- Circulating supply
- $110.00B
- 1D change
- 0.0%
- Yield
- None
- NAV
- 1.0000
- Expense ratio
- 0.00%
- Minimum
- $0
- Redemption
- Daily
- Launched
- 06 Oct 2014
Depends on
Field coverage 92%Primary-source or on-chain verified 100% of tracked metrics2/2 source documents analyst-verifiedLast reconciled 03 Oct 2026
Overview
What this product is
The largest stablecoin by market capitalization and trading volume globally, issued by Tether Limited.
- Underlying asset
- US Treasuries, Reverse Repo, Cash
- Asset class
- Stablecoin
- Product structure
- Payment Stablecoin
- Legal structure
- BVI Professional Fund
- Issuer jurisdiction
- Fund domicile
- British Virgin Islands
- Base currency
- USD
- Launched
- 06 Oct 2014
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
Issuer
Who runs it
Tether LimitedHong Kong
The issuer of USDT, the largest fiat-backed stablecoin in the digital asset space.
Portfolio
Composition
- US Treasury Bills76.4%
- Overnight Reverse Repurchase Agreements10.8%
- Cash & Bank Deposits1.1%
- Other Investments (Bitcoin, Precious Metals, Secured Loans)11.7%