Tether
Stablecoin-Profil
Tether (USDT) ist ein fiat-gedeckter Stablecoin, gebunden an USD, mit 184,1 Mrd. $ im zirkulierenden Angebot über 107 Blockchain-Netzwerke. Jeder USDT ist durch Reserven des Emittenten gedeckt, mit Parität attestiert über defillama. Die Bindung wurde in den meisten Handelsphasen innerhalb von ±1% gehalten, wobei Reservezusammensetzung und Attestierungsfrequenz die wesentlichen Inputs für sein Kreditrisikoprofil sind.
Über Tether (USDT)
Launched in 2014, Tether tokens pioneered the stablecoin model. Tether tokens are pegged to real-world currencies on a 1-to-1 basis. This offers traders, merchants and funds a low volatility solution when exiting positions in the market.
Tether customers who have undergone a verification process can exchange USD for USDT and redeem USDT for USD.
Emittent & Attestierung
Tether (USDT) is issued by Tether Holdings Limited, operating under British Virgin Islands (with operations in El Salvador). Originally launched in 2014.
Reserve-Zusammensetzung
Reserves are primarily US Treasury bills, cash and cash equivalents, secured loans, corporate bonds, and other investments (including Bitcoin and precious metals).
Bemerkenswerte Peg-Ereignisse
Tether settled with the New York Attorney General in 2021 and with the CFTC over historical reserve disclosure practices.
Reserve-Attestierungsberichte
Informationen zum Emittenten stammen aus öffentlichen Offenlegungen, regulatorischen NYDFS- / BMA-Einreichungen und primären Attestierungsberichten. Vor Entscheidungen stets direkt beim Emittenten verifizieren.
Jüngste Angebotsaktivität
Tether (USDT) supply expanded by 59,8 Mio. $ (+0.03%) in the last 24 hours, expanded by 202 Mio. $ (+0.11%) over the past week, and expanded by 314,3 Mio. $ (+0.17%) over the past 30 days.
Steady issuance: supply has held roughly flat (0.17% over 30 days), consistent with mature stablecoin liquidity dynamics.
Supply-Verlauf
Network distribution
Tether circulates across 97 blockchain networks. Tron hosts the largest share at 45.58%, followed by Ethereum at 43.98%. Mantle has shown the strongest 30-day growth at +43.70%, suggesting fresh issuance or bridge inflows on that chain.
| Kette | Angebot | Anteil | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Tron | 83,9 Mrd. $ | 45.58% | -1.76% | +0.06% |
| Ethereum | 81 Mrd. $ | 43.98% | +3.09% | +1.41% |
| BSC | 9 Mrd. $ | 4.88% | +0.00% | +0.00% |
| Solana | 2,8 Mrd. $ | 1.53% | -9.60% | -5.04% |
| Plasma | 1,2 Mrd. $ | 0.64% | +1.74% | -17.97% |
| Arbitrum | 920,4 Mio. $ | 0.50% | +2.63% | -5.65% |
| Polygon | 891,9 Mio. $ | 0.48% | -0.39% | -2.80% |
| Aptos | 769,5 Mio. $ | 0.42% | +1.32% | -24.15% |
| Avalanche | 710,4 Mio. $ | 0.39% | -25.98% | -16.57% |
| Mantle | 546,4 Mio. $ | 0.30% | +3.55% | +43.70% |
| TON | 543,9 Mio. $ | 0.30% | -31.49% | -25.89% |
| Ink | 236,7 Mio. $ | 0.13% | -0.94% | +2.55% |
| OP Mainnet | 162,5 Mio. $ | 0.09% | -0.09% | +5.98% |
| Hyperliquid L1 | 158,7 Mio. $ | 0.09% | +0.93% | +10.24% |
| Katana | 138,8 Mio. $ | 0.08% | -47.62% | +465.38% |
| Celo | 131,9 Mio. $ | 0.07% | 0.00% | +10.01% |
| Kaia | 126,6 Mio. $ | 0.07% | -0.00% | -7.29% |
| Kava | 110 Mio. $ | 0.06% | -0.01% | +0.00% |
| Fantom | 83 Mio. $ | 0.05% | 0.00% | -0.00% |
| Omni | 80,1 Mio. $ | 0.04% | 0.00% | 0.00% |
| Near | 64,6 Mio. $ | 0.04% | -0.00% | -0.49% |
| Monad | 57,2 Mio. $ | 0.03% | +1.24% | -59.57% |
| X Layer | 48,8 Mio. $ | 0.03% | +3.51% | -1.52% |
| Berachain | 48,1 Mio. $ | 0.03% | +0.09% | +71.09% |
| Tezos | 42,3 Mio. $ | 0.02% | 0.00% | 0.00% |
| MegaETH | 41,4 Mio. $ | 0.02% | +1.57% | -15.28% |
| Polkadot | 37 Mio. $ | 0.02% | 0.00% | -0.00% |
| Flare | 35,9 Mio. $ | 0.02% | -6.73% | -27.64% |
