Anchorage Digital Bank releases USA₮ reserve report, with total reserve assets reaching $17,604,716

Foresight News reported that Anchorage Digital Bank has released the USA₮ reserve report. As of January 31, the total circulating supply of USA₮ tokens was 17,501,391; total reserve assets amounted to $17,604,716; and the reserves exceeded the value of circulating tokens by $103,325.

USA₮ is a US dollar-pegged stablecoin supported by Tether and regulated in the United States. This token is specifically designed to serve the US market and comply with US regulatory standards.