This market will resolve to “Yes” if the reported total circulating supply of Tether (USDT) is greater than or equal to $200,000,000,000 (two hundred billion U.S. dollars) at any time after the creation of this market and before January 1, 2027 - 00:00 UTC.

Otherwise this market will resolve to “No.”

For the purposes of this market:

• “Reported total circulating supply” will be determined first by the total supply figure published on Tether’s official transparency page. If Tether’s official consolidated total is unavailable or ambiguous, the outcome will be determined by a consensus of reputable public sources (e.g., CoinGecko, CoinMarketCap) or aggregated on-chain supply data from major chain explorers. A “consensus” requires at least two independent reputable sources reporting a total supply ≥ $200,000,000,000 at the same point in time. Only supply figures reported after the creation of this market are eligible for resolution.