Tether's USAT Supply Surges 540% Month-Over-Month to 140M Tokens

GateNews
USAT-0.05%
According to The Block, Tether's USAT supply surged 540% month-over-month on May 29, rising from approximately 22 million tokens in March to over 140 million in April. The stablecoin's total reserves increased to approximately $141 million, with a surplus of roughly $327,000 relative to circulating token supply, according to official documentation.
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