USDT (Tether): The Most Traded Stablecoin in Crypto
Everything about USDT — its dominance in crypto trading, reserve composition, and multi-chain presence.
What Is USDT?
Tether (USDT) is the largest stablecoin by market capitalization and trading volume. Issued by Tether Limited, it aims to maintain a 1:1 peg with the US dollar and is the most widely used trading pair in crypto.
Market Dominance
USDT consistently has the highest 24-hour trading volume of any cryptocurrency. It is the default stablecoin on most Asian exchanges and the primary liquidity token for cross-chain trading.
Reserve Composition
Tether's reserves include US Treasury bills, money market funds, and other assets. The company publishes quarterly reserve attestations, though transparency has historically been a point of debate.
Multi-Chain Availability
USDT is deployed on Ethereum, Tron (the largest USDT chain by volume), BSC, Arbitrum, Optimism, Polygon, Avalanche, and many others.
Trading USDT with Alkizen
Alkizen defaults to ETH-to-USDT for new users, making it simple to get started. Swap between USDT and any token on any chain with optimized routing.