Tether Launches Key Metrics Portal at usdt.network to Enhance Transparency

Tether, the issuer of the world’s largest stablecoin USDT, has announced the launch of its new Key Metrics portal at usdt.network, to bolster transparency and user trust in its operations. The portal provides real-time data and insights into Tether’s stablecoin ecosystem, offering users a comprehensive view of critical metrics surrounding USDT’s circulation, reserves, and network activity.

The usdt.network portal features detailed breakdowns of USDT’s total issued supply, currently standing at over 143.6 billion tokens as of Q1 2025, alongside reserve assets totaling 149.3 billion, including 5.6 billion in excess reserves. Users can access information on USDT’s distribution across multiple blockchains, such as TRON, which hosts over $75 billion in USDT supply, surpassing Ethereum as the leading blockchain for Tether transactions. The portal also highlights Tether’s substantial holdings, including $152.5 billion in U.S. Treasury bills, over 100,000 Bitcoin, and more than 50 tons of gold, underscoring its role in global dollar liquidity and treasury diversification.

Designed to promote accountability, the Key Metrics portal aligns with Tether’s ongoing efforts to address past controversies regarding reserve transparency. The platform offers a user-friendly interface to track trading volumes, market capitalization, and reserve compositions, with daily updates and quarterly attestations, including the latest Q1 2025 report conducted under regulatory supervision in El Salvador. Tether’s CEO emphasized the portal’s role in fostering trust, stating,

The portal’s development is viewed as a culmination of years of data processing and collaboration with analytics firms like Chainalysis, Artemis, and KaikoData. The portal is a response to growing regulatory scrutiny and competition from decentralized stablecoins, reinforcing Tether’s dominance in the $244 billion stablecoin market, where USDT holds a 70% share.