USDT Stablecoin: Peg, Supply & Chains | Sharpe Terminal

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All stablecoins

Tether

USDT

Fiat-backedPegged USD102 chains

$186.44B

Market Cap

0.17%

24h supply Δ

Market Cap

$186.44B

Nov 2017 → Jun 2026

Chain Breakdown

102 chains

#	Chain	Supply	Share	Trend			Distribution
1	Tron	$87.88B	47.14%		−$568.78M	100.0%	x
2	Ethereum	$80.13B	42.98%		−$2.43B	100.0%	x
3	BSC	$9.18B	4.93%		+$21.74K	100.0%	x
4	Solana	$2.66B	1.43%		−$309.99M	56.2%	x
5	Arbitrum	$997.50M	0.54%		+$28.45M	78.4%	x
6	Aptos	$977.33M	0.52%		+$112.95M	100.0%	x
7	Plasma	$884.42M	0.47%		+$42.25M	100.0%	x
8	Polygon	$880.09M	0.47%		+$49.33M	84.5%	x
9	TON	$630.79M	0.34%		+$50.00M	100.0%	x
10	Avalanche	$412.57M	0.22%		−$119.96M	88.3%	x
11	Mantle	$375.40M	0.20%		−$8.57M	100.0%	x
12	Hyperliquid L1	$192.62M	0.10%		+$8.23M	13.3%	x
13	OP Mainnet	$187.40M	0.10%		+$7.70M	64.2%	x
14	Kaia	$168.94M	0.09%		−$42.32M	100.0%	x
15	Celo	$128.92M	0.07%		−$3.00M	100.0%	x
16	X Layer	$107.38M	0.06%		+$20.35M	100.0%	x
17	Fantom	$82.96M	0.04%		flat	100.0%	x
18	Omni	$80.04M	0.04%		flat	—	x
19	Ink	$65.52M	0.04%		−$56.99M	52.4%	x
20	Near	$64.71M	0.03%		+$97.99K	42.4%	x
21	Kava	$60.24M	0.03%		+$111.00	100.0%	x
22	Monad	$55.87M	0.03%		−$26.71M	16.1%	x
23	Tezos	$42.28M	0.02%		flat	100.0%	x
24	Polkadot	$37.00M	0.02%		flat	—	x
25	Berachain	$36.67M	0.02%		−$1.05M	69.7%	x
26	Mixin	$31.94M	0.02%		flat	41.4%	x
27	Flare	$23.11M	0.01%		−$386.38K	18.8%	x
28	Stable	$19.81M	0.01%		+$9.53M	100.0%	x
29	Sui	$13.23M	0.01%		−$1.16M	2.99%	x
30	Injective	$10.98M	0.01%		−$4.30M	100.0%	x
31	OKTChain	$8.98M	0.00%		flat	100.0%	x
32	Tempo	$8.94M	0.00%		+$4.49M	63.5%	x
33	KCC	$8.77M	0.00%		−$858.00	100.0%	x
34	Katana	$8.11M	0.00%		−$25.75M	8.36%	x
35	Linea	$7.75M	0.00%		−$86.59K	29.6%	x
36	Unichain	$6.47M	0.00%		−$263.59K	28.3%	x
37	Conflux	$5.74M	0.00%		+$521.86K	78.5%	x
38	Morph	$5.14M	0.00%		−$482.18K	62.5%	x
39	PulseChain	$4.36M	0.00%		+$32.24K	9.53%	x
40	Scroll	$4.23M	0.00%		−$66.93K	38.6%	x
41	NEO	$3.86M	0.00%		flat	100.0%	x
42	Zilliqa	$3.78M	0.00%		flat	100.0%	x
43	Starknet	$3.58M	0.00%		+$314.29K	2.00%	x
44	MegaETH	$3.29M	0.00%		−$5.60M	2.83%	x
45	Sei	$2.98M	0.00%		+$234.14K	5.34%	x
46	CORE	$2.79M	0.00%		−$73.60K	39.6%	x
47	ZKsync Era	$2.74M	0.00%		+$124.80K	17.8%	x
48	Manta	$2.66M	0.00%		−$715.00	58.2%	x
49	Rootstock	$2.39M	0.00%		−$547.31K	2.31%	x
50	ICP	$2.37M	0.00%		−$521.62K	21.3%	x
51	Movement	$1.86M	0.00%		−$240.18K	1.44%	x
52	Vaulta	$1.72M	0.00%		flat	4.99%	x
53	Metis	$1.71M	0.00%		−$1.49M	60.1%	x
54	Abstract	$1.49M	0.00%		−$793.72K	13.8%	x
55	Aurora	$1.37M	0.00%		+$31.68K	42.0%	x
56	IoTeX	$1.14M	0.00%		flat	84.3%	x
57	EDU Chain	$1.02M	0.00%		+$91.00K	100.0%	x
