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

As of 11:59:59 p.m. UTC on May 31, 2026, there were 156,516,514 USA₮ tokens outstanding, an increase of 15,665,564 tokens from April’s 140,850,950.

Reserve assets totaled $157,033,006, up from $141,178,400 in April, an increase of $15,854,606 month over month.

Reserves exceeded tokens outstanding by approximately $516,492, compared to a $327,450 surplus in April, continuing a consistent pattern of overcollateralization across each monthly report.

This report lands at a moment when the U.S. is positioning itself to take a more active role in digital asset infrastructure. Legislative efforts and regulatory guidance are increasingly focused on bringing stablecoin activity onshore, prioritizing transparency, high-quality reserves, and supervised issuance models. USA₮ aligns directly with that direction. Issued through OCC supervised rails, with reserves held in segregated accounts and disclosed under AICPA criteria, the structure reflects the direction the market is moving toward.

After April’s significant increase in circulation, the May report shows USA₮ sustaining its larger operating base while maintaining full reserves, surplus backing, and disclosures that can be tracked month to month under U.S. regulatory oversight. USA₮ has grown from 22,050,123 tokens outstanding at the end of March to 156,516,514 tokens outstanding at the end of May, while reserves have continued to exceed redeemable tokens outstanding across each report. That consistency is being established as the U.S. moves toward a clearer framework for regulated digital dollars, with policymakers and market participants increasingly focused on reserve quality, transparent disclosures, and reliable redemption standards. USA₮ is already operating within those parameters, offering a live example of how a regulated digital dollar can function under existing oversight.

“It is one thing to grow quickly; it is another to show that the structure continues to hold as that growth becomes real activity,” said Paolo Ardoino, CEO of Tether. “The latest report shows that USA₮ is operating with full reserve backing, a growing surplus, and transparent reporting under U.S. oversight. That is what matters for the next phase of stablecoins. The market needs digital dollars that can scale, remain fully backed, and meet the standards expected of the financial system.”

“April showed demand, and May shows durability,” said Bo Hines, CEO of Tether USA₮. “After a major increase in circulation, the important question is whether tokens outstanding, reserves, and surplus backing continue to move together. This report shows that they do. Institutions are not evaluating stablecoins on a single growth number; they are looking for systems that behave predictably as activity increases, and that is what USA₮ is demonstrating.”

USA₮ continues to expand across payments, settlements, treasury operations, and digital platforms as demand for regulated, transparent digital dollars accelerates.

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

About USA₮

USA₮ is a dollar-backed stablecoin that Tether, the global leader in stablecoin technology, has collaborated with Anchorage Digital Bank to launch. 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 Bank N.A

Anchorage Digital Bank N.A. is the first crypto-native bank to receive a charter from the U.S. Office of the Comptroller of the Currency. As a qualified custodian, Anchorage Digital Bank works closely with its regulators to meet stringent compliance requirements and to set the industry bar for digital asset operations under federal oversight. From SEC-registered investment advisors to venture capital firms, clients using Anchorage Digital benefit from heightened operational, compliance, audit, and governance controls. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.

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, N.A.