Rapid Expansion of Tether’s USAT: What’s Fueling Its Phenomenal Growth?
3d ago•
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In April, Tether‘s US dollar stablecoin, USAT, experienced a remarkable surge, escalating to a circulatory supply of $140.8 million from $22 million, showcasing an impressive 540% growth within a single month. The latest attestation report from Deloitte validates this swift rise, with the reserves backing USAT following suit, increasing from $22.2 million to $141.2 million. […]
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3d ago•
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