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Tether compliant stablecoin USAT monthly growth of 540%, total supply surpasses 140 million tokens
The total reserve balance also grew to $141 million, forming a reserve surplus of about $327k compared to the circulating tokens.
USAT was launched in January this year, aiming to meet the regulatory requirements of the U.S. GENIUS Act, and is backed 1:1 by cash or high-liquidity assets such as U.S. Treasury bonds.
Tether CEO Paolo Ardoino stated that as the regulatory path for stablecoins becomes clearer, institutions are seeking digital dollars that combine scale, compliant issuance, and transparent reserve reporting.
Tether aims to achieve a net profit of $10 billion in 2025 and over $1 billion in net profit in the first quarter of 2026.