Coins Wiki: USDT

Learn about USDT, a stablecoin tied to the US Dollar, and its issuer, Tether.

Token name






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Summary of Token

USDT (Tether) is a stablecoin pegged to the US dollar. It maintains a 1:1 value ratio, providing stability amidst crypto volatility. 

Circulating Supply

110 Billion USDT (As of 04.24.2024)

Contract Address

See the contact address of each blockchain here:


Available on 15+ Blockchain Networks
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Year in-corporated


History of Tether

Founded in 2014 by a team passionate about the transformative power of technology, Tether began as a simple yet revolutionary idea: to enable seamless arbitrage between crypto exchanges with USD₮, overcoming the banking system's inefficiencies.

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What is Tether’s mission?

With a mission to provide accessible, secure, and efficient financial, communication, and energy infrastructure, Tether enables greater financial inclusion, communication resilience, fosters economic growth, and empowers individuals and businesses alike.

What is $USDT? What are its use cases?

All USD₮ tokens are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether’s reserves.

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They're a low volatility solution for traders, merchants and everyday people alike.

What sets $USDT apart from other stablecoins?

USDT is the original & world’s largest stablecoin by market cap. USDT is the defacto most available trading pair against most large cryptocurrencies and fiat currencies.

It’s all in the numbers:

What can we expect from Tether this 2024 and beyond?

From pioneering the world’s most trusted stablecoin to championing financial and communicative autonomy, our story is far from complete. Inspired by the principle of individual sovereignty and fuelled by a deep belief in technology's potential, Tether is dedicated to fostering innovation that empowers people everywhere.

It led us to explore and innovate in other critical areas such as Bitcoin mining, P2P communications, education, and AI.

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