Stablecoin supply rose 1.29 percent: What it means for the Tether USDt price
Published on 10/16/2026 at 22:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSupply, reserves and the peg
- On October 6, 2026, the wider stablecoin supply rose 1.29 percent to 313 billion USD.
- Tether held 58.7 percent of that supply, representing 184 billion USD in the report.
- The Tether USDt price stands at 0.9995 USD as of October 16, 2026, near the 1.00 USD target.
- Adjusted USDT supply reached 190 billion USD on October 12, 2026, according to Allium data.
Tether USDt (USDT) is part of a stablecoin market that rose 1.29 percent to 313 billion USD in September. The Tether USDt price is 0.9995 USD as of October 16, 2026, while a CoinDesk Research report dated October 6, 2026, put Tether's share of stablecoin supply at 58.7 percent.
Stablecoin supply reached 313 billion USD in September
A stablecoin is a digital token designed to track a reference asset, such as the US dollar. According to CoinDesk Research, total stablecoin supply rose 1.29 percent to 313 billion USD in September, while Tether held 58.7 percent of the market at 184 billion USD. The report also said centralized-exchange stablecoin-pair volume exceeded 1 trillion USD during the month.
The report recorded Tether's share at 58.7 percent, down from 59.4 percent, while USDC rose 0.70 percent to 74.6 billion USD. These figures describe market composition rather than a change to the USDT dollar target.
USDT adjusted supply reached 190 billion USD
On October 12, 2026, adjusted on-chain USDT supply reached 190 billion USD, according to Allium. Adjusted supply removes duplicated bridged tokens, and the data placed USDT at close to 61 percent of the adjusted stablecoin market.
A separate October 12, 2026 assessment by Admiral Markets cited Tether's June 30, 2026 attestation, which reported 187.75 billion USD in assets against 183.64 billion USD in liabilities. It also reported 4.11 billion USD in excess reserves at that date. The same assessment said USDT was not authorized under the European Union's Markets in Crypto-Assets framework as of October 12, 2026.
USDT trades at 0.9995 USD on October 16
According to Investing.com, Tether USDt trades at 0.9995 USD as of October 16, 2026. The daily high is 1.0001 USD and the daily low (UTC day) is 0.9995 USD. Investing.com lists market capitalization at 183.84 billion USD, rank 3, 24-hour volume at 87.19 billion USD and circulating supply at 184.05 billion USDT. The price is assessed against the 1.00 USD target; the reference for any daily comparison is the UTC daily close of October 15, 2026.
Tether USDt by the numbers on October 16, 2026
- Cryptocurrency: Tether USDt
- Ticker: USDT
- Price (as of October 16, 2026): 0.9995 USD
- Daily high / daily low (UTC day): 1.0001 USD / 0.9995 USD
- Market capitalization: 183.84 billion USD (rank 3)
- 24-hour volume: 87.19 billion USD
- Circulating supply: 184.05 billion USDT
