According to the latest reserve report released by Anchorage Digital Bank, Tether's USA₮ stablecoin had a circulating supply of 175.2 million units as of July 31, and reserve assets were valued at $175.9 million. That put the reserve surplus at about $661,000, which represents a gain of roughly 5% from the previous month and sets a new record high. The report goes on to say that around 90% of the reserve assets are invested in reverse repurchase agreements that are backed by U.S. Treasuries, while the remaining portion is kept in cash. The data was compiled in accordance with the American Institute of Certified Public Accountants' 2025 standards, ensuring consistency in the presentation. Additionally, all reserve assets are held in an independent trust account that is unencumbered and established specifically for USA₮ holders. The reserve report was originally cited by CryptoBriefing, shedding light on the backing of the USA₮ stablecoin issued by Tether.
Anchorage Digital Bank's latest reserve report shows that as of July 31, Tether's USA₮ had a circulating supply of 175.2 million tokens.
Reserve assets totaled $175.9 million, leaving a surplus of roughly $661,000. That figure is up about 5% from June and marks the highest level on record.
The report also breaks down the reserve composition: about 90% sits in reverse repurchase agreements backed by U.S. Treasuries, with the rest in cash.
The data was prepared under the American Institute of Certified Public Accountants' 2025 standards. Assets are held in a separate, unencumbered trust account set up for USA₮ holders. The reserve report was cited by CryptoBriefing.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
