Anchorage Digital Bank N.A. has released the USA₮ Reserve Report as of August 31, 2026, prepared under the American Institute of Certified Public Accountants’ “2025 Criteria for Stablecoin Reporting: Specific to Asset-Backed Fiat-Pegged Tokens.”

As of August 31, 2026, there were 175,731,350 redeemable USA₮ tokens in circulation, approximately 10 times the 17,501,391 reported at the end of January. Reserve assets totaled $176,391,828, exceeding the value of outstanding redeemable tokens by $660,478. Both circulation and reserve assets increased from July.

USA₮ is being built for businesses that need dollars to move beyond banking hours, whether they are settling payments, managing treasury funds, or building financial services into digital platforms. The August report gives those businesses a clear view of the reserves behind each redeemable token as USA₮ grows into those uses. For institutions considering how digital dollars fit into their operations, that visibility is important. USA₮ combines the speed and flexibility of onchain money with issuance through a federally chartered U.S. bank, bringing a familiar standard of oversight to new ways of moving dollars.

“The United States has an opportunity to lead the next generation of digital payments and reinforce the dollar’s dominance,” said Paolo Ardoino, CEO of Tether. “USA₮ was built to support that ambition, and this attestation reflects the discipline behind it – a fully backed digital dollar that people and businesses can use with confidence.” 

“USA₮ has grown roughly tenfold since January, but we’re still at the beginning,” said Bo Hines, CEO of Tether USA₮. “The opportunity is to make digital dollars useful in the places businesses already move money, from payments to settlement. August’s figures show the foundation for that growth with reserve assets exceeding redeemable tokens outstanding at month-end.”

USA₮ continues to expand across payments, settlements, treasury operations, and digital platforms as demand grows for digital dollars issued through federally chartered U.S. banking infrastructure.

For more information, please refer to the USA₮ Reserve Report here.

About USA₮

USA₮ is a dollar-backed stablecoin issued by Anchorage Digital Bank N.A., a federally chartered bank, that Tether, the global leader in stablecoin technology, has collaborated in supporting. Purpose-built to serve the U.S. market and support American regulatory standards, USA₮ is a foundational rail for the next generation of American commerce, trade, and finance. USA₮ underscores Tether’s commitment to driving U.S. dominance and leadership in the evolving digital asset economy. As part of the broader Tether ecosystem, USA₮ aims to set a new benchmark in the U.S. for utility-driven stablecoins designed to deliver long-term value, strong governance, and real-world applications

About Anchorage Digital

Anchorage Digital is the proven infrastructure layer for modern financial markets that gives institutions a single platform to participate in digital assets, including prime services, tokenization, stablecoins, and the governance framework for agentic finance. Home to Anchorage Digital Bank N.A., America’s first federally regulated digital asset bank, Anchorage Digital also serves institutions through Anchorage Digital Singapore, licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital Bank also offers fiat custody services through an FDIC-insured, licensed sub-custodian. Anchorage Digital is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a valuation of $4.2 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, X, YouTube, and LinkedIn.

Press Contacts: Anchorage Digital
press@anchorage.com

Forward-Looking Statements:

Certain statements in this press release may be forward-looking in nature. The words “will”, “believe,” “expect,” “estimate,” “could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends, and uncertainties that could cause actual results to differ materially from those projected, anticipated, or implied in the forward-looking statements. None of Tether nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Important Note:

USA₮ is not legal tender (as described in section 5103 of title 31, United States Code) and is not issued, backed, approved, or guaranteed by the U.S. government. USA₮ will not be subject to the insurance protections of the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any other government agency.The issuer of USA₮ is Anchorage Digital Bank,