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Tether (Linea)

USDT

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.

Risk Rating
Average
What is Tether (Linea)?
Information
Blockchain
  • Linea
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Average
Asset Strength

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.

Dependencies

Linea bridge

Asset Tokenomics

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.

Things to know about USDT
USDT Pools
Aave USD Lending
4.8%
Yield
$11M
TVL
Risk
C
Protocol
Aave V3
Chain
Linea