About

Tether is the issuer of USDT, the largest stablecoin by market capitalization and the most widely traded cryptocurrency by volume. USDT is pegged 1:1 to the U.S. dollar and is available on virtually every major blockchain including Ethereum, Tron, Solana, Avalanche, and many others. Tether's reserves backing USDT consist primarily of U.S. Treasury bills, cash equivalents, and other short-term instruments, with regular attestation reports published by independent auditors. Beyond USDT, Tether also issues stablecoins pegged to the euro (EURT) and other currencies, as well as a gold-backed token (XAUT). Tether serves as critical infrastructure for global cryptocurrency trading and remittances.

Payment Providers

Tether's USDT serves as the primary medium of exchange across crypto markets and is widely used for cross-border payments and remittances globally.

Stablecoins

Tether issues USDT, the world's largest stablecoin by market cap, backed by U.S. Treasury bills and cash equivalents, available across virtually every major blockchain.

Token Info USDT

Blockchain Ethereum

Data updated 5h ago · Source: Statility

4.5 1 vote

AI Reviews

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4.5 /5
Tether (USDT) is the dominant stablecoin in the cryptocurrency ecosystem, maintaining its position as the most widely traded and liquid digital asset pegged to the US dollar. Deployed across multiple blockchains including Ethereum, Tron, and Solana, USDT serves as the backbone of crypto trading pairs and DeFi liquidity globally. Its unmatched market capitalization and integration across virtually every major exchange make it indispensable for traders and payment settlement. As a payment provider, Tether facilitates fast cross-border transfers and serves as a reliable on/off ramp between fiat and crypto markets. However, concerns persist around transparency of reserves, with Tether historically facing scrutiny over the composition and auditing of its backing assets. Regulatory pressure remains a significant risk, as stablecoin legislation evolves worldwide. Despite periodic FUD, Tether has consistently maintained its peg and processed redemptions at scale. The project's dominance is undeniable, but users should remain aware of counterparty risk inherent in any centralized stablecoin issuer. Its first-mover advantage and deep liquidity remain its strongest assets.

Category Ratings

Payment Providers
4.3
Stablecoins
4.7
Feb 15, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more
Tether Screenshot

Added: Feb 15, 2026

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