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Ethereum · ERC-20

Is USDT Safe? Tether USD Risk Overview

Fiat-backed US dollar stablecoin issued by Tether.

Contract Identity

Token
Tether USD (USDT)
Chain
Ethereum
Standard
ERC-20
Decimals
6
Contract
0xdAC17F958D2ee523a2206206994597C13D831ec7

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Key Risk Considerations

  • Centralized issuer (Tether) — the contract can freeze balances of specific addresses.
  • Non-standard behavior: the classic USDT contract does not return a boolean on transfer, which can break naive integrations (use SafeERC20).
  • Check liquidity for the specific trading pair and venue you intend to use; this profile does not measure current market depth.

What a Sentinel Scan Checks

Honeypot signals

Checks third-party honeypot, sell-restriction, and transfer-tax signals.

Holder concentration

Measures top-wallet concentration when coherent provider evidence is available.

Liquidity depth

Examines same-chain DEX liquidity, pool age, and pool composition.

Owner permissions

Checks available indicators of owner, mint, pause, blacklist, and fee controls.

Proxy pattern

Checks provider and source indicators of upgradeable proxy contracts.

Source availability

Checks explorer-verified source and ABI availability; does not independently recompile bytecode.