Tether

Stablecoin · Fiat-Backed Regulated · USDT

NetworkStablecoinFiat-Backed RegulatedMulti-ChainHybrid-Chain1 coinsAudited

Tether issues USDT, a fiat-backed dollar stablecoin redeemable 1:1 against reserves held in cash, cash equivalents, and short-term U.S. Treasuries.

The largest stablecoin by circulating supply.

Circulating supply

$184.26B

+0.0% 24h

Latest data · 15 min delay

Research

Components, facts, FAQ, timeline, and tokenomics in one place

Main component

1

Tether core product

Tether issues USDT, a fiat-backed dollar stablecoin redeemable 1:1 against reserves held in cash, cash equivalents, and short-term U.S. Treasuries.

Differentiator

Deepest exchange liquidity and broadest chain deployment of any stablecoin; reserve attestations published by BDO / Moore Cayman.

Research agent