USDTvsUSDX
Tether vs USDX Money USDX — side-by-side comparison of supply, chains, backing, and peg data.
Side-by-side
USDT — Tether
USDX — USDX Money USDX
30-day peg stability dotted line = target · both charts share one scale
What the last 30 days show
Supply moved almost identically over the last 30 days: USDT +0.2%, USDX +0.0%. USDT held the tighter band: worst deviation 9 bps against 9912 bps.
Key differences
- USDT is roughly 268.1× larger than USDX by USD circulation value ($183.24B vs $683.4M).
- USDT ranks #1 while USDX ranks #18 among all tracked stablecoins.
- Both are pegged to the same currency (USD), so they compete directly for the same use cases.
- USDT is a fiat-backed stablecoin; USDX is crypto-backed. Different mechanism, different failure modes.
- USDT reports cash & t-bills in reserve. We do not track a published reserve breakdown for USDX.
- USDT is deployed on 130 chains — much broader coverage than USDX's 3.
- Primary chain differs — most USDT supply lives on Tron, while most USDX supply is on BSC.
Full comparison table
| Metric | USDT | USDX |
|---|---|---|
| USD circulation value | $183.24B | $683.4M |
| Rank (by USD value) | #1 | #18 |
| Peg | USD | USD |
| Mechanism | fiat-backed | crypto-backed |
| Backing | Cash & T-bills | — |
| Chains deployed | 130 | 3 |
| Primary chain | Tron | BSC |
| Issuer | Tether Limited | — |
| CoinGecko | View → | View → |
Frequently Asked Questions
What's the main difference between USDT and USDX?
Both track USD, so they compete for the same use cases. USDT holds cash & t-bills. We track no published reserve breakdown for USDX. USDT ranks #1 by USD value and USDX ranks #18.
Which is bigger, USDT or USDX?
USDT is larger, with $183.24B in circulation vs $683.4M for USDX. That's roughly 268.1× the size.
Is USDT safer than USDX?
Neither is inherently safer. Safety turns on reserve composition, issuer transparency, redemption rights and regulatory oversight — none of which this page audits. USDT uses a fiat-backed model; USDX uses a crypto-backed one. Read each issuer's most recent reserve attestation before choosing.
Can I convert between USDT and USDX?
Yes. USDT and USDX both trade on major centralized and decentralized exchanges. Since both track USD, the exchange rate is typically very close to 1:1. Direct swap protocols on Ethereum, Solana, and other chains offer the tightest spreads.
Should I choose USDT or USDX?
The right choice depends on your use case. Consider: which chain do you need? USDT is available on 130 chains and USDX on 3. What backing do you prefer? What's your integration surface (exchanges, DeFi protocols, payment providers)? Both have deep liquidity, so market cap alone shouldn't decide it.