USDT Stablecoin: Peg, Supply & Chains | Sharpe Terminal

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All stablecoins

Tether

USDT

Fiat-backedPegged USD98 chains

$184.14B

Market Cap

0.08%

24h supply Δ

Market Cap

$184.14B

Nov 2017 → Jul 2026

Chain Breakdown

98 chains

#	Chain	Supply	Share	Trend			Distribution
1	Tron	$89.56B	48.63%		+$1.58B	100.0%	x
2	Ethereum	$76.34B	41.46%		−$3.48B	100.0%	x
3	BSC	$9.18B	4.99%		+$46.30K	100.0%	x
4	Solana	$2.91B	1.58%		−$20.00M	59.6%	x
5	Arbitrum	$921.72M	0.50%		−$57.09M	75.3%	x
6	Polygon	$915.54M	0.50%		+$17.89M	100.0%	x
7	Aptos	$847.05M	0.46%		−$110.29M	100.0%	x
8	Plasma	$749.60M	0.41%		−$162.42M	100.0%	x
9	TON	$670.79M	0.36%		+$40.00M	100.0%	x
10	Mantle	$410.57M	0.22%		+$27.47M	100.0%	x
11	Avalanche	$332.59M	0.18%		−$79.98M	77.2%	x
12	Kaia	$218.72M	0.12%		+$49.85M	100.0%	x
13	OP Mainnet	$216.54M	0.12%		+$16.34M	73.5%	x
14	Hyperliquid L1	$127.58M	0.07%		−$35.11M	9.89%	x
15	X Layer	$111.47M	0.06%		+$3.49M	100.0%	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	$74.18M	0.04%		+$16.17M	10.6%	x
20	Ink	$70.24M	0.04%		+$4.27M	56.3%	x
21	Near	$64.56M	0.04%		−$198.94K	57.6%	x
22	Kava	$60.08M	0.03%		−$223.22K	100.0%	x
23	Tezos	$42.28M	0.02%		flat	100.0%	x
24	Berachain	$38.28M	0.02%		+$758.93K	76.1%	x
25	Polkadot	$37.00M	0.02%		flat	—	x
26	Mixin	$31.94M	0.02%		flat	41.4%	x
27	Flare	$23.37M	0.01%		−$1.51M	20.3%	x
28	Stable	$19.40M	0.01%		+$2.01M	56.7%	x
29	Conflux	$13.81M	0.01%		+$7.96M	100.0%	x
30	Tempo	$9.53M	0.01%		+$434.66K	38.0%	x
31	Injective	$9.08M	0.00%		−$1.92M	100.0%	x
32	OKTChain	$8.79M	0.00%		flat	100.0%	x
33	KCC	$8.77M	0.00%		−$413.00	100.0%	x
34	Linea	$7.72M	0.00%		−$103.00K	28.3%	x
35	Morph	$7.09M	0.00%		+$1.96M	74.5%	x
36	Unichain	$6.00M	0.00%		−$419.06K	22.3%	x
37	Katana	$5.00M	0.00%		−$4.55M	6.17%	x
38	Scroll	$4.21M	0.00%		−$12.31K	35.9%	x
39	PulseChain	$4.20M	0.00%		−$128.75K	8.99%	x
40	Starknet	$3.75M	0.00%		+$108.87K	2.17%	x
41	MegaETH	$2.99M	0.00%		−$476.55K	6.74%	x
42	Manta	$2.65M	0.00%		−$4.79K	73.1%	x
43	Sei	$2.59M	0.00%		−$167.80K	6.05%	x
44	ZKsync Era	$2.52M	0.00%		−$186.64K	17.5%	x
45	Rootstock	$2.43M	0.00%		−$29.49K	2.64%	x
46	CORE	$2.08M	0.00%		−$685.41K	35.1%	x
47	ICP	$2.05M	0.00%		−$292.09K	17.6%	x
48	Vaulta	$1.72M	0.00%		flat	5.41%	x
49	Metis	$1.71M	0.00%		+$2.00	59.1%	x
50	Movement	$1.67M	0.00%		−$182.77K	1.29%	x
51	Abstract	$1.46M	0.00%		−$98.50K	14.1%	x
52	Aurora	$1.34M	0.00%		−$29.95K	42.6%	x
53	IoTeX	$1.14M	0.00%		flat	92.4%	x
54	EDU Chain	$1.11M	0.00%		+$90.00K	100.0%	x
55	Algorand	$841.35K	0.00%		flat	2.88%	x
