Tether USD
Largest stablecoin by supply, pegged 1:1 to USD with monthly reserve attestations.
Deployments
Supply scope: Sum across Ethereum, Tron, Avalanche, Solana
0xdAC17F958D2ee523a2206206994597C13D831ec7
0x9702230A8Ea53601f5cD2dc00fDBc13d4dF4A8c7
Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB
TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t
0x357b0b74bc833e95a115ad22604854d6b0fca151cecd94111770e5d6ffc9dc2b
EQCxE6mUtQJKFnGfaROTKOt1lZbDiiX1kCixRv7Nw2Id_sDs
USDT across four dimensions
Holder Concentration is not published for this instrument — its holder base is too large or too widely distributed to measure to ground truth. The composite reflects the three measured dimensions, renormalized.
Signal readings
- Top-10 holder pct
- Withheld
Custody & backing fields are descriptive — published, not scored
USDT supply over time
Supply scope: Sum across Ethereum, Tron, Avalanche, Solana
USDT · Tether
Outstanding supply (USD)
USDT outstanding supply is $190.89B as of Aug 25, 2026. +0.2% over the prior 30 days. (Sum across Ethereum, Tron, Avalanche, Solana.)
USDT trust rating since coverage began
USDT · Stablecoin Quality Rating
Composite rating (0–100)
USDT rating is 58 as of Aug 26, 2026. -5 points over the prior 30 days.
What closes the gap — and who closes it
gap:liquidity
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.
Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB
Contract address verified on Solana: Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB (Solana deployment)
Address confirmed active onchain.
Score impact: Confirms onchain existence; feeds custody_verification sub-signal
Contract address verified on Ethereum: (primary deployment)
Address confirmed active onchain.
Score impact: Confirms onchain existence; feeds custody_verification sub-signal
TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t
Contract address verified on Chain 1103: TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t (Chain 1103 deployment)
Address confirmed active onchain.
Score impact: Confirms onchain existence; feeds custody_verification sub-signal
Contract address verified on Avalanche: (Avalanche deployment)
Address confirmed active onchain.
Score impact: Confirms onchain existence; feeds custody_verification sub-signal
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.
Score impact: Top-10 at 6.39% feeds holder_concentration sub-signal
USDT is scored across the same four dimensions as every other rated instrument in its class — Reserve Quality, Redemption Depth, Holder Concentration, and Transparency. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.
Read the full methodology →