Deloitte Signs Off on Reserves for Tether-Linked USAT Stablecoin
Deloitte attested that Anchorage's reserves for the USAT stablecoin, supported by Tether, were fairly stated as of January 31, 2026.Summary
Deloitte & Touche issued an independent attestation confirming that the reserve report for USAt, a new US-regulated stablecoin from Anchorage supported by Tether, was fairly stated in all material respects as of January 31, 2026. The USAt token, launched in January on Ethereum, aims for a one-to-one peg with the US dollar and is designed to comply with the US GENIUS Act. At the reporting date, $17,604,716 in reserve assets backed 17,501,391 outstanding tokens, resulting in a surplus of $103,325, primarily held in cash and short-term reverse repurchase agreements collateralized by US Treasury securities. This marks the first time a Big Four firm has signed off on a Tether-connected reserve attestation, though Deloitte's role was limited to attestation, not a full financial audit assessing internal controls or broader compliance.
(Source：Cointelegraph)