OCB — Trust Rating
USDT Trust Rating
Tether · Largest stablecoin by supply, pegged 1:1 to USD with monthly reserve attestations.
USDT (Tether) scores 58/100 on OnChain Benchmark's Stablecoin Quality Rating — Elevated Risk band — across four dimensions: reserve quality 6/25, redemption depth 24/25, transparency 13/25, and holder concentration withheld (not measurable to ground truth) (methodology v1.4-stablecoin, as of Aug 26, 2026).
Stablecoin Quality Rating
OCB — 01
USDT across four dimensions
Each dimension is scored out of 25, and the four add directly to the /100 composite — an equal-weight, plain sum. Last scored Aug 26, 2026 on methodology v1.4-stablecoin.
| Dimension | Score |
|---|---|
| Reserve Quality | 6 / 25 |
| Redemption Depth | 24 / 25 |
| Transparency | 13 / 25 |
| Holder Concentration | Not measured |
| CompositeΣ (score) | 58 / 100 |
Holder Concentration is withheld for this instrument. Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published. The composite reflects the three measured dimensions, renormalized.
OCB — 02
OCB Instrument
Outstanding supply
OCB — 03
OCB Instrument
Rating history
OCB — 04
Evidence behind the rating
A sample of the verified facts behind USDT's score. Each finding carries a confidence level; the full diligence trail is in the terminal.
- Disclosure Qualitycontract address95% confidence
Contract address verified on Solana: Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB (Solana deployment)
Address confirmed active onchain.
Verified Jun 13, 2026· instrument_deployments registry — chain_id 1101 - Disclosure Qualitycontract address95% confidence
Contract address verified on Ethereum: 0xdAC17F958D2ee523a2206206994597C13D831ec7 (primary deployment)
Address confirmed active onchain.
Verified Jun 13, 2026· instrument_deployments registry — chain_id 1 - Disclosure Qualitycontract address95% confidence
Contract address verified on Chain 1103: TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t (Chain 1103 deployment)
Address confirmed active onchain.
Verified Jun 13, 2026· instrument_deployments registry — chain_id 1103 - Disclosure Qualitycontract address95% confidence
Contract address verified on Avalanche: 0x9702230A8Ea53601f5cD2dc00fDBc13d4dF4A8c7 (Avalanche deployment)
Address confirmed active onchain.
Verified Jun 13, 2026· instrument_deployments registry — chain_id 43114 - Redemption Liquiditydata gap90% confidence
No redemption liquidity data available at time of scoring run.
This gap is re-checked on every scoring run and will close once verifiable data is available.
Verified Jun 13, 2026 - Holder Concentrationholder concentration snapshot90% confidence
Top-10 holders control 6.39% of supply (after excluding protocol-controlled addresses). Concentration track: retail_facing.
Holder snapshot refreshes on a rolling basis and may be up to 36 hours old.
Verified Jun 13, 2026· norm_concentration row observed 1d ago
OCB — 05
Key facts
- Issuer
- Tether
- Asset class
- Stablecoin
- Chains
- Ethereum · Avalanche · Solana · Tron · Aptos · TON
- Methodology
- v1.4-stablecoin
- Last scored
- Aug 26, 2026
- Rubric
- Stablecoin Quality Rating
Supply figure: Sum across Ethereum, Tron, Avalanche, Solana
The interactive terminal shows every verified fact behind USDT's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.