Tether (USDT) market cap and supply

Tether (USDT) circulating supply is about $180.8B; it ranks #1 among stablecoins with a 59.9% share. Supply changed −1.0% over 7 days and −1.5% over 30 days. It circulates on 104 chains; the largest share is on Tron (51%). Price 0.9989 USD (deviation from $1: −0.11%).

Supply
$180.8B
Rank · share
#1 · 59.9%
7 days
−1.0%
30 days
−1.5%
1 year
−0.7%
Price
$0.9989

USDT supply — last year

Oct 28, 2025 – Oct 28, 2026high $190.2B (May 20, 2026)low $181.9B (Oct 28, 2026)vertical axis does not start at zero

USDT by chain

Tron$92.19B · 51
Ethereum$71.58B · 40
BSC$9.17B · 5
Solana$2.63B · 1
Arbitrum$802.9M · 0
Plasma$725.4M · 0
Polygon$719.2M · 0
TON$500.3M · 0
Mantle$447.2M · 0
Aptos$376.6M · 0
Avalanche$365.8M · 0
OP Mainnet$215.7M · 0

The small number is that chain's share of USDT supply (%).

Frequently asked questions

What is the USDT market cap?

Tether (USDT) circulating supply is about $180.8B; it ranks #1 among stablecoins with a 59.9% share. Supply changed −1.0% over 7 days and −1.5% over 30 days. It circulates on 104 chains; the largest share is on Tron (51%). Price 0.9989 USD (deviation from $1: −0.11%). (2026-10-29 10:52 UTC)

How did USDT supply change over the last year?

Tether supply changed −0.7% over one year. High $190.2B, low $181.9B; currently −4.4% from the high.

Which chains is USDT on?

It circulates on 104 chains. Largest: Tron $92.19B, Ethereum $71.58B, BSC $9.17B, Solana $2.63B, Arbitrum $802.9M.

Other stablecoins