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. […]
Continue Reading:Rapid Expansion of Tether’s USAT: What’s Fueling Its Phenomenal Growth?
Source: https://en.bitcoinhaber.net/rapid-expansion-of-tethers-usat-whats-fueling-its-phenomenal-growth
