Tether’s U.S.-focused stablecoin grows 500% in a month, but still lags Circle, Ripple, Paypal
Stablecoin giant Tether’s U.S.-focused digital dollar token USAT (USAT) expanded more than sixfold month-over-month in April, it still lags far behind its rivals. According to the latest reserve report signed by Deloitte and published Thursday, the token’s circulating supply hit $140.8 million as of April 30, up from $22 million in March and posting a…