Tether’s USAT supply grows 540% month-over-month, latest attestation shows

60-second summary

Tether's USAT supply is growing rapidly, increasing six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation. This significant growth represents a 540% month-over-month increase. The expansion of USAT supply may alleviate concerns about liquidity and stability, potentially boosting investor confidence in the stablecoin market, further solidifying its position as a top stablecoin.