56	Moonriver	$801.42K	0.00%		flat	62.6%	x
57	Gnosis	$795.83K	0.00%		+$105.27K	0.80%	x
58	Redbelly	$730.28K	0.00%		+$18.09K	100.0%	x
59	Osmosis	$699.02K	0.00%		+$49.93K	5.17%	x
60	Peaq	$693.63K	0.00%		−$37.42K	100.0%	x
61	Soneium	$680.63K	0.00%		−$52.38K	8.50%	x
62	MultiversX	$678.37K	0.00%		−$41.41K	6.80%	x
63	Etherlink	$529.00K	0.00%		−$8.39K	3.31%	x
64	Stacks	$448.65K	0.00%		−$10.00K	0.54%	x
65	Mode	$349.92K	0.00%		−$50.42K	18.7%	x
66	Canto	$349.52K	0.00%		flat	10.1%	x
67	IOTA EVM	$348.31K	0.00%		−$7.26K	35.0%	x
68	Wanchain	$341.18K	0.00%		−$167.80K	13.4%	x
69	Bittorrent	$332.27K	0.00%		−$744.00	100.0%	x
70	Oasis Emerald	$328.08K	0.00%		flat	100.0%	x
71	ThunderCore	$301.75K	0.00%		+$1.75K	100.0%	x
72	Hemi	$263.84K	0.00%		−$40.68K	10.0%	x
73	Kusama	$239.75K	0.00%		flat	—	x
74	Statemine	$239.75K	0.00%		flat	—	x
75	Moonbeam	$226.38K	0.00%		flat	31.7%	x
76	Telos	$203.19K	0.00%		flat	9.50%	x
77	Gravity by Galxe	$201.84K	0.00%		−$63.04K	100.0%	x
78	Waves	$198.80K	0.00%		+$11.31K	2.91%	x
79	Viction	$170.83K	0.00%		flat	100.0%	x
80	Meter	$165.32K	0.00%		flat	59.2%	x
81	Cardano	$147.11K	0.00%		−$148.06K	0.21%	x
82	Zircuit	$133.97K	0.00%		−$1.09K	100.0%	x
83	Boba	$129.35K	0.00%		flat	6.36%	x
84	Harmony	$115.31K	0.00%		−$195.00	59.0%	x
85	Hedera	$84.62K	0.00%		+$11.10K	0.35%	x
86	Fuse	$65.47K	0.00%		flat	27.5%	x
87	Citrea	$64.09K	0.00%		+$2.56K	0.99%	x
88	Immutable zkEVM	$58.93K	0.00%		+$1.00	0.54%	x
89	MANTRA	$48.10K	0.00%		flat	8.29%	x
90	Syscoin	$44.56K	0.00%		flat	—	x
91	XDC	$41.40K	0.00%		+$7.00	0.96%	x
92	Taiko	$39.18K	0.00%		−$48.96K	1.24%	x
93	ApeChain	$37.50K	0.00%		−$1.80K	1.39%	x
94	Dogechain	$33.99K	0.00%		flat	8.73%	x
95	GOAT	$31.58K	0.00%		−$78.00	8.89%	x
96	Somnia	$23.90K	0.00%		−$1.61K	1.17%	x
97	Plume Mainnet	$16.76K	0.00%		−$812.00	0.14%	x
98	EthereumClassic	$10.68K	0.00%		flat	14.9%	x

Mint / Burn Flow (90d)

+$4.44B mints−$8.14B burnsnet -$3.69B

Bridge Flow (24h)

0 inferable · 49 mint/burn-dom

Chain	Chain Δ	Net Bridge Flow	Direction
Tron	-$50.00M	—	Burn-dom.
Ethereum	+$173.02M	—	Mint-dom.
BSC	+$75.67	—	Mint-dom.
Solana	-$811.97	—	Burn-dom.
Arbitrum	+$4.21M	—	Mint-dom.

Stats

Circulating$184.14B

Price$0.9989

Peg Δ0.11%

Chains98

MechanismFiat-backed

Top chainTron 49%

Best APYtravessia-credit · Ethereum

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 change+0.08%

Net mint+0.08%

Net redeem—

USDT supply expanded 0.08% over the last 24 hours. Net mints — new tokens entered circulation.

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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