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Stablecoins

USDT (Tether)

Largest USD-pegged stablecoin — $150B+ supply across chains

Category: Stablecoins Also known as: 1 Related terms: 3

What is USDT (Tether)?

Issued by Tether Limited. Multi-chain: Ethereum (~$70B), Tron (~$60B), Solana, Polygon, Avalanche. Each USDT claims 1:1 USD backing (treasury bills, cash). Mints/burns trackable on-chain.

Context anchor

Tracked on the /usdt/ spotlight + dashboard.

Also known as

tether

Related terms

  • Tether TreasuryWallets where Tether issues (mints) and burns USDT supply
  • Peg / DepegStablecoin's 1:1 fix to a target asset (usually USD) — and its breakage
  • StablecoinA crypto pegged 1:1 to a fiat currency (mostly USD). Largest: USDT, USDC.