Stability Matrix Explorer
Tether

Tether

Attested
British Virgin Islands
Official Ledger

Tether (USDT) is the first and most widely used stablecoin since 2014.

Total Circulating
$110.0B
Transparency Score
85/100
Audit Terminal
Last AttestationRecent
Issuer StructureFiat-Backed

Expert Verdict

Dominant market leader with long track record. Proven stability during numerous market cycles. Recent quarterly audits show significant growth and transparency improvement.
Strength Points

Deep market penetration and multi-chain liquidity depth.

Risk Vectors

Centralization risk and potential regulatory gray zones in specific jurisdictions.

Network Exposure

Ethereum65%
Tron / Base / L235%