Tether

Tether（USDT）是一种锚定 USD 的法币支持型稳定币，流通供应量为 US$1840.8亿，覆盖 107 条区块链网络。每一枚 USDT 由发行方持有的储备支持，平价 通过 defillama。当前 US$1840.8亿 的市值反映了实际流通的发行总量。

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

发行方信息汇编自公开披露、NYDFS / BMA 监管申报文件以及第一手证明报告。做决策前请始终直接向发行方核实。

Tether (USDT) supply expanded by US$5979.2万 (+0.03%) in the last 24 hours, expanded by US$2亿 (+0.11%) over the past week, and expanded by US$3.1亿 (+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.

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.

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.

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.

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.

合约地址来自 DeFiLlama 的稳定币资料。某些链（Tron、Solana、Aptos、Sui）使用非 EVM 地址格式。"区块浏览器"链接将打开相应链的官方区块浏览器；我们不会链接到可能显示已篡改数据的第三方浏览器。

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.

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.