Anchorage Digital Bank released its first USAT reserve report. As of January 31, 2026, there were 17,501,391 USAT tokens in circulation, backed by $17,604,716 in reserve assets, with an excess reserve of $103,325. The reserves consist of USD cash and reverse repos collateralized solely by U.S. Treasury bonds, stored in independent trust accounts. USAT is issued by Anchorage Digital Bank, regulated by the OCC, and supported by Tether. The statement also emphasizes that USAT is not legal tender and is not protected by FDIC/SIPC. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57369