Key Metrics
- Daily close as of 1 Feb '26185.3 Billion
Market Cap
- 30 day avg as of 24 Jan '2641 Billion
Daily Transfer Volume
- Daily close as of 23 Jan '26543 Million
Total Estimated Users
- USD₮: The Digital Dollar Expanding U.S. Global Influence
America’s financial ally in the Age of Stablecoins
While some nations challenge dollar supremacy, USD₮ expands it—powering global trade, payroll, remittances, dollar saving accounts and more. USD₮ is reinforcing the dollar as the world’s reserve currency.
- Quarterly close as of 31 Dec '2518th
Rank of U.S. Treasuries holdings if USD₮ was a country in Q4 2025
- Quarterly close as of 31 Dec '2535 Million
Growth of USD₮ total users in Q4 2025
- 30 day avg as of 24 Jan '2622 Million
Number of USD₮ transfers per day
- USD₮
Powering Global Dollarization in Emerging Markets
Every USD₮ issued strengthens the U.S. dollar’s dominance
Every transaction extends the reach of American finance
Every USD₮ minted creates demand for U.S. Treasuries
USD₮ is the Digital Dollar for Emerging Markets
- Quarterly close as of 31 Dec '25142 Billion
Held in U.S. Treasuries in Q4 2025
If Tether were a country, it would be the 18th largest holder of U.S. debt, expanding Treasury demand beyond traditional buyers and thereby reinforcing the strength of the Dollar and the U.S. economy.
- 30 day avg as of 24 Jan '260.02
Average blockchain fee to send up to $500
- 30 day avg as of 23 Jan '2611.1 Million
USD₮ weekly active
on-chain users - Daily close as of 24 Jan '2633%
of USD₮ supply held
by savers - USD₮ WORLD
CLASS COMPLIANCETether works with 310+ law enforcement agencies, including: FBI, U.S. Secret Service, DOJ and Global Financial Regulators, setting the standard in AML & KYC transparency
Collaborating with 310+ Law
Enforcement Agencies in 62 CountriesStrict Compliance – Rigorous KYC/AML checks by industry leading team
Wallet Freezing – Blocks OFAC-listed wallets, aids law enforcement
Wallet Monitoring – Compliance with OFAC SDN lists, full cooperation with U.S and global law enforcement
- 1,800+cases assisting law enforcement, including960+assisting US Law Enforcement3.4Bfrozen, including1.7Bwith US Law Enforcement
Issuances & Redemptions
- Total in past day as of 2 Feb '26
Issuances
- $310 Thousand
USD₮ issuances
Past day - $1.18 Million
USD₮ issuances
Past week - $55.2 Million
USD₮ issuances
Past month - $3.35 Billion
USD₮ issuances
Past 3 months - $43.7 Billion
USD₮ issuances
Past 12 months - $55.2 Million
USD₮ issuances
Year to date
- $310 Thousand
- Total in past day as of 2 Feb '26
Redemptions
- $15.3 Million
USD₮ redemptions
Past day - $880 Million
USD₮ redemptions
Past week - $1.38 Billion
USD₮ redemptions
Past month - $2.28 Billion
USD₮ redemptions
Past 3 months - $4.45 Billion
USD₮ redemptions
Past 12 months - $1.38 Billion
USD₮ redemptions
Year to date
- $15.3 Million
Growth Trends
- Daily close as of 23 Jan '26543 Million
Total estimated USD₮ users around the world
Total USD₮ users
- Quarterly close as of 31 Dec '257%
Growth in total users in Q4 2025
Total USD₮ Market Cap
- Daily close as of 1 Feb '26185.3 Billion
Market Cap
Ecosystem Highlights
- 30 day avg as of 2 Feb '2659%
of centralized
spot volumes - 30 day avg as of 2 Feb '2626%
of decentralized
spot volumes - Daily close as of 23 Jan '2644.8 Million
On-chain users holding
more than $1 - 30 day avg as of 24 Jan '260.002%
Average fee per transfer
- 30 day avg as of 2 Feb '2659%
- Daily close as of 1 Feb '26
See MoreMarket Cap by Chain
- $97 Billion
- $83 Billion
- $2.8 Billion
- $780 Million
- $730 Million
- 30 day avg as of 24 Jan '26See More
Daily Transfer Volume by Chain
- $17.7 Billion
- $8.6 Billion
- $1.42 Billion
- $454 Million
- $61 Million
- 30 day avg as of 24 Jan '26See More
Average Transfer Fee by Chain
- $0.28Fee
- $0.04Fee
- $0.003Fee
- Daily close as of 23 Jan '26159 Million
Estimated off-chain users
Source: Tether analysis based on data from Artemis, Chainalysis, and Kaiko