USDT is a centralized stablecoin backed by USD reserves held by Tether.

USDT

Tether USD (zkSync)

$1.00

Risk Rating

yellow

Average

Blockchain

* [Contract address](https://explorer.zksync.io/address/0x493257fD37EDB34451f62EDf8D2a0C418852bA4C) 
* [Website](https://linea.build/) 
* [Community](https://lineascan.build/token/0xA219439258ca9da29E9Cc4cE5596924745e12B93) 
* [Discord](https://discord.com/invite/consensys) 
* [Twitter](https://twitter.com/LineaBuild) 
* Asset Type: ERC-20

Info

* Volume (24H): $5.1M 
* ATH: $2.02 (02/03/2024) 
* ATL: $0.95 (08/05/2024)

Key Metrics

Information

Tether USD (zkSync) 0x493257fD37EDB34451f62EDf8D2a0C418852bA4C USDT is a centralized stablecoin backed by USD reserves held by Tether.

USDT Pools

**USDT** is a large-cap asset with questionable collateral reserves. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of zkSync Bridge, a protocol rated as Average. 

**USDT** is a stablecoin that consistently trades within 10bps of its peg to USD, which makes it a great store of value.

Asset Strength

Dependencies

**USDT** has an uncapped supply but has inflation control or burn mechanisms in place.

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Tether USD (zkSync)

USDT is a centralized stablecoin backed by USD reserves held by Tether.