Tether USD USDT
Low risk
10/100 risk score
Tether USD is issued by Tether, the named issuer of this regulated stablecoin. Tether keeps the power to upgrade the contract, mint, freeze and blacklist wallets — standard for a regulated stablecoin, and not a rug risk. Low risk.
Control powers
- Upgrade administrator — An administrator can replace the contract code, so the rules can change after you buy. read on-chain
- Owner still in control — This token still has an owner who can act on it. read on-chain
Liquidity & holders
- Thin on-chain liquidity — On-chain trading pools hold $34k — thin enough that selling on-chain moves the price. reported by the market feed
- No project-owned trading pool — Not applicable — this token does not have a single project-owned trading pool; it trades in many pools run by other parties, so there is no LP position for its issuer to lock or burn. from the issuer registry
Code & history
- Issuer can block individual wallets — Tether can block individual wallets from holding or moving Tether USD. This is a disclosed power of the named issuer, not a hidden one. from the issuer registry
- Issuer can create new tokens — Tether can create new Tether USD. This is a disclosed power of the named issuer, not a hidden one. from the issuer registry
- Issuer can freeze transfers — Tether can freeze or pause transfers of Tether USD. This is a disclosed power of the named issuer, not a hidden one. from the issuer registry
What matters here
- No supported control power was confirmed at the block that was checked, but 10 of the checks could not run. That is not a clean result and is not being presented as one.
- A check that could not run is not a check that passed.
- This covers what the contract code allows - not who is behind the project, or what they intend to do.
Market
$0.9991
pool price, reported by the market feed
+0.00%
reported by the market feed
$34,499
reported by the market feed
13
reported by the market feed
| on-chain pools seen | 13 |
| Quoted against | USDC |
$0.9997
median across 4 centralized exchanges, reported
$91,621,704
4 centralized exchanges; USD-quoted pairs only
$833,912,996
reported by the market feed; circulating-supply basis
$833,912,996
reported by the market feed
4
read from each exchange's own public market list
Also listed on 4 centralized exchanges, including Binance, Kraken and OKX. read from each exchange's own public market list
Open the full evidence and provenance
Compare Tether USD with another token on this chain — two at a time, differences marked.
Watch via RSS — no account needed. New entries when the answer about this token changes, and no entry when it does not.
What we know about this token
$15
reported by the market feed
Arbitrum
verified on-chain
0xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9
verified on-chain
$833.9M
reported by the market feed
Tether USD
reported by the security feed
$0.9991
reported by the market feed
USDT
reported by the security feed
0x13398E27… on uniswap
reported by the market feed
1845 days ago
reported by the market feed
How long this has existed
| Domain registered | 11 years ago | from the domain registry (RDAP) |
| Website first archived | 12 years ago | from the Internet Archive |
What this scan does not establish
- Can it be sold? — no source answered this question for this token, so nothing is claimed either way.
- What does selling cost? — no source answered this question for this token, so nothing is claimed either way.
- What does buying cost? — no source answered this question for this token, so nothing is claimed either way.
- Can anyone change balances directly? — no source answered this question for this token, so nothing is claimed either way.
- Is there a hidden owner? — no source answered this question for this token, so nothing is claimed either way.
- Is the code published? — no source answered this question for this token, so nothing is claimed either way.
- How much do the largest holders hold? — no source answered this question for this token, so nothing is claimed either way.
- This is an automated read of public on-chain data and labelled provider feeds at one moment in time. It is not an audit, it does not execute the contract's logic path by path, and a token can change after it is scanned.
Evidence runs for this address
| Collected | Pinned to | Provider agreement | Assessment at the time |
|---|---|---|---|
| 6 Aug 2026 | Finalized block 491672590 | Verified | recorded under an earlier method |
About Tether USD
Tether USD (USDT) is a token on Arbitrum. Its main trading pair has existed for 1845 days on uniswap. The selected venue feed reports a price of $0.9991, $34,499 in its largest observed DEX pair and $15 of 24-hour volume across 13 pair(s). Contract controls, holder coverage, liquidity control and market quality are assessed separately; market activity does not improve or reduce the security-risk assessment.
| Exact address | 0xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9 |
| Network | Arbitrum |
| Project website | https://tether.to |
| Main observed pair created | 1 Sep 2021 |
Community notes