The supply of Tether's USAT increased by 540% month-on-month

According to The Block, based on the latest official documentation, Tether's USAT supply has increased by nearly 540% month-on-month, rising from approximately 22 million in March to over 140 million in April, with the total reserve balance also increasing to about 141 million USD, which means that the reserve surplus is approximately 327,000 USD relative to the circulating token quantity.

Tether CEO Paolo Ardoino stated that the adoption of regulated digital dollars is accelerating, and as stablecoin regulations become clearer, institutions will seek digital dollars that combine scale, regulated issuance, and transparent reserve reporting. USAT was launched in January, aiming to comply with the requirements of the GENIUS Act, marking Tether's attempt to enter the U.S. regulatory framework.