USDT
Tether USD
Tether's USD stablecoin — by far the largest by market cap and global trading-pair volume.
USDT is issued by Tether Limited (Hong Kong / BVI). Reserves are quarterly-attested by BDO; composition is majority Treasuries, with material balances in secured loans, gold, and Bitcoin (single-digit %). Tether is not MiCA EMT-registered and is not authorised for distribution in the EU. The dominant stable on Tron and across centralised exchanges.
See on StableLens
/stablecoins/USDT — live data, risk grade, and methodology citation.
Related terms
- TetherThe issuer of [[usdt]] — the largest stablecoin by market cap, and the most controversial by regulatory standing.
- AttestationA third-party accountant's signed statement that an issuer's reserve balances match disclosed amounts at a point in time.
- DepegA stablecoin trading materially away from its target price ($1 for USD-pegged stables) on a primary venue.