USDT Stablecoin: Peg, Supply & Chains | Sharpe Terminal

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All stablecoins

Tether

USDT

Fiat-backedPegged USD99 chains

$183.86B

Market Cap

0.02%

24h supply Δ

Market Cap

$183.86B

Nov 2017 → Jul 2026

Chain Breakdown

99 chains

#	Chain	Supply	Share	Trend			Distribution
1	Tron	$89.65B	48.76%		+$1.86B	100.0%	x
2	Ethereum	$75.53B	41.08%		−$3.48B	100.0%	x
3	BSC	$9.18B	4.99%		+$55.01K	100.0%	x
4	Solana	$3.38B	1.84%		+$719.98M	70.9%	x
5	Aptos	$927.00M	0.50%		+$59.66M	100.0%	x
6	Arbitrum	$890.57M	0.48%		−$68.80M	74.1%	x
7	Polygon	$862.04M	0.47%		−$35.29M	100.0%	x
8	Plasma	$737.17M	0.40%		−$179.16M	100.0%	x
9	TON	$670.79M	0.36%		+$40.00M	100.0%	x
10	Mantle	$428.70M	0.23%		+$29.52M	100.0%	x
11	Avalanche	$332.59M	0.18%		−$40.01M	77.3%	x
12	Kaia	$218.53M	0.12%		+$59.84M	100.0%	x
13	OP Mainnet	$185.25M	0.10%		−$12.53M	63.0%	x
14	X Layer	$112.64M	0.06%		+$3.47M	100.0%	x
15	Hyperliquid L1	$111.69M	0.06%		−$43.53M	9.33%	x
16	Fantom	$82.96M	0.05%		−$2.00	100.0%	x
17	Omni	$80.04M	0.04%		flat	—	x
18	Celo	$78.92M	0.04%		flat	100.0%	x
19	Monad	$73.81M	0.04%		+$18.15M	9.00%	x
20	Ink	$67.34M	0.04%		+$619.04K	53.8%	x
21	Near	$64.53M	0.04%		−$41.79K	65.3%	x
22	Kava	$60.07M	0.03%		−$198.36K	100.0%	x
23	Tezos	$42.28M	0.02%		flat	100.0%	x
24	Berachain	$38.19M	0.02%		−$105.48K	76.4%	x
25	Polkadot	$37.00M	0.02%		flat	—	x
26	Mixin	$31.94M	0.02%		flat	41.5%	x
27	Stable	$26.97M	0.01%		+$7.50M	74.2%	x
28	Flare	$23.40M	0.01%		−$1.34M	21.1%	x
29	Conflux	$16.79M	0.01%		+$11.00M	100.0%	x
30	Tempo	$9.29M	0.01%		+$194.70K	36.7%	x
31	OKTChain	$8.79M	0.00%		flat	100.0%	x
32	KCC	$8.74M	0.00%		−$19.25K	100.0%	x
33	Sui	$8.63M	0.00%		−$6.54M	2.06%	x
34	Injective	$7.84M	0.00%		−$1.99M	86.3%	x
35	Linea	$7.61M	0.00%		−$235.87K	27.8%	x
36	Morph	$7.10M	0.00%		+$2.02M	74.5%	x
37	Unichain	$5.88M	0.00%		−$198.80K	22.2%	x
38	Katana	$4.58M	0.00%		−$5.02M	5.72%	x
39	PulseChain	$4.25M	0.00%		+$18.73K	7.70%	x
40	Scroll	$4.21M	0.00%		−$5.03K	36.1%	x
41	Starknet	$3.73M	0.00%		+$242.28K	2.17%	x
42	Manta	$2.65M	0.00%		−$2.08K	72.7%	x
43	Sei	$2.63M	0.00%		−$241.86K	6.28%	x
44	Rootstock	$2.49M	0.00%		+$45.18K	3.49%	x
45	ZKsync Era	$2.42M	0.00%		−$234.46K	17.1%	x
46	CORE	$2.23M	0.00%		−$572.11K	50.9%	x
47	MegaETH	$2.10M	0.00%		−$993.11K	4.52%	x
48	ICP	$1.88M	0.00%		−$440.23K	15.4%	x
49	Vaulta	$1.72M	0.00%		flat	5.74%	x
50	Metis	$1.71M	0.00%		−$8.00	59.5%	x
51	Movement	$1.54M	0.00%		−$449.14K	37.8%	x
52	Abstract	$1.40M	0.00%		−$246.75K	13.8%	x
53	Aurora	$1.32M	0.00%		−$36.10K	44.0%	x
54	IoTeX	$1.14M	0.00%		flat	100.0%	x
55	EDU Chain	$1.11M	0.00%		+$90.00K	100.0%	x
56	Gnosis	$857.64K	0.00%		+$105.35K	0.86%	x
57	Algorand	$841.35K	0.00%		flat	3.07%	x
58	Moonriver	$801.42K	0.00%		flat	60.4%	x
