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Assets · Stablecoin · issued by Tether

Tether USDt (USDT)Updated 18 Oct 2026

Tether's US dollar stablecoin, the largest by supply. Tether treats tokens on every supported chain as interchangeable one for one.

Asset sources[1][2][3] · ERC-20[1]

~$177bnSupply, 7 Nov 2026
33Networks
USDTIssued by
2Also used by

Issued through Tether USDt (USDT) Live (scaled)

Classification · medium confidence

Legal form
Stablecoin from economic tests
Underlying
Government debt · Government debt, Money, Commodities, Crypto assets, Private credit, Other
Value behaviour
Stable value · no income
Ledger role
Native

Primary kept from the v2 simulation: Tether's quarterly attestations put most reserves in US T-bills, Treasury reverse repo and MMFs, with gold, bitcoin, secured loans and other investments. The current category weights were not captured: the transparency page and its JSON feed give only totals ($188.4bn assets, $182.9bn liabilities in October 2026), and the Q3 2026 BDO attestation was not found.

Sourced[2]. How assets are classified: methodology.

Contracts

Addresses as published by the issuer. Check them on the explorer before relying on them. Supply per network comes from the issuing deployment's on-chain figures.

NetworkAddressStandardSupply hereSource
TRONTR7NHqje…gjLj6t ↗TRC-20~$92.3bn[1]
Ethereum0xdac17f…831ec7 ↗ERC-20~$67.66bn[1]
SolanaEs9vMFrz…enwNYB ↗SPL~$2.44bn[1]
Plasmabridged0xB8CE59…625ebb ↗ERC-20~$888.77m[3]
Arbitrumbridged0xFd086b…9FCbb9 ↗ERC-20~$812.73m[3]
Polygonbridged0xc2132D…B58e8F ↗ERC-20~$776.39m[3]
TONEQCxE6mU…Id_sDs ↗Jetton~$500.79m[1]
Mantlebridged0x779Ded…713736 ↗ERC-20~$438.05m[3]
Avalanche0x970223…f4a8c7 ↗ERC-20~$386.18m[1]
Aptos0x357b0b…c9dc2b ↗Aptos fungible asset~$356.95m[1]
Optimismbridged0x01bFF4…bC1071 ↗ERC-20~$194.79m[3]
Kaia0xd077a4…3e4fdb ↗ERC-20~$187.97m[1]
X Layerbridged0x779Ded…713736 ↗ERC-20~$130.97m[3]
Celo0x48065f…483D5e ↗ERC-20~$83.92m[1]
Hyperliquidbridged0xB8CE59…625ebbERC-20~$56.74m[3]
Inkbridged0x0200C2…8470c1 ↗ERC-20~$46.43m[3]
NEAR Protocolusdt.tet…n.near ↗NEP-141~$39.45m[1]
Monadbridged0xe7cd86…0fC82D ↗ERC-20~$35.09m[3]
Liquid Networkce091c99…a37bd2 ↗Liquid issued asset~$33.71m[1]
Kava0x919C1c…69109c ↗ERC-20~$30.16m[1]
Tempobridged0x20C000…01EB73 ↗ERC-20~$8.14m[3]
Seibridged0x915143…60EcC5 ↗ERC-20~$1.51m[3]
Hederabridged0x000000…9Ce723HTS token~$33,172[3]
Berachainbridged0x779Ded…713736 ↗ERC-20—[3]
Stablebridged0x779Ded…713736 ↗ERC-20—[3]
StellarbridgedCBSJZEIO…4R26YF ↗Stellar contract—[3]
Unichainbridged0x915143…60EcC5 ↗ERC-20—[3]
Morphbridged0xe7cd86…0fC82D ↗ERC-20—[3]
MegaETHbridged0xb8ce59…625ebb ↗ERC-20—[3]
Rootstockbridged0x779dED…713736 ↗ERC-20—[3]
Flarebridged0xe7cd86…0fC82D ↗ERC-20—[3]
Conflux eSpacebridged0xaf37E8…0847ff ↗ERC-20—[3]
IOTAbridged0x25afea…:USDT0 ↗IOTA Move coin—[3]

Settles in USDT

Sources

  1. [1]Supported Protocols and Integration Guidelines — Tether. Accessed 15 Oct 2026.B
  2. [2]Tether transparency — Tether. Accessed 11 Oct 2026.B
  3. [3]Contract Deployments | USDT0 Docs — USDT0. Accessed 18 Oct 2026. Operator's docs, not Tether's. Lists USDT0 token and OFT addresses on 24 networks; only networks already on the tether-usdt deployment are recorded here..B
  4. [4]Bitfinex Securities to Recommence Tokenised Bond Issuances from ALTERNATIVE — Bitfinex, 2 Mar 2026. Accessed 15 Oct 2026.B
  5. [5]Earning with syrupUSDC/USDT/USDG | Maple — Maple Finance. Accessed 17 Oct 2026.B

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