Aller au contenu principal
Mantapex
Tether
USDTpeggedUSD
fiat-backed
Voir la Page de l'Actif
DeFiLlama peggedUSD Stable·1 $US·184,1 Md $US mcap·107 chains

Profil du Stablecoin

Tether (USDT) est un stablecoin adossé au fiat ancré à USD, avec 184,1 Md $US en offre en circulation sur 107 réseaux blockchain. Chaque USDT est adossé aux réserves détenues par l'émetteur, avec parité attestée via defillama. L'ancrage s'est maintenu dans une fourchette de ±1% sur la plupart des sessions de négociation, la composition des réserves et la cadence d'attestation étant les principaux facteurs de son profil de risque de crédit.

Ancré à
USD
Modèle de stabilisation
Adossé au fiat
Source de prix
defillama

À propos 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.

Comment fonctionnent l'émission et le rachat

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

Émetteur et attestation

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

Émetteur
Tether Holdings Limited
Juridiction
British Virgin Islands (with operations in El Salvador)
Fondée
2014
Fréquence d'attestation
Quarterly
Cabinet d'attestation / d'audit
BDO Italia (since 2022)

Composition des réserves

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

Événements notables d'ancrage

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

Rapports d'attestation des réserves

Les informations sur l'émetteur sont compilées à partir de divulgations publiques, de dépôts réglementaires NYDFS / BMA et de rapports d'attestation de source primaire. Vérifiez toujours directement auprès de l'émetteur avant toute décision.

Activité récente de l'offre

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.

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

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

Historique de l'Offre

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.

ChaîneOffrePart24h Δ30d Δ
Tron83,9 Md $US45.58%-1.76%+0.06%
Ethereum81 Md $US43.98%+3.09%+1.41%
BSC9 Md $US4.88%+0.00%+0.00%
Solana2,8 Md $US1.53%-9.60%-5.04%
Plasma1,2 Md $US0.64%+1.74%-17.97%
Arbitrum920,4 M $US0.50%+2.63%-5.65%
Polygon891,9 M $US0.48%-0.39%-2.80%
Aptos769,5 M $US0.42%+1.32%-24.15%
Avalanche710,4 M $US0.39%-25.98%-16.57%
Mantle546,4 M $US0.30%+3.55%+43.70%
TON543,9 M $US0.30%-31.49%-25.89%
Ink236,7 M $US0.13%-0.94%+2.55%
OP Mainnet162,5 M $US0.09%-0.09%+5.98%
Hyperliquid L1158,7 M $US0.09%+0.93%+10.24%
Katana138,8 M $US0.08%-47.62%+465.38%
Celo131,9 M $US0.07%0.00%+10.01%
Kaia126,6 M $US0.07%-0.00%-7.29%
Kava110 M $US0.06%-0.01%+0.00%
Fantom83 M $US0.05%0.00%-0.00%
Omni80,1 M $US0.04%0.00%0.00%
Near64,6 M $US0.04%-0.00%-0.49%
Monad57,2 M $US0.03%+1.24%-59.57%
X Layer48,8 M $US0.03%+3.51%-1.52%
Berachain48,1 M $US0.03%+0.09%+71.09%
Tezos42,3 M $US0.02%0.00%0.00%
MegaETH41,4 M $US0.02%+1.57%-15.28%
Polkadot37 M $US0.02%0.00%-0.00%
Flare35,9 M $US0.02%-6.73%-27.64%
Unichain32,2 M $US0.02%-5.70%-14.15%
Mixin31,9 M $US0.02%0.00%0.00%
Stable24,9 M $US0.01%-0.50%-5.01%
Sui16,9 M $US0.01%-16.55%-34.54%
Injective15,2 M $US0.01%-1.13%-4.27%
Corn11,8 M $US0.01%0.00%-0.07%
Scroll10,2 M $US0.01%-8.01%-5.79%
OKExChain9 M $US0.00%0.00%0.00%
KCC8,8 M $US0.00%0.00%-0.03%
Linea8,7 M $US0.00%+0.40%-8.49%
Morph5,6 M $US0.00%+1.84%+24.67%
Sei5,3 M $US0.00%-12.89%-8.70%
Metis5 M $US0.00%-0.13%-17.15%
PulseChain4,5 M $US0.00%-2.95%-3.76%
NEO3,9 M $US0.00%0.00%0.00%
Manta3,8 M $US0.00%-0.00%-0.45%
Zilliqa3,8 M $US0.00%0.00%0.00%
StarkNet3,7 M $US0.00%+1.43%-28.69%
ICP3,2 M $US0.00%-2.64%-32.35%
zkSync Lite2,9 M $US0.00%-0.00%-0.11%
ZKsync Era2,8 M $US0.00%+0.00%-7.76%
Rootstock2,7 M $US0.00%-3.49%+8.35%
Movement2,3 M $US0.00%-1.50%-22.00%
EOS1,7 M $US0.00%0.00%0.00%
Core1,4 M $US0.00%-0.21%-1.02%
Aurora1,4 M $US0.00%+0.08%+0.81%
IoTeX1,1 M $US0.00%0.00%-5.14%
Gnosis1,1 M $US0.00%+1.14%-62.49%
Soneium909,5 k $US0.00%-1.27%-7.05%
MultiversX858,1 k $US0.00%-2.84%-8.24%
Algorand841,5 k $US0.00%0.00%0.00%
Etherlink823,4 k $US0.00%+4.93%-27.66%
Moonriver801,5 k $US0.00%0.00%0.00%
Osmosis754,4 k $US0.00%+0.30%-16.93%
EDU Chain749 k $US0.00%0.00%+13.83%
Redbelly676,7 k $US0.00%-0.04%-0.58%
ThunderCore605,4 k $US0.00%+0.51%-1.53%
Stacks492,4 k $US0.00%0.00%-3.90%
Wanchain479,2 k $US0.00%+18.14%-11.88%
Hemi404,9 k $US0.00%+0.04%+34.45%
Mode400,4 k $US0.00%0.00%0.00%
Loopring362,6 k $US0.00%-2.27%-10.87%
Canto349,5 k $US0.00%+0.19%+0.19%
Oasis328,1 k $US0.00%0.00%0.00%
Cardano316 k $US0.00%+31.42%-56.13%
Bittorrent298,6 k $US0.00%+0.13%+0.51%
Zircuit247,7 k $US0.00%0.00%-11.02%
Kusama239,8 k $US0.00%0.00%-0.10%
Statemine239,8 k $US0.00%0.00%-0.10%
Moonbeam226,4 k $US0.00%0.00%0.00%
Telos203,2 k $US0.00%0.00%0.00%
Viction170,9 k $US0.00%0.00%0.00%
Waves168,8 k $US0.00%+2.60%-18.22%
Meter165,3 k $US0.00%0.00%0.00%
Boba129,6 k $US0.00%0.00%0.00%
Taiko123,7 k $US0.00%0.00%+14.70%
Fuse65,5 k $US0.00%0.00%0.00%
Immutable zkEVM61,2 k $US0.00%-0.57%-2.80%
Mantra47 k $US0.00%0.00%+570.81%
Syscoin44,6 k $US0.00%0.00%0.00%
Dogechain34 k $US0.00%0.00%0.00%
Plume Mainnet20,1 k $US0.00%-0.23%-57.40%
EthereumClassic10,7 k $US0.00%0.00%0.00%
Shiden9,9 k $US0.00%0.00%0.00%
Evmos5,3 k $US0.00%0.00%0.00%
REINetwork2,1 k $US0.00%0.00%0.00%
Theta409 $US0.00%0.00%0.00%
SXnetwork100 $US0.00%0.00%0.00%
Arbitrum Nova18,8 $US0.00%0.00%0.00%

