USDT balances fell 4.6 billion: What it means for the Tether USDt price

Published on 10/21/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

USDT supply stood at 183 billion on October 20, 2026. The Tether USDt price is 0.9989 USD on October 21, 2026.

Supply and market structure

Exchange balances across 19 platforms fell by 4.6 billion USD between early July and October 1, 2026.
Allium measured adjusted USDT supply at 190.00 billion USD on October 12, 2026, equal to 61 percent of tracked stablecoin supply.
The Tether USDt price stands at 0.9989 USD as of October 21, 2026, 21:52 UTC.
Reserve attestations differ from full audits, a distinction noted by Allium on October 14, 2026.

Tether USDt, XCRYPTOUSDT4, Illustration mit AI erstellt.

Tether USDt (USDT) balances held across 19 major exchanges and lending platforms fell by 4.6 billion USD between early July and October 1, 2026, according to TradingView. The Tether USDt price trades at 0.9989 USD as of October 21, 2026, 21:52 UTC, according to Investing.com.

USDT balances fell 4.6 billion USD by October 1, 2026

The report said Bybit recorded the largest single-platform USDT outflow in the dataset, at 1.66 billion USD, while its RLUSD balance increased by 315 million USD. Overall USDT supply declined by 647 million USD through September 2026, and the report put the total at 183 billion USD on October 20, 2026, according to TradingView.

Allium measured 61 percent of stablecoin supply

Allium reported that adjusted on-chain USDT supply reached 190.00 billion USD on October 12, 2026, representing close to 61 percent of the tracked stablecoin market. The adjusted measure removes duplicated bridged balances, which can appear on more than one blockchain, according to Allium.

Allium also reported that USDT and USDC together accounted for 83.3 percent of adjusted stablecoin supply on October 12, 2026. The firm described Tether's reserve disclosures as accounting attestations rather than full financial audits, according to Allium.

Investing.com lists a 182.97 billion USD market value

The Tether USDt price is 0.9989 USD as of October 21, 2026, 21:52 UTC, according to Investing.com. Its daily high is 0.9995 USD and its daily low for the UTC day is 0.9988 USD. Investing.com lists a market capitalization of 182.97 billion USD, rank three, 59.60 billion USD in 24-hour volume and circulating supply of 183.18 billion USDT.