to 140.9M as April reserves hit $141.2M

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Anchorage Digital Bank’s April 30 attestation shows 140,850,950 redeemable USAT outstanding, up from 22,050,123 at March-end. Reserves totaled $141.18M against the supply, leaving a $327,450 surplus. The backing is mostly Treasury-collateralized reverse repos at $127.75M, with $13.43M in cash, so USAT is growing fast but still tiny next to Tether’s main USDT stack.

TLDR by @Benthic

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Tether's USAT supply jumps 539% MoM to 140.9M as April reserves hit $141.2M

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Ledn adds Tether Gold collateral for USDT and USAt loans as tokenized commodities near 17% market share

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Comments

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More on $USAT

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Tether Announces the Launch of USA₮, the Federally Regulated, Dollar-Backed Stablecoin, Made in America

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