Tether (USDT)
Tether (USDT) is the largest and most widely used dollar-pegged stablecoin in the cryptocurrency market. It is designed to trade close to one US dollar, giving traders, exchanges, and blockchain applications a digital asset that behaves more like cash than a volatile cryptocurrency such as Bitcoin or Ether. USDT is issued by Tether Limited and circulates across multiple blockchains, including Ethereum, Tron, Solana, and others, making it a common settlement and transfer asset throughout the crypto economy.
USDT’s main role is liquidity. Many crypto exchanges list trading pairs against Tether, allowing users to move in and out of digital assets without returning to the traditional banking system for every transaction. It is also used for cross-border transfers, payments, DeFi activity, and as a temporary store of value during periods of market volatility. Because it exists on public blockchains, USDT can be transferred between compatible wallets and platforms, although network fees and exchange charges may apply.
Tether says its tokens are backed by reserves that include cash, cash equivalents, US Treasury bills, and other assets. The composition and transparency of those reserves have been frequent areas of scrutiny, and USDT has attracted regulatory and market debate because of its scale and importance to crypto trading. Despite that controversy, Tether remains a core piece of market infrastructure, functioning as a digital dollar substitute for users who need fast blockchain-based settlement and broad exchange acceptance.
Last updated
- Market Cap
- $183B
- Fully Diluted Valuation
- $189B
- 24 Hour Trading Vol
- $38.3B
- Circulating Supply
- 183B
- Total Supply
- 189B
- Max Supply
- —
Tether generated $1.5B in profit in Q2 amid crypto market turmoil
USDT Outflows Accelerate as Bitcoin Recovery Struggles
Tether Gold reserves rise 9.5% in Q2 as gold price posts biggest drop since 2013
CROWDFUNDINSIDER: Stablecoin USDT Issuer Tether Reports $1.5B Q2 2026 Profit, Increases Bitcoin and Gold Holdings
Tether Gold investor holdings rose 9.5% in Q2, with demand for tokenized gold continuing to heat up.
Tether Earns $1.5 Billion in Q2 While Its Reserve Cushion Halves to $4.1 Billion
Tether’s Reserve Buffer Cut in Half as Undisclosed Comprehensive Loss Exceeds $4 Billion
USDT Achieves a New Historic Adoption Record
Tether Is Quietly Building a $20 Billion Empire
Tether’s Excess Reserves Halve as Disclosure Standards Shift
Tether posts $1.5B net profits in Q2 as USDT users hit record high: Details
Tether Posts $1.5B Q2 Profit as Excess Reserves Halve to $4.11 Billion
Tether’s $1.5 billion Q2 profit and the reserve buffer problem
Tether's Q2 performance weakened, with its excess reserves declining by more than $4 billion.
Tether Q2 profit hits $1.5B as USDT supply grows
Tether (USDT) Releases Its Anticipated Second-Quarter Financial Results—Here’s Where It Stands and Its Assets
Tether Generates $1.5B in Q2 Earnings While USDT Circulation Reaches $184.6B
COINDESK: Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
Tether increases gold reserves by 14 tonnes in Q2 as profits increase by 1.5 billion
THE BLOCK: Tether's excess reserves fall by more than $4 billion amid weaker Q2 financial results
- Market Cap
- $183,124,324,590
- Fully Diluted Valuation
- $188,586,452,899
- 24 Hour Trading Vol
- $38,318,468,438
- 24h High
- $0.999274
- 24h Low
- $0.998587
- 24h Change
- +0.01%
- 7d Change
- -0.00%
- 30d Change
- -0.01%
- 1y Change
- -0.09%
- Market Cap Rank
- #3
- Market Cap Rank (rehypothecated)
- #3
- Circulating Supply
- 183,285,704,316
- Total Supply
- 188,752,646,168
- Max Supply
- —
- All-time high
- $1.32 (-24.49%) · Jul 23, 2018, 12:00 p.m.
- All-time low
- $0.572521 (+74.51%) · Mar 1, 2015, 11:00 a.m.
- Websitetether.to
- Block explorernearblocks.io/token/usdt.tether-token.near
- X / Twittertwitter.com/tether
- Facebooktether.to