| Unichain | 32,2 Mio. $ | 0.02% | -5.70% | -14.15% |
| Mixin | 31,9 Mio. $ | 0.02% | 0.00% | 0.00% |
| Stable | 24,9 Mio. $ | 0.01% | -0.50% | -5.01% |
| Sui | 16,9 Mio. $ | 0.01% | -16.55% | -34.54% |
| Injective | 15,2 Mio. $ | 0.01% | -1.13% | -4.27% |
| Corn | 11,8 Mio. $ | 0.01% | 0.00% | -0.07% |
| Scroll | 10,2 Mio. $ | 0.01% | -8.01% | -5.79% |
| OKExChain | 9 Mio. $ | 0.00% | 0.00% | 0.00% |
| KCC | 8,8 Mio. $ | 0.00% | 0.00% | -0.03% |
| Linea | 8,7 Mio. $ | 0.00% | +0.40% | -8.49% |
| Morph | 5,6 Mio. $ | 0.00% | +1.84% | +24.67% |
| Sei | 5,3 Mio. $ | 0.00% | -12.89% | -8.70% |
| Metis | 5 Mio. $ | 0.00% | -0.13% | -17.15% |
| PulseChain | 4,5 Mio. $ | 0.00% | -2.95% | -3.76% |
| NEO | 3,9 Mio. $ | 0.00% | 0.00% | 0.00% |
| Manta | 3,8 Mio. $ | 0.00% | -0.00% | -0.45% |
| Zilliqa | 3,8 Mio. $ | 0.00% | 0.00% | 0.00% |
| StarkNet | 3,7 Mio. $ | 0.00% | +1.43% | -28.69% |
| ICP | 3,2 Mio. $ | 0.00% | -2.64% | -32.35% |
| zkSync Lite | 2,9 Mio. $ | 0.00% | -0.00% | -0.11% |
| ZKsync Era | 2,8 Mio. $ | 0.00% | +0.00% | -7.76% |
| Rootstock | 2,7 Mio. $ | 0.00% | -3.49% | +8.35% |
| Movement | 2,3 Mio. $ | 0.00% | -1.50% | -22.00% |
| EOS | 1,7 Mio. $ | 0.00% | 0.00% | 0.00% |
| Core | 1,4 Mio. $ | 0.00% | -0.21% | -1.02% |
| Aurora | 1,4 Mio. $ | 0.00% | +0.08% | +0.81% |
| IoTeX | 1,1 Mio. $ | 0.00% | 0.00% | -5.14% |
| Gnosis | 1,1 Mio. $ | 0.00% | +1.14% | -62.49% |
| Soneium | 909.539,2 $ | 0.00% | -1.27% | -7.05% |
| MultiversX | 858.092 $ | 0.00% | -2.84% | -8.24% |
| Algorand | 841.456 $ | 0.00% | 0.00% | 0.00% |
| Etherlink | 823.436,2 $ | 0.00% | +4.93% | -27.66% |
| Moonriver | 801.523,3 $ | 0.00% | 0.00% | 0.00% |
| Osmosis | 754.393,5 $ | 0.00% | +0.30% | -16.93% |
| EDU Chain | 749.037,8 $ | 0.00% | 0.00% | +13.83% |
| Redbelly | 676.731,1 $ | 0.00% | -0.04% | -0.58% |
| ThunderCore | 605.434 $ | 0.00% | +0.51% | -1.53% |
| Stacks | 492.415,1 $ | 0.00% | 0.00% | -3.90% |
| Wanchain | 479.239,1 $ | 0.00% | +18.14% | -11.88% |
| Hemi | 404.902,1 $ | 0.00% | +0.04% | +34.45% |
| Mode | 400.386,9 $ | 0.00% | 0.00% | 0.00% |
| Loopring | 362.578 $ | 0.00% | -2.27% | -10.87% |
| Canto | 349.547,4 $ | 0.00% | +0.19% | +0.19% |
| Oasis | 328.125,8 $ | 0.00% | 0.00% | 0.00% |
| Cardano | 315.977,4 $ | 0.00% | +31.42% | -56.13% |
| Bittorrent | 298.614,1 $ | 0.00% | +0.13% | +0.51% |
| Zircuit | 247.674,9 $ | 0.00% | 0.00% | -11.02% |
| Kusama | 239.779,1 $ | 0.00% | 0.00% | -0.10% |
| Statemine | 239.779,1 $ | 0.00% | 0.00% | -0.10% |
| Moonbeam | 226.405,2 $ | 0.00% | 0.00% | 0.00% |
| Telos | 203.211,6 $ | 0.00% | 0.00% | 0.00% |
| Viction | 170.851,8 $ | 0.00% | 0.00% | 0.00% |
| Waves | 168.806,5 $ | 0.00% | +2.60% | -18.22% |
| Meter | 165.335,9 $ | 0.00% | 0.00% | 0.00% |
| Boba | 129.590,3 $ | 0.00% | 0.00% | 0.00% |
| Taiko | 123.660,3 $ | 0.00% | 0.00% | +14.70% |
| Fuse | 65.487,2 $ | 0.00% | 0.00% | 0.00% |
| Immutable zkEVM | 61.231,7 $ | 0.00% | -0.57% | -2.80% |
| Mantra | 47.008,7 $ | 0.00% | 0.00% | +570.81% |
| Syscoin | 44.567,4 $ | 0.00% | 0.00% | 0.00% |
| Dogechain | 33.994,2 $ | 0.00% | 0.00% | 0.00% |
| Plume Mainnet | 20.082,8 $ | 0.00% | -0.23% | -57.40% |
| EthereumClassic | 10.683,7 $ | 0.00% | 0.00% | 0.00% |
| Shiden | 9860,3 $ | 0.00% | 0.00% | 0.00% |
| Evmos | 5319,3 $ | 0.00% | 0.00% | 0.00% |
| REINetwork | 2141,3 $ | 0.00% | 0.00% | 0.00% |
| Theta | 409 $ | 0.00% | 0.00% | 0.00% |
| SXnetwork | 100 $ | 0.00% | 0.00% | 0.00% |
| Arbitrum Nova | 18,8 $ | 0.00% | 0.00% | 0.00% |
Verlauf der Peg-Stabilität
Tether (USDT) is designed to trade at exactly 1.00 USD, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $1.0001, a +0.013% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.
