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DeFiLlama peggedUSD Estable·1 US$·184,1 mil M US$ mcap·107 chains

Perfil del Stablecoin

Tether (USDT) es una stablecoin respaldada por fiat anclada a USD, con 184,1 mil M US$ en suministro circulante a través de 107 redes blockchain. Cada USDT está respaldada por reservas del emisor, con paridad atestiguada vía defillama. La paridad se ha mantenido dentro de ±1% en la mayoría de las sesiones de negociación; la composición de las reservas y la cadencia de las atestaciones son los principales factores de su perfil de riesgo crediticio.

Anclado a
USD
Modelo de estabilización
Respaldada por fiat
Fuente de precio
defillama

Acerca de 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.

Cómo funcionan la emisión y redención

Tether customers who have undergone a verification process can exchange USD for USDT and redeem USDT for USD.

Emisor y atestación

Tether (USDT) is issued by Tether Holdings Limited, operating under British Virgin Islands (with operations in El Salvador). Originally launched in 2014.

Emisor
Tether Holdings Limited
Jurisdicción
British Virgin Islands (with operations in El Salvador)
Fundada
2014
Frecuencia de atestación
Quarterly
Firma de atestación / auditoría
BDO Italia (since 2022)

Composición de reservas

Reserves are primarily US Treasury bills, cash and cash equivalents, secured loans, corporate bonds, and other investments (including Bitcoin and precious metals).

Eventos notables de paridad

Tether settled with the New York Attorney General in 2021 and with the CFTC over historical reserve disclosure practices.

Informes de atestación de reservas

La información del emisor se recopila a partir de divulgaciones públicas, presentaciones regulatorias de NYDFS / BMA e informes de atestación de fuentes primarias. Verifica siempre directamente con el emisor antes de tomar decisiones.

Actividad reciente de suministro

Tether (USDT) supply expanded by 59,8 M US$ (+0.03%) in the last 24 hours, expanded by 202 M US$ (+0.11%) over the past week, and expanded by 314,3 M US$ (+0.17%) over the past 30 days.

Cambio 24h
+59,8 M US$
+0.03%
Cambio 7d
+202 M US$
+0.11%
Cambio 30d
+314,3 M US$
+0.17%

Steady issuance: supply has held roughly flat (0.17% over 30 days), consistent with mature stablecoin liquidity dynamics.

Historial de Suministro

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.

