Data questions
Is USDT fully backed?
As of , the latest USDT attestation (BDO Advisory Services S.r.l., issued ) reports reserves of $187,751,426,411 against $183,622,105,630 of tokens issued, group-wide, not USDT alone. ReserveBeat measured 88,302,633,055.70 USDT on-chain on ethereum at . That reading covers one chain at another time; none of these figures is a verdict.
The answer, from the board
STALE states age, not lateness: the newest report ReserveBeat holds for this token is older than the cadence expected for it, which can happen while the next report is not yet due.
| Measure | Figure | As of |
|---|---|---|
| Reserves reported | 187751426411.000000 | 2026-06-30 |
| As reported in Tether's attestation dated 2026-06-30, prepared by BDO Advisory Services S.r.l. | ||
| Liability reported (USD) | 183622105630.000000 | 2026-06-30 |
| As reported in Tether's attestation dated 2026-06-30, prepared by BDO Advisory Services S.r.l. | ||
| Supply measured on ethereum | 88302633055.702652 | 2026-10-19T10:17:59Z |
Tether's report covers its whole consolidated group, so the reserve and liability figures describe the group rather than USDT alone, and the liability is stated in dollars. The supply row is ReserveBeat's own reading on the chain it names and nowhere else, so it is not the token's total supply and is never divided into the reserves here.
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Cite this
Data: ReserveBeat — https://reservebeat.com/questions/is-usdt-fully-backed — figure as reported in Tether's attestation dated 2026-06-30.
Source reportData: ReserveBeat — https://reservebeat.com/questions/is-usdt-fully-backed — supply measured on ethereum at 2026-10-19T10:17:59Z.
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