tether02
$usdt
MCAP183.92B
-0.01%

what's tether?

Tether is a leading stablecoin issuer, primarily known for its USDT token, which is pegged 1:1 to the US dollar to provide price stability in the volatile cryptocurrency market. Launched in 2014, Tether operates as a digital asset backed by reserves including cash, cash equivalents, and other assets, enabling seamless transfers and trading on various blockchains like Ethereum, Tron, and Bitcoin. The project aims to bridge traditional finance and crypto by offering a reliable medium of exchange, liquidity for exchanges, and a hedge against volatility. Tether publishes transparency reports on its reserves and supports multiple fiat-pegged tokens, including those for the Mexican peso, offshore Chinese yuan, and gold. It has faced scrutiny over reserve backing but remains the most widely used stablecoin globally, facilitating billions in daily transactions.

Snapshot

Tether integrated into MegaETH oracle, discussed stablecoin regs, Solana supply crossed $3B, made investments.

contract

ethereum

aptos

tron

near-protocol

kava

celo

the-open-network

avalanche

solana

41MIN ago
TOKEN ECONOMICS

Holds over $122 billion in U.S. Treasury bills, representing 83.11% of reserves and surpassing Germany's holdings.

TECH EVENT

Launched GENIUS Act-compliant USAT stablecoin.

2H ago
TEAM UPDATE

Bo Hines now leads Tether's U.S. arm.

4H ago
OPINION SPECULATION

Expects to become a top-10 buyer of U.S. Treasury bills in 2026, according to head of U.S. operations Bo Hines.

7H ago
TEAM UPDATE

Lost Simon as an investor in the company.

12H ago
TECH EVENT

USDT0 connects unified USDT liquidity from 18+ chains to Morph's payment-optimized settlement layer, enabling omnichain USDT liquidity on Morph.

1D ago
VISIBILITY EVENT

Featured in a $20k USDT trading sprint event on cubexch running from February 10, 2026 at 21:00 UTC to February 12, 2026 at 21:00 UTC.

ONCHAIN METRICS

Reached 550 million users worldwide.

ONCHAIN METRICS

Facilitated $70 billion in cross-chain value transfers for USDt0 through LayerZero protocol in under a year.

PARTNERSHIP

Integrated LayerZero technology into Wallet Development Kit (WDK) core. Invested equity in LayerZero Labs and partnered with LayerZero Labs' Zero blockchain as a launch partner.

VISIBILITY EVENT

USDT is mentioned alongside USDC as a default unit of account for machine-to-machine payments in autonomous agent economies, enabling agents to bridge, swap, and route value autonomously through intents.

ONCHAIN METRICS

Has approximately $90 billion USDT supply on Tron network, representing half of USDT's total $180 billion market cap.

TOKEN ECONOMICS

Burned 3.5 billion USDT following redemptions on February 10, 2026.

WHALE ACTIVITY

Transferred $3.5B USDT to Bitfinex exchange.

ONCHAIN METRICS

USDT supply on Aave V3 Ethereum reaches $6B with lending APR at 1.87%.

2D ago
ONCHAIN METRICS

Supply rate on Ethereum mainnet dropped to 1.81% as borrowing demand decreased.

ONCHAIN METRICS

Supply rate on Plasma reached 3.5% as borrowing demand increased.

MARKET ACTIVITY

Received $305 million in USDT from Cango Inc.'s sale of 4,451 BTC to partially repay a Bitcoin-collateralized loan.

MARKET ACTIVITY

Added as a perpetual futures trading pair on Kraken Futures for EEA traders as of February 9, 2026.

MARKET ACTIVITY

Used as settlement currency for US stock futures trading product that operates 24/7, launched in 2026.

FINANCIAL EVENT

Reported $10 billion in profit during the first nine months of 2025 from USDT operations.

ONCHAIN METRICS

Generated the highest 7-day fees among all crypto entities, surpassing USDC, AAVE, HYPE, and JUP.

TOKEN ECONOMICS

Minted 2 billion USDT on Tron during the week ending February 9, 2026.

TOKEN ECONOMICS

Holds 148 tonnes of physical gold worth $23 billion as of January 2026, backing USDT and XAUT, ranking among the top 30 global gold holders according to Jefferies, exceeding reserves of Australia, UAE, Qatar, South Korea, and Greece, and is a largest tokenized gold issuer.

ONCHAIN METRICS

Gold reserves reached $23 billion according to Jefferies analysis.

3D ago
FINANCIAL EVENT

Invested $250M in combined gold and equity during the week ending February 9, 2026.

MARKET ACTIVITY

Listed XAUT (Tether Gold) on Rollbit exchange.

ONCHAIN METRICS

Holds 84.8% stablecoin market share with Circle as of February 8, 2026, as the leading settlement rail for stablecoin activity across DeFi based on USDT dominance.

ONCHAIN METRICS

Market capitalization growth turned negative as USDT supply entered a downtrend in 2026, the first decline since Q1 2025.

ONCHAIN METRICS

Led stablecoins by volume and transaction count on Rango Exchange in January 2026.

