Issuer of USDT, the largest stablecoin. ~$184B market cap. #3 crypto overall. 15+ chains.
Overview
Ticker
USDT
Backing type
Fiat-backed
Market cap
$140B+
Peg currency
USD
Issuer
Tether Holdings
Auditor
BDO Italia
Yield rate
—
Launch year
2014
Reserves
US Treasuries, cash & cash equivalents, secured loans, precious metals, Bitcoin
Supported Chains
EthereumTronSolanaAvalanchePolygonArbitrumOptimismBSCNearCosmosTON
Regulatory
MiCA compliant
No
Jurisdiction
British Virgin Islands
El Salvador DASP
Features
Programmable—
Rebaseable—
Permissioned—
Cross-chain✓
DeFi integrated✓
Institutional grade—
Use Cases
Trading pair liquidityCross-border remittancesStore of value in emerging marketsOTC settlement