USDT vs USDS: Supply, Peg & Chains | Sharpe Terminal

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TetherUSDT

Fiat-backedPegged USD

Supply

$183.28B

30d

+0.15%

Chains

92

Sky DollarUSDS

Crypto-backedPegged USD

Supply

$6.57B

30d

-2.30%

Chains

4

Comparison Matrix

Live supply metrics normalized side by side.

Metric	USDT	USDS	Δ
Supply at Peg	$183.28B	$6.57B	+2691.0%
24h Supply	+0.00%	+0.79%	-0.79pp
30d Supply	+0.15%	-2.30%	+2.45pp
Chain Count	92	4	+88

Supply Over Time

USDT vs USDS, USD circulating.

USDT top chains

Chain	Supply	Share
Tron	$92.52B	x 50.5%
Ethereum	$73.72B	x 40.2%
BSC	$9.18B	x 5.0%
Solana	$2.12B	x 1.1%
Arbitrum	$827.39M	x 0.5%
Polygon	$744.82M	x 0.4%

USDS top chains

Chain	Supply	Share
Ethereum	$6.46B	x 98.4%
Arbitrum	$99.77M	x 1.5%
Solana	$6.57M	x 0.1%
Base	$2.70M	x 0.0%