The invention discloses a multifunctional embedded development tool with a USB interface and belongs to the technical field of embedded development. The multifunctional embedded development tool consists of a circuit board, the USB interface, a USB-HUB circuit, a USB to serial port circuit, a debugging and simulation circuit, a logical analysis circuit, JTAG interface, an SWD interface, a serial port interface and a logical test interface. The multifunctional embedded development tool only needs the USB interface to be connected with a computer to achieve the functions of debugging and simulation, serial port test, logical analytic test, code downloading and the like together with software of the computer, so that functional demands for debugging and simulation, testing, maintenance and the like of development of embedded software in various stages, cross use of multiple tools is not needed, accordingly, the working intensity of embedded software development testing and maintenance is reduced, and the working efficiency is improved.