Tether (USDT)

Tether (USDT) is a stablecoin designed to maintain a 1:1 peg with the U.S. dollar, aiming to provide price stability in the volatile cryptocurrency market. On August 26, 2026, USDT was consistently valued at approximately $1.00. Its market capitalization on this date was around $183.35 billion, with an issuance of approximately $184.6 billion. Tether completed its first full independent financial audit with KPMG U.S., receiving an unqualified audit opinion on its 2025 financial statements, reinforcing its commitment to transparency. This stability makes Tether a popular choice for traders seeking to mitigate risk or facilitate transactions within the crypto ecosystem.