Rank #1USDTFiat-Backed

Tether

Pegged to

USD

Market Cap

$140.00B

24h Volume

$55.00B

Circulating Supply

140.00B USDT

Total Supply

140.00B USDT

Peg Target

USD

Collateral Type

Fiat-Backed

Issuer

Tether Limited

Launch Date

06-10-2014

About Tether

Tether (USDT) is the world's largest stablecoin by market capitalisation, pegged 1:1 to the US dollar. Issued by Tether Limited, USDT is backed by a mix of cash, cash equivalents, US Treasury bills, and other reserve assets. It is the most widely traded cryptocurrency by volume and serves as the primary trading pair and settlement layer across centralised and decentralised exchanges. USDT is available on virtually every major blockchain including Ethereum, Tron, Solana, and BNB Chain. Despite ongoing debates about its reserve transparency, Tether publishes quarterly attestation reports and remains the dominant stablecoin in both spot and derivatives markets.

Supported Blockchains

Ethereum Tron Solana BNB Chain Avalanche Polygon Arbitrum Optimism TON

Pros

Highest liquidity and trading volume
Available on virtually every exchange
Supported on 10+ blockchain networks
Strong integration with DeFi protocols

Cons

Reserve composition transparency concerns
Centralised issuer with regulatory risks
Past controversies over reserve backing
Not fully audited by major accounting firms

Key Features

Multi-chain availability on 10+ networks

Quarterly reserve attestation reports

Highest liquidity of any stablecoin

Supported by every major exchange

Used as primary quote currency in crypto trading

Instant settlement between supported chains

Stablecoin Information

Community & Socials

Website Twitter / X Telegram GitHub