Wie reserve-backed-Stablecoins ihren Peg verteidigen
Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.
Praktische Auswirkungen für Inhaber
- Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
- Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
- Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
- Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Vertragsadressen
Tether (USDT) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Kette | Vertragsadresse | Verifizieren |
|---|---|---|
| Ethereum | 0xdac17f958d2ee523a2206206994597c13d831ec7 | Explorer |
Vertragsadressen stammen aus dem Stablecoin-Profil von DeFiLlama. Einige Ketten (Tron, Solana, Aptos, Sui) verwenden Nicht-EVM-Adressformate. Der „Explorer"-Link öffnet den offiziellen Blockexplorer für die jeweilige Kette; wir verlinken nicht auf Drittanbieter-Explorer, die geänderte Daten anzeigen könnten.
Tether mit anderen fiat-backed-Stablecoins vergleichen
Below are the largest fiat-backed stablecoins tracked on Mantapex alongside Tether (USDT). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Angebot | Mechanismus | Ketten |
|---|---|---|---|
| USD Coin (USDC) | 79,6 Mrd. $ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4,5 Mrd. $ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4,1 Mrd. $ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2,5 Mrd. $ | fiat-backed | 8 |
| Circle USYC (USYC) | 2,4 Mrd. $ | fiat-backed | 2 |
Über Mechanismusklassen hinweg
If you're researching USDT as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Peg-Stabilität
Chain-Verteilung
Ressourcen & Datenquellen
Tether (USDT) is tracked across major crypto data providers. The links below open Tether (USDT)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Aktuelle Tether-Nachrichten
Latest reporting from major crypto news outlets covering Tether.
- Cryptopolitan
US, Tether freeze $131M in Iran-linked USDT on Tron
On Tuesday, the US Treasury, along with Tether, froze approximately $131 million in USDT funds linked to Iran's central bank, demonstrating how the effective work of stablecoin…
- CryptoSlate
US turns stablecoin issuer Tether into a financial weapon against Iran, freezing nearly $500 million
US authorities have used Tether's control over its dollar-linked stablecoin to freeze about $475 million connected to Iran in less than three months, extending Washington's…
- AMBCrypto
Tether CEO: ‘Demand for dollar settlement is a wages story' – $7M Pact Labs investment proves it
Tether expands stablecoin payments as compliance and infrastructure drive institutional adoption.
- Tokenpost
U.S. Treasury Sanctions Crypto Addresses Linked to Cuba, Tether Freezes $131 Million USDT
The U.S. Treasury has expanded its sanctions net into crypto, adding dozens of addresses across multiple blockchains linked to Cuba-related entities—an escalation that comes as…
- The Currency Analytics
MEXC Logs 7.1 Billion USDT in SpaceX Futures as CEO Vugar Usi Reshapes the Exchange
MEXC just dropped its Q2 2026 report, and the numbers are big.
- AMBCrypto
Binance's USDC reserves fall 40% while USDT holds firm – Here's why
Can broader stablecoin liquidity reignite crypto market demand?
- AMBCrypto
Bolivia includes USDT in payment systems – Tether CEO hails ‘cornerstone'
The shift follows the government's softer stance on crypto since 2025.
- NewsBTC
Tether's Pact Labs Round Shows Stablecoin Issuers Are Still Building Compliance Rails
Tether's Pact Labs Round Shows Stablecoin Issuers Are Still Building Compliance Rails is a useful reminder that crypto coverage is not only about token prices. Sometimes the more…
Verwandte Stablecoins
Stablecoins comparable to Tether by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Andere fiat-backed Stablecoins
An USD gebundene Stablecoins
Größte Stablecoins nach Angebot
Risikohinweis
Stablecoins tragen Risiken, einschließlich De-Pegging, regulatorischer Änderungen und Gegenparteirisiken. Diversifiziere immer und führe eigene Recherchen durch.
