← Back to Discover
Tether USD

USDT

Stablecoin
Tether USD

Spot Price (USD)

via DexScreener

Price (last 7 days)

Swap on Neko

Overview

USDT is the most widely used dollar stablecoin globally, issued by Tether Limited. Each token is intended to be backed 1:1 by reserves consisting primarily of US Treasury bills, cash equivalents, and other liquid assets. On Solana, USDT provides deep cross-exchange liquidity and is widely used as a quote asset in trading and lending markets.

Highlights

  • Largest stablecoin by circulating supply across all blockchains
  • Reserves dominated by US Treasury bills per Tether's quarterly attestations
  • Deep liquidity on Solana DEXs and across centralized exchanges
  • Universally accepted quote asset for trading and settlement

What is a stablecoin?

A stablecoin is a token designed to track the value of a reference currency such as the US dollar or the euro. Issuers hold reserves (cash, short-term government debt, or other safe instruments) so that each token can be redeemed 1:1, giving holders price stability with the speed and global reach of blockchain settlement.

Details

SymbolUSDT
NameTether USD
ClassStablecoin
PegUSD
IssuerTether
Yield bearingNo
Price sourceDexScreener
Mint