Compare
Normalised product comparison
Put products side by side. Issuers publish fees, yields and redemption terms in different formats, so every figure here has been converted to the same basis first. Rows are grouped into economics, liquidity, access and regulation, infrastructure, and how well sourced the data is.
Normalised comparison
As of 29 Aug 2026
Tether USD
USDT· Tether
Identity
Ticker
USDT
Issuer
Asset class
Stablecoin
Product structure
Payment Stablecoin
Underlying asset
US Treasuries, Reverse Repo, Cash
Launched
06 Oct 2014
Economics
Yield
0.00%
Yield basis
No yield
Expense ratio
0.00%
Yield net of fee
0.00%
AUM
$110.00B
19D AUM change
0.0%
NAV per token
1.0000 USD
Base currency
USD
Weighted average maturity
14d
Liquidity
Redemption frequency
Daily
Dealing cut-off
24/7 for verified accounts; banking hours for fiat settlement
Settlement
Same-day USD wire for accounts with direct issuer access
Redemption fee
0.10%
Secondary venues
Binance, Coinbase, Kraken, Uniswap, Curve
Access & regulation
Investor eligibility
RetailInstitutional
Minimum investment
$0
Available in
Global
Prohibited
US; CA
Issuer jurisdiction
Fund domicile
British Virgin Islands
Legal structure
BVI Professional Fund
Allow-list required
No
Transfer restrictions
Freely transferable. Issuer retains a freeze capability for lawful orders.
Infrastructure
Networks
6
Custodian
Administrator
Transfer agent
Tokenization platform
Oracle / attestation
bdo-italia
Data quality
Field coverage
100%
Documents verified
2/2
Primary source
Highlighted cells mark the most favourable value on rows where a single direction is unambiguously better (higher yield, lower fee, lower minimum, faster redemption, shorter maturity, greater scale, better coverage). Rows marked * carry a caveat: hover the label. Yields quoted on different bases are not directly comparable; product structure changes what you legally own. This is data, not a recommendation.