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Tether USD₮

StablecoinUSD pegQuarterlyFreshTether (opens in a new tab)
Total reserves

$191.45B

increase 2.0%

Reported reserve assets

Coverage

104.4%

Reported reserves / tokens

Tokens outstanding

183.47B

USD-pegged supply

Latest report

Sep 30, 2026

Fresh

Quarterly cadence

Reserve composition

CategoryValueShareChange
US Treasury Bills
$122,839,738,995
64.2%
increase 2.9%
Government Bills & Notes
$21,981,521
0.0%
decrease 0.0%
Reverse Repurchase Agreements
$16,696,244,243
8.7%
decrease 4.9%
Cash Deposits
$20,427,407
0.0%
decrease 0.0%
Gold
$19,084,651,736
10.0%
decrease 0.1%
Corporate Bonds
$63,881,392
0.0%
increase 0.0%
Secured Loans
$14,175,117,624
7.4%
increase 0.2%
Bitcoin (incl. wrapped)
$8,367,170,264
4.4%
increase 1.3%
Equities
$4,177,803,686
2.2%
increase 0.2%
Other
$6,004,074,506
3.1%
increase 0.3%
As of Sep 30, 2026

Reserve history

Reserve categories
Through Sep 30, 2026

Attestation reports

  • Sep 30, 2026

    BDO Advisory Services S.r.l.
  • Jun 30, 2026

    BDO Advisory Services S.r.l.
  • Mar 31, 2026

    BDO Advisory Services S.r.l.
  • Dec 31, 2025

    BDO Advisory Services S.r.l.
  • Sep 30, 2025

    BDO Italia S.p.A.
  • Jun 30, 2025

    BDO Italia S.p.A.
  • Mar 31, 2025

    BDO Italia S.p.A.
  • Dec 31, 2024

    BDO Italia S.p.A.
  • Sep 30, 2024

    BDO Italia S.p.A.
  • Jun 30, 2024

    BDO Italia S.p.A.
  • Mar 31, 2024

    BDO Italia S.p.A.
  • Dec 31, 2023

    BDO Italia S.p.A.
  • Sep 30, 2023

    BDO Italia S.p.A.
  • Jun 30, 2023

    BDO Italia S.p.A.
  • Mar 31, 2023

    BDO Italia S.p.A.
  • Dec 31, 2022

    BDO Italia S.p.A.
  • Sep 30, 2022

    BDO Italia S.p.A.
  • Jun 30, 2022

    BDO Italia S.p.A.
  • Mar 31, 2022

    MHA Cayman
  • Dec 31, 2021

    MHA Cayman
  • Sep 30, 2021

    Moore Cayman
  • Jun 30, 2021

    Moore Cayman
  • Mar 31, 2021

    Moore Cayman
  • Feb 28, 2021

    Moore Cayman
Showing 1–24 of 24 documents · 24 report dates · newest first