Overview
USDT (USD₮) is the tether-issued USD-pegged stablecoin and the largest by market share (>60% as of Q2 2026 attestation).
Recent Developments
- 2026-06-30 (attested): Circulation ~446M QoQ) despite broader stablecoin market contraction (2026-08-01-tether-q2-2026-official-attestation)
- Backed by Tether reserves (Treasuries, repo, gold, bitcoin, etc.) with $4.11B excess buffer at quarter end