59	Redbelly	$729.90K	0.00%		−$321.00	100.0%	x
60	Osmosis	$702.24K	0.00%		+$26.73K	5.55%	x
61	Peaq	$694.69K	0.00%		+$35.59K	100.0%	x
62	Soneium	$680.48K	0.00%		+$5.09K	8.67%	x
63	MultiversX	$659.52K	0.00%		−$53.90K	7.23%	x
64	Etherlink	$538.61K	0.00%		−$9.77K	3.40%	x
65	Stacks	$448.65K	0.00%		−$10.00K	0.56%	x
66	Canto	$349.52K	0.00%		flat	10.1%	x
67	IOTA EVM	$348.31K	0.00%		−$7.33K	38.0%	x
68	Bittorrent	$332.27K	0.00%		−$744.00	100.0%	x
69	Oasis Emerald	$328.08K	0.00%		flat	100.0%	x
70	Mode	$303.66K	0.00%		−$96.68K	16.2%	x
71	ThunderCore	$301.76K	0.00%		+$1.05K	100.0%	x
72	Hemi	$263.56K	0.00%		−$8.10K	10.0%	x
73	Kusama	$239.75K	0.00%		flat	—	x
74	Statemine	$239.75K	0.00%		flat	—	x
75	Moonbeam	$222.51K	0.00%		−$568.00	32.4%	x
76	Wanchain	$218.01K	0.00%		−$217.87K	8.82%	x
77	Telos	$203.19K	0.00%		flat	7.76%	x
78	Gravity by Galxe	$201.04K	0.00%		−$63.12K	100.0%	x
79	Waves	$194.44K	0.00%		+$2.32K	2.96%	x
80	Viction	$170.83K	0.00%		flat	100.0%	x
81	Meter	$165.32K	0.00%		flat	56.0%	x
82	Zircuit	$130.76K	0.00%		−$4.27K	100.0%	x
83	Boba	$129.35K	0.00%		flat	6.37%	x
84	Harmony	$115.23K	0.00%		−$160.00	55.7%	x
85	Fuse	$65.47K	0.00%		flat	30.4%	x
86	Citrea	$63.71K	0.00%		−$546.00	1.13%	x
87	Cardano	$60.52K	0.00%		−$200.53K	0.10%	x
88	Immutable zkEVM	$58.91K	0.00%		−$13.00	0.54%	x
89	MANTRA	$48.10K	0.00%		flat	8.50%	x
90	Syscoin	$44.56K	0.00%		flat	—	x
91	XDC	$41.39K	0.00%		flat	2.01%	x
92	Taiko	$39.18K	0.00%		−$48.96K	17.2%	x
93	ApeChain	$37.50K	0.00%		flat	1.28%	x
94	Dogechain	$33.99K	0.00%		flat	8.75%	x
95	GOAT	$31.47K	0.00%		−$182.00	9.00%	x
96	Hedera	$29.93K	0.00%		−$43.59K	0.10%	x
97	Somnia	$23.83K	0.00%		−$461.00	3.32%	x
98	Plume Mainnet	$16.41K	0.00%		−$1.01K	0.14%	x
99	EthereumClassic	$10.68K	0.00%		flat	15.1%	x

Mint / Burn Flow (90d)

+$3.98B mints−$9.53B burnsnet -$5.55B

Bridge Flow (24h)

0 inferable · 53 mint/burn-dom

Chain	Chain Δ	Net Bridge Flow	Direction
Tron	-$87.00M	—	Burn-dom.
Ethereum	-$64.91M	—	Burn-dom.
BSC	-$2.04K	—	Burn-dom.
Solana	+$50.00M	—	Mint-dom.
Aptos	+$40.00M	—	Mint-dom.

Stats

Circulating$183.86B

Price$0.9989

Peg Δ0.11%

Chains99

MechanismFiat-backed

Top chainTron 49%

Best APYazuro · Polygon

How USDT is minted & redeemed

Tether customers who have undergone a verification process can exchange USD for USDT and redeem USDT for USD.

Supply flow

Net change0.02%

Net mint—

Net redeem−0.02%

USDT circulating supply was roughly flat over the last 24 hours.

About USDT

Launched in 2014, Tether tokens pioneered the stablecoin model. Tether tokens are pegged to real-world currencies on a 1-to-1 basis. This offers traders, merchants and funds a low volatility solution when exiting positions in the market.

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