Transparency
Transparency & stability
USDA is always redeemable 1:1 for US dollars. Live supply and reserve data below, monthly reserve reports examined by a registered public accounting firm, and CEO/CFO-certified disclosures — as required under the GENIUS Act.
Pre-launch · illustrative data
USDA in circulation
2,412,800
live from Tempo at launch
Total reserves
$2,414,120
updated daily at launch
Reserve ratio
100.05%
reserves ÷ supply
Balances — supply vs reserves ($M)
Jan–Jun 2026 · illustrativeJan
Feb
Mar
Apr
May
Jun
USDA in circulation Reserves (fair value, $)
Issuance & redemption
24h change+$18,200
Minted $24,100Redeemed $5,900
7-day change+$96,400
Minted $131,000Redeemed $34,600
30-day change+$412,300
Minted $540,800Redeemed $128,500
Stability you can trust
Each month a registered public accounting firm examines the prior month-end reserve report — total USDA outstanding, reserve composition by category, average tenor, and custody geography. The CEO and CFO certify each report to the regulator; false certification carries federal criminal penalties. The archive below grows every month from launch.
Monthly assurance & transparency reports
PDF · examined · CEO/CFO certified2026
JunePDF
MayPDF
AprilPDF
MarchPDF
FebruaryPDF
JanuaryPDF
Illustrative archive — real reports publish here monthly once USDA is live, grouped by year.
How we manage USDA
Every USDA in circulation corresponds to a dollar of cash or a US Treasury obligation maturing within 93 days, held for the benefit of USDA holders. Reserves sit separately from Atlas operating funds and are never lent, pledged, or rehypothecated. Redemption is available to verified account holders every business day.