AUSDT, issued by Tether International, S.A. de C.V., is a fiat-pegged stablecoin that maintains a 1:1 peg to the U.S. dollar (USD) and is backed 100% by reserves held by the issuer. [S1][S2]

Each token represents a contractual right to redeem at the pegged value of one USD less applicable fees, and does not pass through yield to holders. [S1][S2] Reserves include U.S. Treasury bills, cash, and cash equivalents. [S2] Holders acquiring or redeeming directly in the Primary Market bear a 0.1% acquisition fee, a redemption fee of the greater of 1,000 USD or 0.1%, and a non-refundable verification fee of 150 USD. [S3]

Tether International, S.A. de C.V. redomiciled to the Republic of El Salvador effective January 27, 2025, and is authorised as a Stablecoin Issuer and Digital Assets Service Provider subject to the National Commission of Digital Assets (CNAD). [S1] Tokens are backed by reserves but are not fiat, legal tender, or segregated assets held in the holder's name, and carry no FDIC or SIPC protection. [S1] Acquisition requires KYC/AML verification; Prohibited Persons including U.S. Persons, Canadian Persons, and Singaporean Persons are barred. [S1] Redemption occurs at one USD per token less fees to a bank account in the holder's name, with a 100,000 USD minimum. [S1][S3]

Tether tokens are issued on multiple blockchains including Algorand, Avalanche, Celo, Cosmos, Ethereum, EOS, Liquid Network, Near, Polkadot, Solana, Tezos, Ton, and Tron. [S2] Tether mints tokens only when KYC-verified customers purchase them and receives fiat in the Primary Market, transferring equivalent tokens and burning them upon redemption. [S2][S1]

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  retrievedAt="2026-06-19"
  items={[
    { id: "S1", url: "https://tether.to/en/legal/" },
    { id: "S2", url: "https://tether.to/en/how-it-works/" },
    { id: "S3", url: "https://tether.to/en/fees/" },
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# Asset transfer count methodology

## 1. Overview

Asset transfer count is defined as the number of user transactions that move assets between addresses. It is utilized to reflect how frequently assets are used for payments, trading, or other onchain activity. The metric is calculated daily for each tracked asset across all supported blockchains. By aggregating these transfer events, a comprehensive view of onchain utility and transactional velocity is provided.

## 2. Data sources

- **EVM chain events**: ERC-20 token transfers, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: SPL token transfers
- **Other blockchain events**: Token transfers, withdrawals, and mint events across non-EVM chains (Solana, Aptos, Near, Polkadot Asset Hub, Stellar, and others)
- **Asset metadata**: Token addresses and decimal precision

## 3. Step-by-step calculation

### Component A: Extract and count raw transfer events

- **Purpose**: Identify and count individual token transfer events on a daily basis for each asset.
- **Logic**: On EVM-compatible chains, ERC-20 token transfers are parsed and counted. On Solana, SPL token transfers are parsed and counted. On Aptos, Near, and Ripple, token transfers and withdrawals are parsed and counted. On Stellar, classic token withdrawals and Soroban token transfers are aggregated. On Sui, token withdrawals and token mint events are aggregated. On Cardano, UTXO withdrawals and token mint events are aggregated. On Polkadot Asset Hub, `Transferred` events from the `assets` pallet are parsed.
- **Key fields**: `token_address`: The unique identifier of the token contract or asset. `block_timestamp`: The timestamp of the transaction block.

### Component B: Daily aggregation and zero-filling

- **Purpose**: Aggregate the daily transfer counts per asset and ensure continuous time-series data.
- **Logic**: The extracted transfer counts are aggregated daily for each token address on its respective chain. For days where no transfer activity is recorded for a tracked asset, the time series is filled with zero values to ensure a continuous daily record.
- **Key fields**: `timestamp`: The day of the activity. `asset_transfer_count`: The daily count of transfers per token on a specific chain.

### Component C: Final aggregation

- **Purpose**: Combine the daily transfer counts across all supported chains for each asset.
- **Logic**: The daily transfer counts from all individual chains are combined. Token addresses are mapped to unique asset identifiers using asset metadata. The final daily asset transfer count is then aggregated across all chains for each asset.
- **Key fields**: `timestamp`: The day of the activity. `asset_transfer_count`: The total aggregated daily transfer count for the asset.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Number of transfer transactions involving the asset.

Asset transfer count

Stablecoins

Users deposit funds into Tether account and receive USDT at a 1:1 rate.

Tether is a financial technology company that is the principal architect of USDT - full-reserve fiat stablecoin that bring US dollar liquidity on-chain.

Tether is a private company owned by the Hong Kong-registered iFinex Inc.

twitter

website

Stablecoin issuers

Tether

Alloy Tether (AUSDT) is a U.S. dollar stablecoin issued by Tether through Moon Gold NA, S.A. de C.V.

Each token tracks one U.S. dollar and is a collateral-backed contractual exposure rather than a direct claim on the issuer.

Reserves are held in crypto assets, attested quarterly by HT Digital Ltd.

Retail investors and institutions can mint and redeem directly with Tether after completing KYC.

Moon Gold NA, S.A. de C.V. is incorporated in El Salvador and is supervised by El Salvador's National Commission of Digital Assets (CNAD).

Holder terms are governed by the law of the British Virgin Islands.

AUSDT has been issued on Ethereum as an ERC-20 token since June 2024.

Alloy TetherAUSDT