USDT

Name: USDT reserves
Creator: Tether

Tether USD₮

StablecoinUSD pegQuarterlyFreshTether

This asset's supplied figures are also on the USDC and USDT comparison.

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

Category	Value	Share	Change
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

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

Cite these figures

Each figure is a value from the asset record or the latest reserve composition, with the report date on that response.

Published by Rwa.world and WeAreShovels.

To cite a figure, use the asset page URL, the report date shown there, and the attestor name shown there. Describe Stablecoinreserves.io as the dashboard that displayed those fields. The attestor name is the name printed with the report.

Total reserves: $191.45B; totalReservesUsd on the asset record, formatted with the peg currency. Not a conversion.; As of Sep 30, 2026 (latestReportDate)
Coverage: 104.4%; coveragePct on the asset record. The page labels this Reported reserves / tokens. No formula is stated here.; As of Sep 30, 2026 (latestReportDate)
Tokens outstanding: 183.47B; tokensOutstanding on the asset record. The page describes this as supply pegged to the peg currency.; As of Sep 30, 2026 (latestReportDate)
Reserve change: Up 2.0%; reserveDeltaPct on the asset record.; As of Sep 30, 2026 (latestReportDate)
US Treasury Bills: $122.84B · 64.2% · Up 2.9%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Government Bills & Notes: $21.98M · 0.0% · Down 0.0%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Reverse Repurchase Agreements: $16.7B · 8.7% · Down 4.9%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Cash Deposits: $20.43M · 0.0% · Down 0.0%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Gold: $19.08B · 10.0% · Down 0.1%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Corporate Bonds: $63.88M · 0.0% · Up 0.0%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Secured Loans: $14.18B · 7.4% · Up 0.2%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Bitcoin (incl. wrapped): $8.37B · 4.4% · Up 1.3%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Equities: $4.18B · 2.2% · Up 0.2%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)
Other: $6B · 3.1% · Up 0.3%; valueUsd, percentage, and deltaPp on that holding. deltaPp is percentage points.; As of Sep 30, 2026 (composition.reportDate)

Cite this asset page URL with the report date and attestor name on each report record. The report source URL, file name, and file URL are not shown.

https://stablecoinreserves.io/assets/usdt

These are the report records returned for this asset. This page does not add reports that are absent from that response.

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

Data from stablecoin-issuer-published attestation reports. Figures reflect the dates and scope of the cited reports, not necessarily current reserves.