Circulating supply has grown nearly 10x since the end of January, USA₮ reaches 175.73 million tokens

Odaily reports that a reserve report published by Anchorage Digital Bank shows that as of August 31, USA₮ circulating supply reached 175.73 million tokens, a nearly 10x increase from 17.5 million tokens at the end of January; total reserve assets amounted to $176.4 million, exceeding the value of circulating tokens by $660,000. USA₮ is issued by federally chartered bank Anchorage Digital Bank, backed by Tether, and complies with the requirements of the GENIUS Act.