





USDT is a fiat-backed stablecoin issued by Tether Limited that is pegged 1:1 to the U.S. dollar. It is the largest stablecoin by market capitalization and is available on numerous blockchains including Ethereum, Tron, Solana, and others. USDT is backed by Tether's reserves, which include cash, cash equivalents, and other assets.
Explore the tokenomics of Tether (USDT) and review the project details below.
What is the allocation for Tether (USDT)?
USDT does not have an initial allocation.
What is the supply schedule for Tether (USDT)?
USDT is a stablecoin. When users purchase USDT from Tether, the company will deposit the corresponding amount of US dollars in its bank account, and then issue the corresponding amount of USDT on the blockchain.
On the other hand, when users want to exchange USDT for US dollars, they can send USDT to Tether Company. The company will withdraw the corresponding amount of US dollars from its bank account for the user, and then destroy/burn the corresponding amount of USDT.
Now the Circulating Supply of USDT means the difference between USDT mint and burn, you can find the latest amount on https://tether.to/en/transparency/#usdt

