Transparency

Mint and burn summary of USDTL

₮ 100,000,000

Mint

7 day change

99.9%

Change in Circulation

₮ 99,900,000

Burn

₮ 100,000,000

Mint

30 day change

99.9%

Change in Circulation

₮ 99,900,000

Burn

₮ 100,000,000

Mint

365 day change

99.9%

Change in Circulation

₮ 99,900,000

Burn

Daily mint & burn transparency

DATE	Circulation	Reserve	Mint	Burn
9/09/2024	₮ 100,000	₮ 103,114.49	₮ 0	₮ 0
8/09/2024	₮ 100,000	₮ 103,098.78	₮ 0	₮ 0
7/09/2024	₮ 100,000	₮ 103,146.03	₮ 0	₮ 0
6/09/2024	₮ 100,000	₮ 103,139.93	₮ 0	₮ 0
5/09/2024	₮ 100,000	₮ 103,157.44	₮ 0	₮ 0
4/09/2024	₮ 100,000	₮ 103,237.44	₮ 0	₮ 0
3/09/2024	₮ 100,000	₮ 103,144.75	₮ 0	₮ 0
2/09/2024	₮ 100,000	₮ 102,644.75	₮ 0	₮ 0
1/09/2024	₮ 100,000	₮ 102,644.75	₮ 0	₮ 0
31/08/2024	₮ 100,000	₮ 103,125.43	₮ 0	₮ 0
30/08/2024	₮ 100,000	₮ 103,252.82	₮ 0	₮ 0
29/08/2024	₮ 100,000	₮ 103,266.32	₮ 0	₮ 0
28/08/2024	₮ 100,000	₮ 103,146.66	₮ 0	₮ 0
27/08/2024	₮ 100,000	₮ 103,135.82	₮ 0	₮ 0
26/08/2024	₮ 100,000	₮ 103,137.02	₮ 0	₮ 0
25/08/2024	₮ 100,000	₮ 101,823.91	₮ 0	₮ 0
24/08/2024	₮ 100,000	₮ 101,847.40	₮ 0	₮ 0
23/08/2024	₮ 100,000	₮ 101,907.03	₮ 0	₮ 0
22/08/2024	₮ 100,000	₮ 101,904.84	₮ 0	₮ 0
21/08/2024	₮ 100,000	₮ 101,797.81	₮ 0	₮ 0
20/08/2024	₮ 100,000	₮ 101,799.06	₮ 0	₮ 0
19/08/2024	₮ 100,000	₮ 101,821.06	₮ 0	₮ 0
18/08/2024	₮ 100,000	₮ 100,123.01	₮ 0	₮ 0
17/08/2024	₮ 100,000	₮ 100,191.01	₮ 0	₮ 0
16/08/2024	₮ 100,000	₮ 100,511.11	₮ 0	₮ 0
15/08/2024	₮ 100,000	₮ 100,594.11	₮ 0	₮ 0
14/08/2024	₮ 100,000	₮ 101,033.11	₮ 0	₮ 0
13/08/2024	₮ 100,000	₮ 101,033.10	₮ 0	₮ 99,900,000
12/08/2024	₮ 100,000,000	₮ 101,033.10	₮ 100,000,000	₮ 0

Frequently asked questions

Everything you need to know about USDT-L on Speed, right here.

Yes, USDT-L is 100% safe. It combines the stable value of USDT with the security of the Lightning Network, offering instant, private, and secure transactions.

USDT-L is 100% backed by USDT on Ethereum, ensuring its value is pegged 1:1 to the US dollar.

Speed will publish the proof of reserve report daily to give full transparency about its reserves backing up USDT-L. In addition to this, we will also appoint third-party agencies to perform monthly audits — and publish their reports on our website every month.

Speed has adopted a strict no-hypothecation policy for USDT-L. This means Speed reserves backing USDT-L will not be lent or used for other purposes.

You can liquidate your assets at any time. Speed will never impose any restrictions on your account.