STABLECOIN / USD
USDT
Tether, issued by Tether Holdings. Fiat-backed.
Supply snapshot: 2026-09-14. API captured 2026-09-14 12:10:58 UTC. Price-update time is not supplied by the provider. Selected document fields reviewed 2026-09-12; other fields need review.
OVERVIEW
What is USDT?
Tether (USDT) is a USD-denominated fiat-backed stablecoin associated with Tether Holdings. This profile separates a market snapshot dated 2026-09-14 from issuer-document reviews.
ISSUER / OPERATORTether Holdings
BACKING MODELCurrency, cash equivalents and other assets, including loan receivables
REDEMPTION ROUTESubject to Tether terms and customer verification
DOCUMENT REVIEW / 2026-09-12
What the sources establish.
Reserve composition is broader than cash
Tether's FAQ includes loan receivables among reserve assets and discusses bitcoin and gold separately. It describes quarterly reserve reports and typically daily circulation disclosures, while warning that information can be delayed. This checks the stated composition and reporting process, not a current reserve valuation or a full financial-statement audit.
Read the source ↗01 / ISSUER & STRUCTURE
What supports the unit.
- ISSUER
- Tether Holdings Not field-reviewed
- UNIT
- USD Not field-reviewed
- ISSUANCE MODEL
- Fiat-backed Not field-reviewed
- RESERVE / COLLATERAL
- Currency, cash equivalents and other assets, including loan receivables Source · 2026-09-12 ↗
- YIELD PROFILE
- No Not field-reviewed
- REGULATORY POSTURE
- Global / mixed Not field-reviewed
02 / INTERPRETATION
How to read this record.
Only fields with their own dated source link were checked in the latest document review. Other descriptions remain historical reference material, even when a general source link is available.
Market cap is estimated as dated token supply multiplied by the USD price captured from the API. The two inputs are not guaranteed to be simultaneous. Supply change compares exact 30-day history points in token units, not dollar value or investment return. Network counts include tracked bridges.
03 / QUESTIONS
Common questions about USDT.
What is USDT?
Tether (USDT) is a USD-denominated fiat-backed stablecoin associated with Tether Holdings. This profile separates a market snapshot dated 2026-09-14 from issuer-document reviews.
Who issues USDT?
The Stablrcoin record identifies Tether Holdings as the issuer, operator or governing organization associated with Tether. The exact legal role can differ between company-issued tokens and decentralized protocols, so the linked primary source remains authoritative.
What backs USDT?
The directory describes the reserve or collateral model as Currency, cash equivalents and other assets, including loan receivables. That field has a dated source in the document review from 2026-09-12.
Can USDT be redeemed?
The recorded redemption route is: Subject to Tether terms and customer verification. The route has a dated source in the document review from 2026-09-12. Eligibility, minimums, settlement windows and fees can still depend on the issuer, account type and jurisdiction.
Does USDT pay yield?
The listed yield profile is No. Yield from a separate wrapper, savings product or protocol position is not the same as yield built into the stablecoin itself and can introduce additional risks.