Anchorage Digital Bank and Tether’s U.S.-focused stablecoin venture released their first reserve report this week, showing the stablecoin token USAT fully backed by dollar-denominated assets with a modest surplus cushion as of Jan. 31. Tether’s U.S. Stablecoin USAT Posts Overcollateralized Reserves in First Report Anchorage Digital Bank, a federally chartered national trust bank regulated by […]Anchorage Digital and Tether Release First USAT Stablecoin Reserve Report
Anchorage Digital Bank and Tether’s U.S.-focused stablecoin venture released their first reserve report this week, showing the stablecoin token USAT fully backed by dollar-denominated assets with a modest surplus cushion as of Jan. 31. Tether’s U.S. Stablecoin USAT Posts Overcollateralized Reserves in First Report Anchorage Digital Bank, a federally chartered national trust bank regulated by […]