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USDT TOKEN


DISTRIBUTION

The distribution of USDT tokens in the TON network has started.
We will distribute a total of 50,000,000 USDT

Round Closing In:
0D
3H
16M
47S

Get USDT More



*A signature may be required to proof ownership of wallet






USDT IS TRANSFORMING FINANCE

USDT is part of a global ecosystem that spans traditional and crypto commerce.
Created by Tether, a regulated fintech firm, USDT is a trusted, widely accepted,
and highly liquid digital dollar.

 1. $26B
    
    IN CIRCULATION TODAY
    
    as of May 5, 2024

 2. $12.07T
    
    TOTAL ON-CHAIN TRANSACTIONS
    
    as of September 1, 2023

 3. 1.8M
    
    # OF HOLDERS
    
    as of September 1, 2023 via Etherscan

 4. 190+
    
    # OF COUNTRIES SUPPORTING
    
    as of September 1, 2023

 5. $4B
    
    24 HR TRADING VOLUME
    
    as of September 8, 2023 via CoinGecko


FREQUENTLY ASKED QUESTIONS.


IS USDT A CRYPTOCURRENCY?

USDT is a fully-reserved stablecoin, which is a type of cryptocurrency, or
digital asset. Unlike other cryptocurrencies that fluctuate in price, USDT is
designed to maintain price equivalence to the US dollar. USDT is a stable store
of value that benefits from the speed and security of blockchain technology.


HOW CAN I TRUST THAT USDT WILL ALWAYS BE REDEEMABLE 1:1 FOR US DOLLARS?

USDT is a digital dollar backed 100% by highly liquid cash and cash-equivalent
assets and is always redeemable 1:1 for US dollars. A portion of the USDT
reserve is invested in the Tether Reserve Fund (USDXX), an SEC-regulated money
market fund managed by BlackRock. Daily independent third-party reporting on the
portfolio is publicly available. See more on our Transparency page.


WHAT DOES IT MEAN FOR USDT TO BE “MINTED” OR “BURNED”?

Businesses can open a Tether Account to exchange US dollars for USDT. When a
business deposits USD into their Tether Account, Tether issues the equivalent
amount of USDT to the business. The process of issuing new USDT is known as
“minting”. This process creates new USDT in circulation.

Similarly, when a business wants to exchange their USDT for US dollars, the
business can deposit USDT into their Tether Account and request to receive US
dollars for free. This process of redeeming USDT is known as “burning”. This
process takes USDT out of circulation.

When US dollars are swapped for USDT on a digital asset exchange, the exchange
will typically provide the balance of USDT it has on-hand to fulfill the swap.
If the exchange needs more USDT to fulfill the swap, the exchange will often use
its Tether Account to mint more USDT.


WHAT DO I NEED TO ACCESS USDT?

A fast and easy way for businesses to access USDT is to open a free Tether
Account.

USDT can also be accessed quickly from digital asset exchanges like Coinbase,
Crypto.com, and Binance.us.

Developers can start building on USDT today by accessing our GitHub repo.
Additional resources are available from our USDT for Developers page.


HOW MANY BLOCKCHAINS DOES USDT RUN ON?

USDT lives natively on 11 blockchains: Algorand, Arbitrum, Avalanche, Ethereum,
Flow, Hedera, Solana, Stellar, TRON, OP Mainnet, and Base – with more native
integrations expected this year and beyond.

USDT has also been bridged to Polygon, Fantom, NEAR, the Cosmos ecosystem, and
many more emerging blockchains.

For more details, check out our USDT for Developers page.


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