Tether priceUSDT $1


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Tether statistics

Market cap 
3rd / 10.1K
Volume (24h) 
1st / 10.1K
Volume/Market cap (24h) 
Circulating supply 
83,127,088,775.31 USDT
Total supply 
86,090,638,895.05 USDT
Max. supply 
Fully diluted market cap 
USDT to USD Converter
Price performance
All-time high
Feb 25, 2015 (8 years ago)
All-time low
Mar 02, 2015 (8 years ago)
In watchlists1,307,781x
93rd / 10.1K

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About Tether

What Is Tether (USDT)?

USDT is a stablecoin (stable-value cryptocurrency) that mirrors the price of the U.S. dollar, issued by a Hong Kong-based company Tether. The token’s peg to the USD is achieved via maintaining a sum of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills in reserves that is equal in USD value to the number of USDT in circulation.

Originally launched in July 2014 as Realcoin, a second-layer cryptocurrency token built on top of Bitcoin’s blockchain through the use of the Omni platform, it was later renamed to USTether, and then, finally, to USDT. In addition to Bitcoin’s, USDT was later updated to work on the Ethereum, EOS, Tron, Algorand, and OMG blockchains.

The stated purpose of USDT is to combine the unrestricted nature of cryptocurrencies — which can be sent between users without a trusted third-party intermediary — with the stable value of the US dollar.

Stablecoins are increasingly used as an inflation hedge in recent times; compared to keeping fiat currency in a savings account averaging 0.06%, users can lend their stablecoins and earn yields ranging from 3% to as high as 20%. However, keep in mind that regulatory, platform risks and more entail.

Who Are The Founders Of Tether?

What Makes Tether Unique?

What Is the Tether FUD About?

Is Tether Entering the Social Media Market?

How Many Tether (USDT) Coins Are There In Circulation?

How Is the Tether Network Secured?

Where Can You Buy Tether (USDT)?

Tether Enters the Latin American Market

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