In short: Tether issues USDT (issuing entity: Tether Operations, S.A. de C.V. / Tether International, S.A. de C.V. (El Salvador); parent Tether Holdings Ltd (BVI)). Headquarters: San Salvador, El Salvador (relocated Jan 2025). Status: Active. Licences on record: 3 (1 authorised; 0 confirmed on a regulator's official public register). Reserve reports: quarterly (BDO (Italia)). Reference data as of 2026-10-26.
Tether Not verified
Company
Products & supply LIVE
USDT$182.37B · -6.5 bpsDistribution
Products REFERENCE · issuer official site · as of 2026-10-26
USD stablecoin
Gold-backed token
Self-custodial wallet SDK
Asset tokenization platform
Official partners (0) REFERENCE · issuer official site · as of 2026-10-26
Licences & authorisations worldwide (3 · 0 ✓ verified on register) REFERENCE · regulator registers / issuer disclosures · as of 2026-10-26
| Jurisdiction | Regulator | Licence / status detail | Date | Status | Evidence |
|---|---|---|---|---|---|
| SV | CNAD (El Salvador) | Digital Asset Service Provider / stablecoin issuer licence | Dec 2024 – Jan 2025 | Authorized | Reported |
| EU | — | MiCA EMT authorisation | — | Not authorised — USDT restricted for EEA retail on major CASPs | Reported |
| US | OCC | USA₮ issued separately by Anchorage Digital Bank N.A. (OCC) — not Tether | 2026 | Not Applicable | Reported |
Reserves, custody & attestation
Redemption terms
Direct redemption for verified customers; minimum and fees apply (see tether.to fees)
Controls: freeze / clawback / admin
Frozen / blacklisted / seized
| Metric | Value | Source | As of |
|---|---|---|---|
| Wallets frozen (7 chains) | 12,242 | Eagle Virtual ↗ | 2026-10-25 |
| Seize events (balance destroyed) | 2,577 | Eagle Virtual ↗ | 2026-10-25 |
| Total USDT frozen (ETH+Tron) | $5.69B · 9,597 addresses | BlockSec tracker ↗ | 2026-07-26 |
| Frozen (issuer statement) | >$5B | Tether ↗ | 2026-09-28 |
Government & public sector partnerships (3) REFERENCE · issuer newsroom / official government sites · as of 2026-10-26
Plan ₿ (2022) → Phase II 2026–2030 — Renewed MoU: up to CHF 5M in-kind contribution for digital infrastructure, resilience and training; bitcoin/stablecoin payments in municipal life
Blockchain & P2P infrastructure — MoU to support crypto legal framework, tokenisation, digital-currency payment infrastructure and education
Blockchain & P2P infrastructure — MoU to develop blockchain, bitcoin and peer-to-peer infrastructure
Government & law-enforcement cooperation
Works with 340+ agencies in 70 countries; 2,850+ investigations; >$5B frozen incl. >$2.4B linked to US authorities (Tether, 28 Sep 2026)
source ↗$344M frozen across 2 addresses with OFAC & US LE (23 Apr 2026); ~$550M Iran-linked frozen in 2026
source ↗Dec 2023: onboarded US Secret Service and began onboarding the FBI to its platform; assists DOJ in investigations and victim recovery
source ↗