Tether Unlock Schedule
USDT supply is elastic rather than scheduled. We have not recorded scheduled unlocks for Tether.
Verified How we verify
Key facts
| Emission model | Inflationary |
|---|---|
| Circulating supply | 183.4B USDT |
| Maximum supply | No fixed cap |
Upcoming unlocks
We have not verified a token unlock schedule for Tether.
Supply and emission
USDT supply is elastic rather than scheduled. Tokens are issued against reserves and destroyed on redemption, so supply tracks demand with no cap, no emission curve, and no vesting. Tether states that information about tokens in circulation is typically published daily, with quarterly attestation reports covering reserves. Any circulation figure is therefore a point-in-time reading rather than a step on a schedule, and no dated unlock events exist.
Frequently Asked Questions
- How much of Tether supply is still locked?
- About 5.5B USDT is not yet circulating, 2.89% of the total supply of 188.9B USDT, as of September 5, 2026. Not all of that is on a published unlock schedule.
- Where does this data come from?
- Unlock dates and amounts are taken from Tether's own project documentation and recorded by RampAtlas. This page was verified on September 2, 2026.