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USDT — Tether

Largest USD stablecoin by market cap, backed by a mix of T-bills, cash, secured loans, BTC and gold.

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Category
Single-Issuer Reserve Model
Regulatory regime
Offshore / Light-touch
Issuer
Tether Holdings
Region
Global (offshore)
Peg
USD

Blockchain protocols

TronEthereumSolanaTONAvalanche

Deep profile

How it works, revenue model and regulation breakdown for USDT — Tether are part of the Pro deep profile. Upgrade to read the full analysis on every tracked model.