USDT Dominance (USDT.D)
Tether's (USDT) share of the total crypto market cap, next to USDC and the two combined. This is a current reading, refreshed about every 10 minutes from CoinGecko; its history is not free, so there is no chart.
Source time: 2026-10-22 00:39:00 UTC
Current reading, no history Powered by CoinGecko
Share of total crypto market cap
Total crypto market cap $2.83T- Tether (USDT)6.44%
- USD Coin (USDC)2.56%
- Everything else91.00%
Bitcoin's share and the altcoins' sit on Bitcoin dominance; compare with the altcoin season index.
Estimated 24h direction
EstimateEstimate: USDT.D was about 6.35% 24 hours ago and is 6.44% now (+0.09 points): rising.
Formula: USDT share 24h ago ≈ USDT share × (1 + 24h change in total market cap ÷ 100), here 6.44% × (1 + (-1.38) ÷ 100). Assumption: USDT's market cap did not change over the 24 hours. Tether's supply does move, so this is a rough direction and not a measurement.
USDT dominance FAQ
What is USDT dominance today?
USDT is 6.44% of the total crypto market cap of $2.83T (USDC 2.56%, the two together 9.00%), according to CoinGecko's latest reading on this page.
What is USDT dominance?
Tether's market capitalisation divided by the market capitalisation of all cryptocurrencies, as a percentage. TradingView charts it as USDT.D. Because USDT is pegged to the dollar, its share moves mostly with the rest of the market.
What does rising or falling USDT dominance mean?
A rising share usually means the rest of the market is falling faster than USDT, which holders often read as a move into dollars (risk-off). A falling share usually goes with other coins rising, or capital leaving stablecoins (risk-on). It can also move because USDT supply changes, so it is a context signal, not a trading signal. Not financial advice.
How is USDT.D different from Bitcoin dominance?
Bitcoin dominance (BTC.D) is Bitcoin's share; USDT.D is Tether's. They often move in opposite directions in a sell-off, but both can rise at once while altcoins fall. See Bitcoin dominance for BTC, ETH and the largest coins.
Why does this differ from TradingView's CRYPTOCAP:USDT.D?
Each site divides by a different list of coins. This page uses CoinGecko's /global total, which counts thousands of coins; TradingView's CRYPTOCAP index uses its own, smaller universe, so the percentages differ even when the direction agrees.