USDT
Tether USDFiat-backedThe world's most widely used stablecoin
Official Overview
Tether (USDT) is the largest stablecoin by market capitalization, launched in 2014 by Tether Limited. Each USDT is designed to be backed 1:1 by US dollars and equivalent assets held in reserve. USDT operates across multiple blockchains and dominates global crypto trading volume, serving as the primary liquidity layer in both centralized and decentralized markets. Tether regularly publishes attestation reports on its reserves, though it has faced regulatory scrutiny regarding full transparency.
Market Activity · 12 Months
Price stability · Issuance growth · On-chain mint / burn events
Peg Target
$1.0000
Current Issuance
$184.10B
circulating supply
12-Month Growth
+27.8%
vs 12 months ago
Peak Issuance
$187.15B
12-month high
Max Peg Deviation
0.204%
from $1.00
12-Month Net Flow
+$48.34B
Total Minted
−$8.28B
Total Redeemed
Issuance Growth Curve
Circulating supply over 12 months
+27.8% in 12 months
Mint & Burn Events — Latest 10
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Type
Date
Chain
Amount
Total Supply
Peg
Scanning on-chain events…
Querying Ethereum · Tron
Estimated from CoinGecko market cap · Top 25% by daily change · Newest first
Contract Addresses
Always verify the contract address before transacting. Official addresses only.
Supported Chains
Ethereum
Largest DeFi ecosystem
Tron
Highest USDT volume, lowest fees
BSC
Low cost, high speed
Solana
Fast settlement
Avalanche
Growing DeFi activity
Polygon
Layer 2 scaling
Where to Get USDT
ArgusMark recommended platforms — vetted for compliance, liquidity, and security.
Technical Details
Peg MechanismFiat-backed — 1 USDT backed by $1 equivalent in cash, cash equivalents, and other assets held by Tether Limited
Reserve InfoQuarterly attestation by BDO Italia. Reserves include cash, T-bills, money market funds, and secured loans.
Audit StatusAttestations published quarterly. Not a full audit — an area of ongoing regulatory discussion.
ArgusMark provides informational analysis only. This is not financial advice. Always conduct independent research before transacting with any stablecoin. Ratings reflect our Observer Network assessment and may not reflect all risks.