Tether’s USA₮ holds above $175 million as reserve surplus hits record
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Tether's USA₮ stablecoin maintained circulation above $175 million through July 2026, with reserve assets climbing to approximately $175.9 million according to data from Anchorage Digital Bank. The token's reserve surplus - the difference between backing assets and issued liabilities - reached a record level, exceeding $661,000. This marks the second consecutive month the token has held circulation above the $175 million threshold.
The milestone reflects sustained demand for a dollar-pegged stablecoin operating within regulated banking infrastructure. The reserve surplus indicates Tether USA₮ maintains more backing than strictly required by its liability obligations, a metric investors monitor to assess collateralization health.
- Tether USA₮ circulation stayed above $175 million for a second month, with reserves matching circulation levels.
- Reserve surplus hit a record high of roughly $661,000, showing the token is overcollateralized relative to issued liabilities.
- The stablecoin's performance underscores continued adoption within regulated banking frameworks.
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Tether’s USA₮ Surpasses $175 Million as Reserve Surplus Hits Record High
TL;DR: Sustained circulation: Anchorage Digital Bank reported 175,245,527 Tether USA₮ tokens in circulation as of July 31, 2026. Record surplus: Reserve assets totaled $175,906,606, posting a $661,079 surplus against issued liabilities. Bac…
Tether’s USA₮ holds above $175 million as reserve surplus hits record
Tethers USA held more than $175 million in circulation for a second month as reserve assets reached $175.9 million and surplus hit a record.