VISIBILITY EVENT

Tether CEO Paolo Ardoino participates in a discussion about the future of finance and stablecoins alongside other industry figures.

UNCATEGORIZED

Deployed profits into 140 investments spanning sectors including agriculture and sports.

TEAM UPDATE

Appointed Simon McWilliams as CFO, centralizing finance and operations in London and strengthening governance.

UNCATEGORIZED

Employs 300 staff, plans to hire 150 additional employees over 18 months to reach 450 headcount by August 2027.

REGULATORY

Froze $544M USDT linked to illegal gambling and money laundering with Turkish authorities in an illegal betting investigation.

5D ago
PARTNERSHIP

Integrated into MegaETH's native oracle for just-in-time updates alongside USDM and cUSD, with speculation of a revenue share agreement.

REGULATORY

Attended White House meetings on February 2, 2026, and February 10, 2026, alongside Coinbase, Kraken, Ripple, Paxos, BoA, JPMorgan, Wells Fargo, and Circle to discuss stablecoin yields and rewards regulations, the CLARITY Act, and US stablecoin regulatory framework.

ONCHAIN METRICS

Supply on Solana crossed $3 billion for the first time on February 5, 2026.

PARTNERSHIP

Invested in t-0 Network, a USDT-powered settlement platform for cross-border payments, enabling faster, lower-cost stablecoin transactions for merchants and consumers.

FINANCIAL EVENT

Acquired 12% stake in Gold.com for $150M.

ONCHAIN METRICS

User USDT holdings on Bybit reached approximately 6.226 billion USDT as of January 27, 2026, representing a 2.88% increase from the previous snapshot on December 17, 2025.

6D ago
OPINION SPECULATION

Reduced printing activity over the last several months amid federal scrutiny, according to market speculation about regulatory pressure impacting liquidity provision.

REGULATORY

Brazilian congressional committee approved Bill 4,308/2024 which places compliance and risk-management obligations on exchanges offering USDT and requires all stablecoins to be fully backed by segregated reserves.

OPINION SPECULATION

Briefly lost peg to $0.9980, the lowest level in over 5 years, following Brock Pierce surfacing in Epstein files.

OPINION SPECULATION

Experienced past depeg events due to limited bank withdrawal throughput for redemptions, not structural issues, when becoming a major stablecoin for crypto exchanges.

ONCHAIN METRICS

Posts record user growth in Q4 2025 despite crypto market shock.

1W ago
TOKEN ECONOMICS

Minted 1,000,000,000 USDT on Tron on February 4, 2026.

VISIBILITY EVENT

Supported as a borrowable or collateral asset in Chainflip Lending, which launched on 2026-02-04.

FINANCIAL EVENT

Scaled back planned fundraising from $15-20 billion to as small as $5 billion after investor pushback over a $500 billion valuation.

ONCHAIN METRICS

Has a velocity of 3x per month, meaning the total supply circulates 3 times in 30 days.

PARTNERSHIP

Integrated with KoloHub crypto wallet and card platform to enable TRC-20 USDT payments to Kolo cards with near-real-time settlement on the TRON network.

MARKET ACTIVITY

Launched a US subsidiary in 2025.

TOKEN ECONOMICS

USDT supply grew by over $50B in 2025, marking the second largest annual issuance, with market cap reaching $185B from $140B a year earlier.

TECH EVENT

Released MiningOS, an open source operating system for Bitcoin miners that is modular, scalable, and extensible.

ONCHAIN METRICS

Ranks as the second largest state growth contributor on Ethereum, approximately 10x smaller than XEN.

ONCHAIN METRICS

Reached 7 million phone-verified USDT wallets on MiniPay as of December 2025, with 300,000 unique USDT buyers in December 2025, representing a 33% month-over-month increase.

REGULATORY

Involved in a U.S. criminal case where a Chinese national was sentenced to 46 months in prison for laundering $36.9 million through USDT from a crypto investment scam targeting 174 U.S. victims, with funds funneled to scam centers in Cambodia.

WHALE ACTIVITY

Trend Research withdrew 77.5 million USDT over a 20-hour period ending February 2, 2026 to repay debt on Aave.

VISIBILITY EVENT

Mentioned as a currency used for collateral on Binance alongside USDC, in the context of a campaign offering 12% APY on USDe that began on 2025-09-22.

FINANCIAL EVENT

Profits declined 23% year-over-year.

MARKET ACTIVITY

Was used as collateral for borrowing USDT on Binance, enabling a leverage loop where users recursively bought more USDT with borrowed USDT, inflating returns to over 70% before the October 10th market collapse.

ONCHAIN METRICS

Settled approximately $46 trillion annually in stablecoin transactions.

FINANCIAL EVENT

Holds $137 billion in US Treasury holdings, ranking as the 17th largest holder of US debt.

FINANCIAL EVENT

Maintains $6.3 billion in excess reserves on top of 100% reserves backing all issued tokens as of December 31, 2025.

ONCHAIN METRICS

Approximately 60-74% of USDT transfers on TRON are under $1,000 during Asia and Americas hours, driven by P2P payments and remittances.

