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Tether's USAT stablecoin surges 540% in April, hitting $140.8M supply amid rising institutional use.

Market News
29 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Tether's USAT stablecoin saw a dramatic 540% increase in circulation during April, growing from $22 million to $140.8 million. This rapid growth is driven by institutional adoption for treasury management and compliant dollar liquidity solutions, supported by Anchorage Digital Bank under federal regulation. Despite this surge, USAT remains small compared to major stablecoins like Circle's USDC ($76B) and Tether's flagship USDT ($189B). The expansion reflects growing regulatory clarity and demand for scalable, transparent digital dollar options in the U.S. market.

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