Tether
Tether is the most widely used stablecoin, pegged to the U.S. dollar and backed by a mix of reserves including cash, Treasuries, and other assets. It plays a central role in crypto trading by providing liquidity and a dollar-equivalent store of value. USDT is available across numerous blockchains like Ethereum, Tron, and Solana. While widely adopted, it has faced scrutiny over reserve transparency and regulatory compliance.
| Tether | |
|---|---|
| Symbol | USDT |
| Type | Fiat-backed |
| Collateralization Method | Cash & Treasury Reserves |
| Pegged To | USD |
| Issuer | Tether Ltd. |
| Blockchain Support | Ethereum, Tron, Omni, Solana |
| Market Cap Rank | 1 |
| Reserve Transparency | Low (Monthly Attestations) |
| Stability History | Generally Stable |
| Primary Use Cases | Trading, payments, cross-border transfers |
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