Data: USA₮ circulation increased to 175.7 million USD, nearly a tenfold growth compared to the beginning of the year

According to the official announcement from USA₮, Anchorage Digital Bank released a reserve report showing that as of August 31, the circulation of USA₮ reached 175.73 million, an increase of nearly 10 times from 17.5 million at the end of January, with total reserve assets of 176.4 million USD and the value of over-circulated tokens at 660,000 USD.

USA₮ is issued by the federally chartered bank Anchorage Digital Bank, supported by Tether, and complies with the requirements of the GENIUS Act.