Stablecoin OverviewTested23 MAY 26
Tether USD (USDT) Review
Largest stablecoin by market cap, broadest exchange liquidity
Affiliate link · doesn't affect score · independent methodology
3.9/ 5Skrumble Score
At a glance
Tether (USDT) is the largest stablecoin by market cap and liquidity — 14 chains, ~$145B circulating supply, BDO Italia quarterly attestations (not full audits). Direct redemption only for verified institutional accounts > $100k.
Best for
Traders who need maximum cross-exchange liquidity and lowest spreads.
Skip if
You want a full annual audit (use USDC) or you're in a jurisdiction that explicitly restricts USDT.
Quick stats
- Ticker
- USDT
- Issuer
- Tether Operations Ltd.
- Peg
- USD
- Backing
- fiat collateralized
- Market cap
- $145.0B
- Chains
- 14
- Attestation
- quarterly
- Fiat redeem
- Yes
Skrumble scoring breakdown
3.9/ 5
Liquidity & Adoption (30% weight)5.0/5
Transparency & Audits (30% weight)3.0/5
Backing Quality (20% weight)3.8/5
Chain Coverage (10% weight)4.7/5
Redeemability (10% weight)2.5/5
Read our full scoring methodology.
Auditors / attestors
- · BDO Italia (attestations)