USDT on Linea is backed 1:1 by USDT locked in Linea’s canonical bridge on Ethereum. USDT is collateralized by reserves held by Tether. USDT is fully redeemable for its USD reserves, helping maintain the $1 peg.
USDT is a large-cap undercollateralized asset. This asset depends on two centralized entities for custody services. This asset is exposed to the underlying risks of Linea bridge, a protocol rated as Good.
USDT is a stablecoin that consistently trades within 10bps of its peg to USD, which makes it a great store of value.
Linea bridge
USDT does not have a supply schedule. USDT on Linea is backed 1:1 by USDT locked in Linea’s canonical bridge on Ethereum. USDT is collateralized by reserves held by Tether. USDT is fully redeemable for its USD reserves, helping maintain the $1 peg.