Is Tether a scam?
Asked about Tether (USDT), market cap rank #3.
Short answer
Tether (USDT) is rated AAA on isthiscoinascam.com. This is a high score, indicating low scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-05-24
Positive signals
- Widely used as a stablecoin across multiple blockchain ecosystems
- Provides quarterly attestations of reserves by BDO Italia
- Maintains active social media presence and community engagement
Security audits
1 audit on record.
- BDO Italia (2021-03-31) — pass
See the full report
Live price, contract security details, holder distribution, audit list, founder background and community ratings.
Open the full Tether report →