Key Metrics
- Daily close as of 23 May '26189.6 Billion
Market Cap
- 30 day avg as of 20 May '2638 Billion
Daily Transfer Volume
- Daily close as of 18 May '26597 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 Mar '2619th
Rank of U.S. Treasuries holdings if USD₮ was a country in Q1 2026
- Quarterly close as of 31 Mar '2637 Million
Growth of USD₮ total users in Q1 2026
- 30 day avg as of 20 May '2621 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 Mar '26136 Billion
Held in U.S. Treasuries in Q1 2026
If Tether were a country, it would be the 19th 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 20 May '260.03
Average blockchain fee to send up to $500
- 30 day avg as of 18 May '2613.6 Million
USD₮ weekly active
on-chain users - Daily close as of 17 May '2634%
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 64 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
- 2,000+cases assisting law enforcement, including1,050+assisting US Law Enforcement4Bfrozen, including1.9Bwith US Law Enforcement
Issuances & Redemptions
- Total in past day as of 23 May '26
Issuances
- $889 Thousand
USD₮ issuances
Past day - $18.5 Million
USD₮ issuances
Past week - $504 Million
USD₮ issuances
Past month - $7.61 Billion
USD₮ issuances
Past 3 months - $38.6 Billion
USD₮ issuances
Past 12 months - $7.68 Billion
USD₮ issuances
Year to date
- $889 Thousand
- Total in past day as of 23 May '26
Redemptions
- $0
USD₮ redemptions
Past day - $225 Million
USD₮ redemptions
Past week - $227 Million
USD₮ redemptions
Past month - $239 Million
USD₮ redemptions
Past 3 months - $4.04 Billion
USD₮ redemptions
Past 12 months - $2.79 Billion
USD₮ redemptions
Year to date
- $0
Growth Trends
- Daily close as of 18 May '26597 Million
Total estimated USD₮ users around the world
Total USD₮ users
- Quarterly close as of 31 Mar '267%
Growth in total users in Q1 2026
Total USD₮ Market Cap
- Daily close as of 23 May '26189.6 Billion
Market Cap
Ecosystem Highlights
- 30 day avg as of 23 May '2666%
of centralized
spot volumes - 30 day avg as of 21 May '2626%
of decentralized
spot volumes - Daily close as of 17 May '2645.7 Million
On-chain users holding
more than $1 - 30 day avg as of 20 May '260.0025%
Average fee per transfer
- 30 day avg as of 23 May '2666%
- Daily close as of 23 May '26
See MoreMarket Cap by Chain
- $95 Billion
- $89 Billion
- $2.5 Billion
- $630 Million
- $410 Million
- 30 day avg as of 20 May '26See More
Daily Transfer Volume by Chain
- $20.3 Billion
- $8.5 Billion
- $1.38 Billion
- $199 Million
- $99.2 Million
- 30 day avg as of 20 May '26See More
Average Transfer Fee by Chain
- $0.31Fee
- $0.13Fee
- $0.001Fee
- Daily close as of 18 May '26171 Million
Estimated off-chain users
Source: Tether analysis based on data from Artemis, Chainalysis, and Kaiko