Tether Appears to Be Preparing Native USDT for BSC

A new blockchain has quietly appeared on Tether's USDT transparency page: BNB Smart Chain (BSC). The fields "Total Authorized", "Authorized but not issued", and "Net Circulation" are all still set to zero. In other words, USDT issuance on BSC has not started yet, but the reporting section has already been prepared.

The latest official announcement from Tether related to BSC was not about USDT. It was the launch of Tether Gold (XAUT) on BSC on March 26, 2026.

It is important not to confuse this with the existing "USDT on BNB Smart Chain" that the market has been using for years and that remains remains in high demand on rabbit.io. On BscScan, the main contract for this token is called "Binance-Peg BSC-USD". Its description states that Binance-Peg tokens are BEP-20 assets backed by tokens held at Binance's public addresses.

Behind this rather vague wording lies an important detail: these tokens are not issued by Tether itself. Their backing and issuance are handled by Binance.

So it looks like the familiar USDT BEP20 may soon get a direct competitor - one issued not by Binance, but by Tether itself. To avoid confusing the two and accidentally sending the wrong token, always double-check the smart contract address before making a transfer.

The contract address of the currently dominant Binance-issued version is: 0x55d398326f99059ff775485246999027b3197955

The contract address of the new Tether-issued token is still unknown, since the token has not been launched yet.

On rabbit.io, the order page always shows which smart contract token should be sent. And if things still get confusing, just contact our support chat - we will quickly point you in the right direction.