Tether's USA₮ Surpasses $175 Million as Reserve Surplus Hits Record High
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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. Backing composition: 90% of reserves ($158.4 million) was held in reverse repurchase agreements backed by U.S. Treasury securities, alongside $17.5 million in cash.
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