Tether (USDT)

USDTUSD peg
Fiat-backed stableFiat reserve (1:1)
Unverified
Tether belongs to the Stablecoin category.

Historical peg variance

Tight peg

90-day series · source: DeFi Llama

$1.0000 peg

Chain distribution

Circulating supply by chain · updated 10h ago

DeFi Llama
Tron93.44B USDT50.7%
Ethereum72.99B USDT39.6%
BSC9.18B USDT5.0%
Solana2.94B USDT1.6%
Arbitrum819.1M USDT0.4%
Polygon793.9M USDT0.4%
Plasma777.1M USDT0.4%
TON550.8M USDT0.3%
Mantle444.1M USDT0.2%
Aptos432.0M USDT0.2%
OP Mainnet390.3M USDT0.2%
Avalanche321.3M USDT0.2%
Kaia203.7M USDT0.1%
X Layer112.9M USDT0.1%
Celo83.9M USDT0.0%
Fantom83.0M USDT0.0%
Omni80.0M USDT0.0%
Hyperliquid L167.3M USDT0.0%
Ink56.7M USDT0.0%
Monad56.0M USDT0.0%
Kava50.1M USDT0.0%
Near39.2M USDT0.0%
Berachain37.2M USDT0.0%
Polkadot37.0M USDT0.0%
Mixin31.9M USDT0.0%
Tezos27.3M USDT0.0%
Flare25.0M USDT0.0%
Stable21.0M USDT0.0%
Conflux20.2M USDT0.0%
Tempo11.2M USDT0.0%
Sui9.3M USDT0.0%
OKTChain8.8M USDT0.0%
KCC8.7M USDT0.0%
Unichain7.6M USDT0.0%
Morph7.4M USDT0.0%
Linea7.2M USDT0.0%
PulseChain4.5M USDT0.0%
Scroll4.2M USDT0.0%
Injective4.2M USDT0.0%
Starknet3.7M USDT0.0%
Rootstock2.8M USDT0.0%
Katana2.5M USDT0.0%
ZKsync Era2.3M USDT0.0%
Sei2.1M USDT0.0%
ICP2.1M USDT0.0%
MegaETH2.0M USDT0.0%
Manta2.0M USDT0.0%
Vaulta1.7M USDT0.0%
Metis1.5M USDT0.0%
Aurora1.4M USDT0.0%
IoTeX1.1M USDT0.0%
EDU Chain915.0K USDT0.0%
Algorand841.4K USDT0.0%
Peaq799.5K USDT0.0%
Gnosis704.2K USDT0.0%
Redbelly671.6K USDT0.0%
Soneium643.6K USDT0.0%
Osmosis590.7K USDT0.0%
Abstract567.2K USDT0.0%
CORE561.5K USDT0.0%
Etherlink533.9K USDT0.0%
Stacks389.7K USDT0.0%
IOTA EVM343.1K USDT0.0%
Bittorrent332.3K USDT0.0%
Oasis Emerald328.1K USDT0.0%
Movement279.6K USDT0.0%
Mode244.6K USDT0.0%
Kusama239.7K USDT0.0%
Statemine239.7K USDT0.0%
Waves234.1K USDT0.0%
Astar228.5K USDT0.0%
Hemi215.6K USDT0.0%
Telos203.2K USDT0.0%
Wanchain182.8K USDT0.0%
Boba134.2K USDT0.0%
Zircuit118.9K USDT0.0%
Cardano107.8K USDT0.0%
Fuse65.3K USDT0.0%
Hedera53.2K USDT0.0%
MANTRA48.2K USDT0.0%
Syscoin44.6K USDT0.0%
XDC39.8K USDT0.0%
ApeChain37.0K USDT0.0%
Taiko35.9K USDT0.0%
GOAT28.4K USDT0.0%
Immutable zkEVM25.6K USDT0.0%
Gravity by Galxe23.5K USDT0.0%
Somnia23.0K USDT0.0%
Viction17.7K USDT0.0%
LightLink13.0K USDT0.0%
EthereumClassic10.7K USDT0.0%
Shiden9.9K USDT0.0%
Plume Mainnet6.3K USDT0.0%
Citrea3.3K USDT0.0%
Data Network3.3K USDT0.0%
Reinetwork2.1K USDT0.0%
Flow1.1K USDT0.0%
Theta409 USDT0.0%
Vana330 USDT0.0%
Nibiru118 USDT0.0%
Arbitrum Nova19 USDT0.0%
Rayls1 USDT0.0%
0G1 USDT0.0%
Zora0.0000 USDT0.0%

Metadata

Peg targetUSD
Sub-categoryStablecoin
ChainsArbitrum One
Arbitrum nativeNo
LiveLive
Founded—

Issuance

Backing & mint/redeem mechanics per the issuer.

DeFi Llama
Peg mechanismFiat-backed

Tether customers who have undergone a verification process can exchange USD for USDT and redeem USDT for USD.

Research agent