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US

Tether USD

EthereumStablecoin Verified Token

USDT Token
Intelligence

Contract0xdAC17F…831ec7
Open Contract Analysis
FreeBlock Safety Score LIVE
58/100
MEDIUM Safety
Price
$1.0001
24h Change
+0.02%
Market Cap
$110.4B
Liquidity
$420.7M
Holders
5.82M+
Volume 24h
$48.2B
AI Risk Overview

Medium Risk · Centralized Stablecoin

An investor-friendly explanation of how this token behaves and what to watch.

FreeBlock AI Verdict · v4.2.1 · Confidence 94%

USDT is a highly liquid centralized stablecoin with strong exchange support. The token includes blacklist and freeze permissions controlled by the issuer.

Market Risk
LOW
Centralization
HIGH
Liquidity Risk
LOW
HIGH
Centralized Control
Issuer holds full administrative authority over the token contract.
HIGH
Blacklist Enabled
Wallet addresses can be blocked from sending or receiving USDT.
HIGH
Freeze Function
Issuer can freeze any wallet balance at the contract level.
LOW
High Liquidity
Deep DEX and CEX liquidity across 180+ markets.
MEDIUM
Exchange Dominance
Majority of supply held in centralized-exchange wallets.
LOW
Stablecoin
1:1 USD peg backed by off-chain reserves attestations.
Market Intelligence

Price · Liquidity · Supply

USDT / USD · 24H
$1.0001+0.02%
Market Cap
$110.4B
FDV
$110.4B
Liquidity
$420.7M
Volume 24h
$48.2B
Circulating
110.39B
Total Supply
110.39B
All-Time High
$1.32
All-Time Low
$0.572
Holder Intelligence

Who actually holds this token

Concentration, exchange exposure, smart-money flow and deployer behaviour.

MEDIUM
Top 10 Holder Concentration
62.4%
AIHeavy concentration but mostly across exchange-controlled wallets.
LOW
Exchange Wallet Exposure
47.8%
AIBinance, OKX, Coinbase and 44 other CEX wallets dominate distribution.
LOW
Whale Wallet Exposure
18.2%
AI284 wallets hold > 1M USDT. Distribution stable over 30d.
LOW
Fresh Wallet Activity
12.4K
AINew wallets created in last 7 days within historical baseline.
LOW
Smart Money Activity
+$184M
AITracked smart-money wallets net-bought USDT into stables this week.
MEDIUM
Deployer Wallet Holdings
0.04%
AIDeployer retains minimal balance; admin actions executed via multisig.
Liquidity & Trading

Market depth and trading health

Liquidity Depth
Healthy
$420.7M
±2% slippage on a $5M trade
DEX Liquidity
Healthy
$184.0M
Uniswap V3, Curve, Balancer
CEX Availability
Healthy
180+
Listed on every Tier-1 venue
Liquidity Lock
Moderate
N/A
Issuer-managed, not on-chain locked
Buy / Sell Activity
Healthy
1.4M tx
Balanced 24h flow, no panic skew
Whale Inflows 24h
Healthy
+$214M
Net positive into CEX hot wallets
Top Trading Pairs
USDT / WETH
Uniswap V3
$92.4M
$1.2B vol
USDT / USDC
Curve 3pool
$118.0M
$840M vol
USDT / WBTC
Uniswap V3
$48.2M
$320M vol
USDT / DAI
Curve
$61.0M
$210M vol
Large Recent Swaps LIVE
BUY
$2.4M
0x9a4c…12fe
12s ago
SELL
$1.1M
0x4be1…77ad
38s ago
BUY
$840K
0xb11d…04c2
1m ago
BUY
$3.6M
0x7f02…9a1c
2m ago
SELL
$612K
0x2c98…e210
3m ago
AI Explains This Token

Plain-English breakdown

Designed to be readable by every investor — not just developers.

AI · What this token does

USDT is the largest USD-pegged stablecoin. Each token is intended to be backed 1:1 by reserves held by the issuer and is widely used for trading, settlement and on-chain payments across 12+ chains.

AI · How it is commonly used

Traders use USDT as the base unit on most centralized exchanges, DeFi users park value in it during volatility, and it serves as a settlement layer for OTC desks, payroll providers and remittance corridors.

AI · Main strengths

Deepest stablecoin liquidity in crypto, near-instant settlement on multiple chains, broad integration across CEX and DEX venues, and predictable peg behaviour.

AI · Main risks

The issuer can blacklist wallets, freeze balances and mint new supply at any time. Reserve composition is off-chain and depends on attestations rather than real-time proof-of-reserves.

AI · Who controls the token

A multisig wallet operated by the issuer holds full administrative rights, including blacklist, pause and mint. Historical actions include freezing wallets linked to sanctions and exploits.

AI · Why traders monitor it

USDT flows often lead market moves: large mints frequently precede risk-on rallies, while net redemptions can signal de-risking. Monitoring CEX inflows/outflows is a standard market-structure signal.

Frequently Asked

USDT Token FAQ

USDT carries low market risk thanks to dominant liquidity and stablecoin design, but elevated centralization risk because the issuer can blacklist, freeze or mint at any time. Composite verdict: MEDIUM.
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