Historique de stabilité de l'ancrage

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.

Prix actuel
$1.0001
Écart par rapport au peg
+0.013%
Bande de stabilité
Étroite (±0,1 %)

Comment les stablecoins reserve-backed défendent leur ancrage

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.

Implications pratiques pour les détenteurs

  • 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.

Adresses de contrat

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.

ChaîneAdresse du contratVérifier
Ethereum0xdac17f958d2ee523a2206206994597c13d831ec7Explorateur

Les adresses de contrat proviennent du profil stablecoin de DeFiLlama. Certaines chaînes (Tron, Solana, Aptos, Sui) utilisent des formats d'adresse non EVM. Le lien « Explorateur » ouvre l'explorateur de blocs officiel de la chaîne concernée ; nous ne renvoyons pas vers des explorateurs tiers susceptibles d'afficher des données modifiées.

Comparer Tether à d'autres 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.

StablecoinOffreMécanismeChaînes
USD Coin (USDC)79,6 Md $USfiat-backed125
World Liberty Financial USD (USD1)4,5 Md $USfiat-backed8
PayPal USD (PYUSD)4,1 Md $USfiat-backed7
BlackRock USD (BUIDL)2,5 Md $USfiat-backed8
Circle USYC (USYC)2,4 Md $USfiat-backed2

Entre les classes de mécanismes

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.

Stabilité du Peg

Distribution par Chaîne

Ressources et sources de données

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.

Actualités récentes sur Tether

Latest reporting from major crypto news outlets covering Tether.

Stablecoins associées

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.

Avertissement de Risque

Les stablecoins comportent des risques, notamment la dé-peggisation, les changements réglementaires et le risque de contrepartie. Diversifiez toujours et faites vos propres recherches.