USA₮ circulation reaches 175.73 million as reserves hit $176.4 million

  • Anchorage Digital Bank reported USA₮ circulation of 175.73 million tokens by Aug. 31.
  • $176.4 million in reserve assets exceeded circulating USA₮ value by $660,000.
  • USA₮ circulation rose from 17.5 million tokens at January-end, nearly tenfold.

USA₮ circulation reached 175.73 million tokens as of Aug. 31, according to an official announcement. Anchorage Digital Bank’s reserve report showed total reserve assets of $176.4 million, $660,000 above the value of circulating tokens. Circulation had risen from 17.5 million tokens at the end of January, an increase of nearly 10 times. USA₮ is issued by federally chartered Anchorage Digital Bank with support from Tether and meets the requirements of the GENIUS Act.

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