Tether’s USAT supply grows 540% month-over-month, latest attestation shows
The Block4h agoUpdated 3h ago
Smart Read
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation....
Key takeaways
- 1Tether's USAT supply surged 540% month-over-month to exceed 140 million tokens.
- 2Anchorage Digital's latest attestation confirmed the rapid growth in USAT circulation.
- 3The six-fold increase signals accelerating adoption of Tether's USD-backed stablecoin.
Why it matters
Growing USAT supply indicates shifting stablecoin market dynamics and increased institutional/retail demand for alternatives to USDT in India's crypto ecosystem, potentially affecting liquidity and trading pairs on local exchanges.
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