CadenaSuministroCuota24h Δ30d Δ
Tron83,9 mil M US$45.58%-1.76%+0.06%
Ethereum81 mil M US$43.98%+3.09%+1.41%
BSC8984,7 M US$4.88%+0.00%+0.00%
Solana2825,7 M US$1.53%-9.60%-5.04%
Plasma1185,6 M US$0.64%+1.74%-17.97%
Arbitrum920,4 M US$0.50%+2.63%-5.65%
Polygon891,9 M US$0.48%-0.39%-2.80%
Aptos769,5 M US$0.42%+1.32%-24.15%
Avalanche710,4 M US$0.39%-25.98%-16.57%
Mantle546,4 M US$0.30%+3.55%+43.70%
TON543,9 M US$0.30%-31.49%-25.89%
Ink236,7 M US$0.13%-0.94%+2.55%
OP Mainnet162,5 M US$0.09%-0.09%+5.98%
Hyperliquid L1158,7 M US$0.09%+0.93%+10.24%
Katana138,8 M US$0.08%-47.62%+465.38%
Celo131,9 M US$0.07%0.00%+10.01%
Kaia126,6 M US$0.07%-0.00%-7.29%
Kava110 M US$0.06%-0.01%+0.00%
Fantom83 M US$0.05%0.00%-0.00%
Omni80,1 M US$0.04%0.00%0.00%
Near64,6 M US$0.04%-0.00%-0.49%
Monad57,2 M US$0.03%+1.24%-59.57%
X Layer48,8 M US$0.03%+3.51%-1.52%
Berachain48,1 M US$0.03%+0.09%+71.09%
Tezos42,3 M US$0.02%0.00%0.00%
MegaETH41,4 M US$0.02%+1.57%-15.28%
Polkadot37 M US$0.02%0.00%-0.00%
Flare35,9 M US$0.02%-6.73%-27.64%
Unichain32,2 M US$0.02%-5.70%-14.15%
Mixin31,9 M US$0.02%0.00%0.00%
Stable24,9 M US$0.01%-0.50%-5.01%
Sui16,9 M US$0.01%-16.55%-34.54%
Injective15,2 M US$0.01%-1.13%-4.27%
Corn11,8 M US$0.01%0.00%-0.07%
Scroll10,2 M US$0.01%-8.01%-5.79%
OKExChain9 M US$0.00%0.00%0.00%
KCC8,8 M US$0.00%0.00%-0.03%
Linea8,7 M US$0.00%+0.40%-8.49%
Morph5,6 M US$0.00%+1.84%+24.67%
Sei5,3 M US$0.00%-12.89%-8.70%
Metis5 M US$0.00%-0.13%-17.15%
PulseChain4,5 M US$0.00%-2.95%-3.76%
NEO3,9 M US$0.00%0.00%0.00%
Manta3,8 M US$0.00%-0.00%-0.45%
Zilliqa3,8 M US$0.00%0.00%0.00%
StarkNet3,7 M US$0.00%+1.43%-28.69%
ICP3,2 M US$0.00%-2.64%-32.35%
zkSync Lite2,9 M US$0.00%-0.00%-0.11%
ZKsync Era2,8 M US$0.00%+0.00%-7.76%
Rootstock2,7 M US$0.00%-3.49%+8.35%
Movement2,3 M US$0.00%-1.50%-22.00%
EOS1,7 M US$0.00%0.00%0.00%
Core1,4 M US$0.00%-0.21%-1.02%
Aurora1,4 M US$0.00%+0.08%+0.81%
IoTeX1,1 M US$0.00%0.00%-5.14%
Gnosis1,1 M US$0.00%+1.14%-62.49%
Soneium909,5 mil US$0.00%-1.27%-7.05%
MultiversX858,1 mil US$0.00%-2.84%-8.24%
Algorand841,5 mil US$0.00%0.00%0.00%
Etherlink823,4 mil US$0.00%+4.93%-27.66%
Moonriver801,5 mil US$0.00%0.00%0.00%
Osmosis754,4 mil US$0.00%+0.30%-16.93%
EDU Chain749 mil US$0.00%0.00%+13.83%
Redbelly676,7 mil US$0.00%-0.04%-0.58%
ThunderCore605,4 mil US$0.00%+0.51%-1.53%
Stacks492,4 mil US$0.00%0.00%-3.90%
Wanchain479,2 mil US$0.00%+18.14%-11.88%
Hemi404,9 mil US$0.00%+0.04%+34.45%
Mode400,4 mil US$0.00%0.00%0.00%
Loopring362,6 mil US$0.00%-2.27%-10.87%
Canto349,5 mil US$0.00%+0.19%+0.19%
Oasis328,1 mil US$0.00%0.00%0.00%
Cardano316 mil US$0.00%+31.42%-56.13%
Bittorrent298,6 mil US$0.00%+0.13%+0.51%
Zircuit247,7 mil US$0.00%0.00%-11.02%
Kusama239,8 mil US$0.00%0.00%-0.10%
Statemine239,8 mil US$0.00%0.00%-0.10%
Moonbeam226,4 mil US$0.00%0.00%0.00%
Telos203,2 mil US$0.00%0.00%0.00%
Viction170,9 mil US$0.00%0.00%0.00%
Waves168,8 mil US$0.00%+2.60%-18.22%
Meter165,3 mil US$0.00%0.00%0.00%
Boba129,6 mil US$0.00%0.00%0.00%
Taiko123,7 mil US$0.00%0.00%+14.70%
Fuse65,5 mil US$0.00%0.00%0.00%
Immutable zkEVM61,2 mil US$0.00%-0.57%-2.80%
Mantra47 mil US$0.00%0.00%+570.81%
Syscoin44,6 mil US$0.00%0.00%0.00%
Dogechain34 mil US$0.00%0.00%0.00%
Plume Mainnet20,1 mil US$0.00%-0.23%-57.40%
EthereumClassic10,7 mil US$0.00%0.00%0.00%
Shiden9,9 mil US$0.00%0.00%0.00%
Evmos5,3 mil US$0.00%0.00%0.00%
REINetwork2,1 mil US$0.00%0.00%0.00%
Theta409 US$0.00%0.00%0.00%
SXnetwork100 US$0.00%0.00%0.00%
Arbitrum Nova18,8 US$0.00%0.00%0.00%

Historial de estabilidad del anclaje

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.

Precio actual
$1.0001
Desviación del peg
+0.013%
Banda de estabilidad
Estrecha (±0,1 %)

Cómo las stablecoins reserve-backed defienden su anclaje

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.

Implicaciones prácticas para los tenedores

  • 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.

Direcciones de contrato

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.

CadenaDirección del contratoVerificar
Ethereum0xdac17f958d2ee523a2206206994597c13d831ec7Explorador

Las direcciones de contrato provienen del perfil de stablecoins de DeFiLlama. Algunas cadenas (Tron, Solana, Aptos, Sui) usan formatos de dirección no EVM. El enlace "Explorador" abre el explorador de bloques oficial de la cadena correspondiente; no enlazamos a exploradores de terceros que puedan mostrar datos alterados.

Comparar Tether con otras stablecoins fiat-backed

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.

StablecoinSuministroMecanismoCadenas
USD Coin (USDC)79,6 mil M US$fiat-backed125
World Liberty Financial USD (USD1)4518,8 M US$fiat-backed8
PayPal USD (PYUSD)4088,7 M US$fiat-backed7
BlackRock USD (BUIDL)2542,3 M US$fiat-backed8
Circle USYC (USYC)2365,2 M US$fiat-backed2

Entre clases de mecanismos

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.

Estabilidad del Anclaje

Distribución por Cadena

Recursos y fuentes de datos

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.

Noticias recientes de Tether

Latest reporting from major crypto news outlets covering Tether.

Stablecoins relacionadas

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.

Aviso de Riesgo

Las stablecoins conllevan riesgos que incluyen la pérdida del anclaje, cambios regulatorios y riesgo de contraparte. Siempre diversifique y haga su propia investigación.