58	Algorand	$841.35K	0.00%		flat	2.65%	x
59	Moonriver	$801.42K	0.00%		flat	42.9%	x
60	Soneium	$735.58K	0.00%		−$32.70K	9.62%	x
61	MultiversX	$732.46K	0.00%		−$48.46K	7.42%	x
62	Wanchain	$708.98K	0.00%		+$555.14K	27.2%	x
63	Redbelly	$704.54K	0.00%		+$37.20K	100.0%	x
64	Gnosis	$663.77K	0.00%		−$382.12K	0.94%	x
65	Osmosis	$656.75K	0.00%		−$23.74K	3.89%	x
66	Peaq	$641.21K	0.00%		−$197.09K	88.3%	x
67	Etherlink	$520.83K	0.00%		−$527.51K	3.04%	x
68	Stacks	$477.56K	0.00%		flat	0.49%	x
69	Mode	$400.34K	0.00%		flat	21.6%	x
70	IOTA EVM	$355.57K	0.00%		−$19.64K	32.1%	x
71	Loopring	$350.91K	0.00%		−$9.71K	—	x
72	Canto	$349.52K	0.00%		+$15.00	10.2%	x
73	Bittorrent	$333.35K	0.00%		+$12.86K	95.7%	x
74	Oasis Emerald	$328.08K	0.00%		flat	100.0%	x
75	Hemi	$312.36K	0.00%		−$56.41K	6.95%	x
76	ThunderCore	$300.00K	0.00%		−$14.69K	100.0%	x
77	Cardano	$298.02K	0.00%		−$51.01K	0.31%	x
78	Gravity by Galxe	$265.06K	0.00%		−$3.91K	100.0%	x
79	Kusama	$239.75K	0.00%		flat	—	x
80	Statemine	$239.75K	0.00%		flat	—	x
81	Moonbeam	$226.38K	0.00%		flat	15.0%	x
82	Telos	$203.19K	0.00%		flat	11.7%	x
83	Waves	$180.44K	0.00%		−$132.00	2.62%	x
84	Viction	$170.83K	0.00%		flat	81.2%	x
85	Meter	$165.32K	0.00%		flat	47.9%	x
86	Zircuit	$135.06K	0.00%		−$1.79K	100.0%	x
87	Boba	$129.35K	0.00%		−$220.00	6.21%	x
88	Corn	$117.70K	0.00%		−$7.03K	100.0%	x
89	Harmony	$115.58K	0.00%		−$233.00	0.46%	x
90	Taiko	$88.14K	0.00%		−$314.00	2.36%	x
91	Fuse	$65.47K	0.00%		flat	26.7%	x
92	Citrea	$61.70K	0.00%		+$49.60K	1.39%	x
93	Immutable zkEVM	$59.11K	0.00%		−$1.65K	2.26%	x
94	MANTRA	$48.10K	0.00%		+$1.10K	7.58%	x
95	Syscoin	$44.56K	0.00%		flat	—	x
96	XDC	$41.39K	0.00%		+$52.00	0.98%	x
97	ApeChain	$39.43K	0.00%		−$2.67K	1.62%	x
98	Dogechain	$33.99K	0.00%		flat	8.04%	x
99	GOAT	$31.78K	0.00%		−$179.00	6.03%	x
100	Somnia	$27.51K	0.00%		−$3.39K	2.73%	x
101	Plume Mainnet	$17.16K	0.00%		+$406.00	0.14%	x
102	EthereumClassic	$10.68K	0.00%		flat	13.9%	x

Mint / Burn Flow (90d)

+$8.54B mints−$5.98B burnsnet +$2.55B

Bridge Flow (24h)

0 inferable · 53 mint/burn-dom

Chain	Chain Δ	Net Bridge Flow	Direction
Tron	-$382.72M	—	Burn-dom.
Ethereum	+$153.14M	—	Mint-dom.
BSC	-$137.06	—	Burn-dom.
Solana	-$180.00M	—	Burn-dom.
Arbitrum	+$2.71M	—	Mint-dom.

Stats

Circulating$186.44B

Price$0.9994

Peg Δ0.06%

Chains102

MechanismFiat-backed

Top chainTron 47%

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 change0.17%

Net mint—

Net redeem−0.17%

USDT supply contracted 0.17% over the last 24 hours. Net redemptions — tokens were burned or redeemed for the underlying.

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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