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Tether
Tether
-Stablecoin Issuer
DeFiLlama Stablecoin Issuer·- TVL·- 1h·- 24h·- 7d·0 chains

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About Tether

Tether is a company that issues the USDT stablecoin, facilitating stable value transfers across blockchain networks

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Protocol Profile

Tether is a Stablecoin Issuer issuance protocol — it mints stable units against collateral (crypto, RWA, or off-chain reserves) and uses redemption or rebalancing mechanisms to hold the peg.

Official Resources & Links

Verified external resources for Tether — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Other Stablecoin Issuer protocols on Mantapex

Tether is one of 2 Stablecoin Issuer protocols Mantapex tracks in this category. Direct peers ranked by total value locked include M0. These peer protocols collectively secure $198.3M in deposits, giving you a frame of reference for whether Tether's own TVL is at the top, middle, or tail of the category.

Browse all Stablecoin Issuer protocols on Mantapex

Recent Tether news

Latest reporting from major crypto news outlets covering Tether.

Related protocols

Other DeFi protocols connected to Tether by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.

Risk Warning

DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.

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