USDT Tether

Market is carrying the USDT profile, while USDT's reserve remains the limiting factor in the current LongTree readout.

CautionUpdated Mar 25, 11:30 PM

Preferred public market feed

Live Price

Distance from $1.00

Peg Drift

Latest liquid market snapshot

24H Volume

Preferred market capitalization feed

Market Cap

Composite LongTree score

Total Score

69.5

Thresholded from total score

Risk Posture

Caution

LongTree Synthesis

Risk Score

Quality / Confidence

84Evidence quality

26/31 covered3 proxy1 manualFramework confidence 84%

Public readout

Dashboard fields can refresh intra-period, while the dated snapshot reflects the latest report-backed transparency fact.

26/31 covered3 proxy1 manual

Current transparency cadence

Mixed cadence

Live monitor

Realtime

Dashboard or address-level monitor

Report cycle

Quarterly

Issuer report or attestation cycle

Snapshot

Dec 31, 2025

Latest dated transparency fact

Reserve facts dated Dec 31, 2025 show 76.3% in cash, T-bills, and RRP, with a 78-day Weighted Cap on Stated Maturity proxy.

Redemption is institutional with a $100,000 minimum, 10 bps fee, and 72 hour settlement SLA.

Disclosure combines realtime dashboard data with quarterly reporting, reasonable assurance, top tier non big4 provider coverage, and realtime with addresses.

Latest transparency snapshot is Dec 31, 2025.

LongTree currently covers 26/31 indicators directly, with 3 proxy-backed and 1 manual-required.

Top Chain

No data

Reserve As Of

Dec 31, 2025

Latest promoted reserve fact

Monitoring Notes

Derived watchpoints

These notes are derived from current LongTree facts and thresholds. They are meant to focus review, not replace source evidence.

Reserve pressure

Reserve quality is the weakest scored module.

23.7% of tracked reserves sit in risk assets, while the reserve dimension is currently 40.

Access profile

Primary redemption remains tilted toward larger counterparties.

Institutional access, $100,000 minimum size, and 72h settlement make the redemption rail less accessible than the market tape implies.

Framework coverage

The framework is strong, but not fully first-party yet.

3 indicators are proxy-backed and 1 still require manual evidence, so the score should be read with coverage context rather than as a raw verdict.

Source Ledger

Latest fetched evidence

Raw source-ingest entries are tucked at the bottom to keep the main readout concise.

24 records

Latest Mar 25, 12:07 AM

StrategyIssuer Page

Tether Transparency Page

https://tether.to/en/transparency/?tab=reports

Mar 25, 12:07 AM

last fetch

StrategyIssuer Docs

Tether Relevant Information Document

https://tether.to/public/Relevant_Information_Document_-_Tether_International%2C_S.A._de_C.V..pdf

Mar 25, 12:07 AM

last fetch

StrategyIssuer Docs

Tether Legal Page

https://tether.to/en/legal/

Mar 25, 12:07 AM

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StrategyAttestation Pdf

Tether Attestation Updates

https://tether.io/news/tether-attestation-reports-q1-q3-2025-profit-surpassing-10b-record-levels-in-us-treasuries-exposure-accelerating-usdt-supply-amidst-worlds-macroeconomic-uncertainty/

Mar 25, 12:07 AM

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StrategyRegulatory Docs

Nydfs Virtual Currency Entities

https://www.dfs.ny.gov/virtual_currency_businesses

Mar 25, 12:06 AM

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StrategyRegulatory Docs

Nydfs Stablecoin Guidance

https://www.dfs.ny.gov/industry_guidance/industry_letters/il20220608_issuance_stablecoins

Mar 25, 12:06 AM

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StrategyAnalytics Query

Dune Query Transfer Volume 6777397

https://api.dune.com/api/v1/query/6777397/results?limit=5000

Mar 25, 12:06 AM

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StrategyAnalytics Query

Dune Query Holder Count 6777329

https://api.dune.com/api/v1/query/6777329/results?limit=5000

Mar 25, 12:06 AM

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StrategyAnalytics Query

Dune Query Defi Route 6777407

https://api.dune.com/api/v1/query/6777407/results?limit=5000

Mar 25, 12:05 AM

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StrategyAnalytics Query

Dune Curated Stablecoins Catalog

https://docs.dune.com/data-catalog/curated/stablecoins/overview

Mar 25, 12:05 AM

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StrategyAnalytics Query

Defillama Api Docs

https://api-docs.defillama.com/

Mar 25, 12:05 AM

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StrategyRegulatory Docs

Cnad Stablecoin Issuance

https://cnad.gob.sv/how-to-register/register-an-issuance/stable-coin-offer/

Mar 25, 12:05 AM

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StrategyRegulatory Docs

Cnad Stablecoin Eligibility

https://cnad.gob.sv/stablecoins-eligible-for-trading/

Mar 25, 12:04 AM

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StrategyAnalyst Manual

Analyst Manual Rubric

https://stabletree.ai/docs/internal/strategy-manual-rubric

Mar 25, 12:04 AM

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TransparencyOnchain Dashboard

Tether Transparency Page Data

https://tether.to/page-data/en/transparency/page-data.json

Mar 25, 12:02 AM

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TransparencyIssuer Page

Tether Transparency Page

https://tether.to/en/transparency/

Mar 25, 12:02 AM

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ReserveIssuer Page

Tether Transparency Page

https://tether.to/en/transparency/?tab=reports

Mar 25, 12:02 AM

last fetch

TransparencyIssuer Report

Tether Attestation Q4 2025 Pdf

https://assets.ctfassets.net/vyse88cgwfbl/20d2BoOAd28ZfkiQPYPjGN/4ed12f5939e1e06ee5aceccad4effbe4/ISAE_3000R_-_Opinion_Tether_International_Financial_Figure_31-12-2025.pdf

Mar 25, 12:02 AM

last fetch

ReserveIssuer Report

Tether Attestation Q4 2025 Pdf

https://assets.ctfassets.net/vyse88cgwfbl/20d2BoOAd28ZfkiQPYPjGN/4ed12f5939e1e06ee5aceccad4effbe4/ISAE_3000R_-_Opinion_Tether_International_Financial_Figure_31-12-2025.pdf

Mar 25, 12:02 AM

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RedemptionIssuer Page

Tether Transparency Page Data

https://tether.to/page-data/en/transparency/page-data.json

Mar 25, 12:02 AM

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RedemptionIssuer Terms

Tether Redeem Kb

https://tether.to/en/redeem-tethers-to-fiat-currency

Mar 25, 12:01 AM

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