Tether
Research notes
The peg deviation in basis points, currently recorded at negative 7.19 basis points, measures how far USDT's price sits from exactly one dollar, and sustained or widening deviation in either direction would signal stress in the mechanism that keeps the token anchored. The stablecoin supply change over the last 30 days, recorded at 0.36 percent, reflects whether new tokens are being minted or redeemed in net terms, which describes demand conditions across the networks where USDT circulates. The dilution overhang, at 2.97 percent, represents the share of authorized supply not yet in circulation, and changes there would indicate whether Tether Limited is expanding or contracting issuance. Downside deviation, at 0.356 on an annualized basis over the trailing 90 days, captures the magnitude of below-peg price moves specifically, making it a more targeted gauge of peg stability than a general volatility figure.
Written by an AI language model from the figures listed below, on 14 Oct 2026 09:22 UTC.