VISIBILITY EVENT

XAUT (Tether Gold) appeared in MetaMask's top 5 most swapped tokens for the week ending January 30, 2026.

VISIBILITY EVENT

Tether (USDT) is accepted as one of the payment options for Gateway 2026 tickets through a partnership between TON blockchain and Moongate, with payments processed on the TON network.

ONCHAIN METRICS

Reached $84.65 billion USDT circulating supply on TRON, representing 45.87% of total USDT market supply.

ONCHAIN METRICS

Reached $65.9B+ in stablecoin volume on Celo network by 2025, with gas fees as low as $0.0001 payable in USDT.

MARKET ACTIVITY

Bridged USDT is available on Henesys L1 for trading against NXPC via Henesys DEX.

2W ago
VISIBILITY EVENT

Paolo stated the company will become a "gold central bank" and continue stockpiling gold.

PARTNERSHIP

CEO publicly endorsed Dreamcash, a protocol offering USDT-collateralized RWAs on Hyperliquid.

TECH EVENT

Launched USA₮ (USAT), a federally regulated, dollar-backed stablecoin for the U.S. market under the GENIUS Act framework, issued by Anchorage Digital Bank with Cantor Fitzgerald as reserve custodian.

FINANCIAL EVENT

Released Q4 2025 attestation for Tether Gold.

PARTNERSHIP

Integrated as an incentive reward token for vlEGP staking on Eigenpie protocol.

PARTNERSHIP

Integrated as a reward currency option (earning 1% back on purchases) in the CL Card program alongside BTC.

MARKET ACTIVITY

Enabled instant global money transfers using USDC or USDT through the SEI Market Infrastructure Grids (MIG) platform.

MARKET ACTIVITY

Lending rate on Bitfinex dropped to 4.37% as of January 26, 2026.

VISIBILITY EVENT

Featured in Crypto.com's second USDT DeFi Yield Accelerator promotion ending on 2026-01-26, offering a 10% p.a. rewards boost to the first 10,000 users who allocate $100+ USDT to DeFi Yield and maintain their stake for at least 30 days.

ONCHAIN METRICS

Generated $7.4 billion in revenues during 2025.

ONCHAIN METRICS

Holds 61% market share of the stablecoin sector, which reached an all-time high total supply of $307.2 billion.

ONCHAIN METRICS

Maintains supply at $187 billion.

3W ago
ONCHAIN METRICS

Accounted for 16.6% of crypto payment volume in 2025, ranking second after Bitcoin according to CoinGate payment data.

MARKET ACTIVITY

Borrowed as part of $193 million in stablecoins (including DAI, USDT, USDS) by the "7 Siblings" whale group from Spark protocol to purchase ETH during market dips in October-November 2025.

ONCHAIN METRICS

USDT on Polygon has over $1.3 billion in onchain liquidity and is held by more than 6 million wallets.

TOKEN ECONOMICS

Minted $1.5B in USDT within a 3-hour period on 2026-01-20.

RISK ALERT

A wallet lost over $3M in XAUt (Tether Gold) through a malicious contract approval attack executed across consecutive blocks.

ONCHAIN METRICS

Tether Gold (XAUT) reached $2.47B TVL, a new all-time high.

TOKEN ECONOMICS

Burned 3,000,000,000 USDT at Tether Treasury on January 20, 2026.

MARKET ACTIVITY

Experienced a 40% decline in USDT/bolívar pricing on Binance P2P in Venezuela from around 880 bolívars to near 500 bolívars between January 7 and January 20, 2026, attributed to expectations of economic rebound and improved FX liquidity rather than issues with USDT itself.

MARKET ACTIVITY

XAUT (Tether Gold) is now available on Mantle network, enabling trading and transfers on that chain via Bybit.

PARTNERSHIP

Partnered with Bitqik to provide Bitcoin and stablecoin education in Laos throughout 2026, aiming to educate over 10,000 people through online materials and quarterly in-person events.

RISK ALERT

A $509K USDT address poisoning attack occurred on January 16, 2026, where a victim mistakenly sent funds to a scammer's address (0xe842....f3e6F) instead of the intended address (0xe842....D3E6F).

PARTNERSHIP

USDT is integrated into Generic Protocol's GUSD stablecoin as one of the underlying collateral assets, alongside USDC and USDS, with yield routing powered by Morpho.

MARKET ACTIVITY

Launching on HIP-3 protocol, adding a new deployment location and introducing competition among quote assets.

VISIBILITY EVENT

Listed as one of the native trading pairs available on Uniswap's deployment on X Layer.

MARKET ACTIVITY

USDT0 vault went live on Summer Finance as one of their first two Hyperliquid vaults.

1M ago
VISIBILITY EVENT

Included in Grayscale's Assets Under Consideration list for Q1 of 2026.

MARKET ACTIVITY

Merkl incentives launched for USDT/VCHF pair on Celo offering 11.21% APR.

VISIBILITY EVENT

Discussed in Pantera Capital's Stateful podcast episode as a topic regarding potential market cap dynamics with Ethereum.