- USDT expands to Sui and Base, now live on 10+ blockchains. New Swiss gold lending uses USDT as collateral.
- $159.39B USDT circulates globally (+2.42B minted). Omnichain deployment powers DeFi liquidity and cross-chain payments worldwide.
The peg stability is maintained via Tether’s asset reserve structure, which uses cash equivalents, U.S. Treasury bills, secured loans, and other liquid assets. Minor de-pegs during moments of market stress are generally corrected within minutes or hours—reinforcing the system’s credibility as of mid-2025.
USDT is the most systemically important asset in the crypto asset space, acting as the backbone of DeFi, centralized exchanges, and Web3 payment systems. It is issued by Tether Limited, a company that claims to maintain full asset backing for all circulating tokens. As of now, 159.39 billion USDT are in active circulation, with an additional 2.42 billion recently minted, reflecting growing demand.
Tether’s reserve composition, according to its latest quarterly attestation, includes ~85% in U.S. Treasury bills and short-term commercial paper, with a growing proportion allocated to overnight reverse repos and secured loans. The company continues to be audited by third-party firms, providing greater transparency than in its earlier years.
Additionally, USDT has expanded aggressively into multiple blockchains, including Ethereum, Tron, Solana, Avalanche, Polygon, Near, and more recently Sui and Base. This omnichain deployment enhances composability and liquidity across networks, allowing developers and users to interact with a single, universally recognized dollar-denominated asset.
Tether Launches Gold-Backed Lending Division Using USDT as Collateral
Tether has announced a new gold lending platform in Switzerland, allowing institutions to borrow physical gold by locking up USDT as collateral. This marks a historic step in bridging the digital-physical asset gap, enabling real-world lending with digital dollar collateral.
USDT Goes Live on Sui Network and Base
The company has officially launched USDT support on Sui and Coinbase’s Base L2, improving cross-chain liquidity and positioning USDT as the leading stablecoin on these fast-growing ecosystems. Combined, these two networks add tens of millions of new wallets with native USDT support.
Tether’s Reserve Surplus Hits $6.8 Billion
According to Tether’s Q2 2025 reserve attestation, the company now holds a surplus of $6.8 billion over its liabilities—its largest cushion to date. This reserve overcollateralization adds further confidence that redemptions and depegging events can be swiftly neutralized.
Tether CEO Meets with G20 Officials to Discuss CBDC Interoperability
In a landmark meeting in Singapore, Tether’s executive team presented a framework for USDT as a bridge asset between CBDCs, especially in emerging economies where digital dollars are preferred for trade but local infrastructure remains underdeveloped.
