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Cryptocurrencies:  5,537Markets:  22,510Market Cap:  $272,464,259,96724h Vol:  $89,803,094,219BTC Dominance:  64.8%
Market Cap:  $272,464,259,96724h Vol:  $89,803,094,219BTC Dominance:  64.8%Cryptocurrencies:  5,537Markets:  22,510

Tether (USDT)

$1.00 USD (0.22%)
0.00010426 BTC (-0.56%)
0.00414372 ETH (-1.60%)
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  • Market Cap
    $9,195,145,836 USD
    957,904 BTC
    38,072,489 ETH
  • Volume (24h)
    $31,097,372,057 USD
    3,239,569 BTC
    128,758,629 ETH
  • Circulating Supply
    9,187,991,663 USDT
  • Total Supply
    9,479,177,442 USDT
  • Historical data for Tether

    Currency in USD
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    DateOpen*HighLowClose**VolumeMarket Cap
    Date
    DateOpen*HighLowClose**VolumeMarket Cap
    Jun 02, 2020
    1.00
    1.04
    0.995870
    0.997524
    45,585,907,575
    9,165,240,437
    Jun 01, 2020
    0.999601
    1.00
    0.985651
    1.00
    39,619,617,695
    8,807,934,628
    May 31, 2020
    1.00
    1.01
    0.994504
    0.998033
    35,009,124,470
    8,780,766,210
    May 30, 2020
    1.00
    1.00
    0.990978
    1.00
    40,377,918,880
    8,801,618,923
    May 29, 2020
    1.00
    1.01
    0.998762
    1.00
    36,706,734,857
    8,827,585,611
    May 28, 2020
    1.00
    1.01
    0.995236
    1.00
    38,116,870,951
    8,808,209,446
    May 27, 2020
    0.998307
    1.01
    0.993241
    1.00
    35,192,290,092
    8,838,137,762
    May 26, 2020
    1.00
    1.01
    0.993281
    0.998008
    32,858,110,128
    8,780,541,726
    May 25, 2020
    1.00
    1.01
    0.993430
    1.00
    35,985,513,624
    8,826,217,018
    May 24, 2020
    1.01
    1.02
    0.995415
    1.00
    38,944,229,194
    8,807,651,948
    May 23, 2020
    1.00
    1.01
    0.995462
    1.01
    33,726,005,349
    8,846,790,751
    May 22, 2020
    1.00
    1.01
    0.996588
    1.00
    37,971,264,880
    8,818,190,632
    May 21, 2020
    0.999193
    1.01
    0.993109
    1.00
    47,340,041,421
    8,815,678,128
    May 20, 2020
    0.996403
    1.02
    0.994866
    0.998948
    44,447,276,085
    8,788,814,168
    May 19, 2020
    1.00
    1.01
    0.992663
    0.996019
    46,955,432,504
    8,763,040,004
    May 18, 2020
    1.00
    1.01
    0.993936
    1.00
    50,496,315,260
    8,809,951,434
    May 17, 2020
    1.00
    1.01
    0.991578
    1.00
    45,525,203,695
    8,812,055,307
    May 16, 2020
    1.00
    1.01
    0.997340
    1.00
    42,259,786,355
    8,799,772,955
    May 15, 2020
    0.998674
    1.02
    0.987918
    1.00
    53,148,365,727
    8,833,010,950
    May 14, 2020
    0.998232
    1.01
    0.990352
    0.998860
    64,544,825,214
    8,788,042,863
    May 13, 2020
    1.00
    1.00
    0.991811
    1.00
    53,063,776,325
    6,362,506,770
    May 12, 2020
    0.999202
    1.01
    0.995873
    1.00
    49,750,084,616
    6,365,704,844
    May 11, 2020
    1.00
    1.02
    0.971167
    0.998364
    68,664,007,367
    6,350,624,152
    May 10, 2020
    1.01
    1.06
    0.986979
    1.00
    79,545,041,693
    6,367,741,249
    May 09, 2020
    1.00
    1.01
    0.995313
    1.00
    57,870,685,210
    6,391,680,873
    May 08, 2020
    1.00
    1.01
    0.994547
    1.00
    63,400,633,378
    6,384,977,966
    May 07, 2020
    1.01
    1.02
    0.989334
    1.00
    72,554,504,815
    6,379,446,479
    May 06, 2020
    0.999347
    1.02
    0.997407
    1.02
    59,321,368,204
    6,475,090,416
    May 05, 2020
    1.01
    1.02
    0.997409
    1.00
    53,776,437,547
    6,366,478,087
    May 04, 2020
    1.00
    1.02
    0.998940
    1.01
    60,315,142,637
    6,399,889,751
    May 03, 2020
    1.00
    1.01
    0.999206
    1.00
    58,963,072,938
    6,383,346,956

About Tether

What Is Tether?

Tether (USDT) is a digital currency with a value meant to mirror that of the U.S. dollar. Launched in 2014, the idea behind Tether was to create a stable cryptocurrency that can be used like digital dollars, or “stablecoins.” Tethers are anchored, or “tethered,” to the price of the U.S. dollar.

While Tether initially used the Bitcoin network’s Omni Layer as its transport protocol, Tether is now available as an ERC20 token on Ethereum. In total, Tether is issued on the Bitcoin (both Omni and Liquid Protocol), Ethereum, EOS, and Tron blockchains.

Tether tokens are issued by Tether Limited, which shares a CEO with crypto exchange Bitfinex. Tether had previously claimed that Tether currencies are 100% backed by Tether’s reserves, but after Tether lawyers noted in 2019 that there was only 74% backing of Tether, or a fractional reserve, Tether has noted that the definition of total backing includes loans to affiliate companies.

What Is Tether Used For?

Tether is used as a way to hedge against crypto market volatility due to its stability. Since each USDT token is pegged to one dollar, keeping money in Tether protects it from the usual volatility of the cryptocurrency market. A large part of Bitcoin trading is done in Tether for this reason, as it can be a fiat on- and off-ramp for crypto trading.

How Do You Purchase Tether?

You can purchase Tether on any cryptocurrency exchange that offers it. For the latest list of exchanges and trading pairs for this cryptocurrency, click on our market pairs tab. Remember to do your own research before choosing an exchange.

Tether Statistics

Tether Price$1.00 USD
Tether ROI
0.08%
Market Rank#3
Market Cap$9,195,145,836 USD
24 Hour Volume$31,097,372,057 USD
Circulating Supply9,187,991,663 USDT
Total Supply9,479,177,442 USDT
Max SupplyNo Data
All Time High
$1.21 USD
(May 27, 2017)
All Time Low
$0 USD
(Sep 18, 2019)
52 Week High / Low
$1.08 USD /
$0.899490 USD
90 Day High / Low
$1.08 USD /
$0.899490 USD
30 Day High / Low
$1.06 USD /
$0.971167 USD
7 Day High / Low
$1.04 USD /
$0.985651 USD
24 Hour High / Low
$1.01 USD /
$0.996321 USD
Yesterday's High / Low
$1.04 USD /
$0.995870 USD
Yesterday's Open / Close
$1.00 USD /
$0.997524 USD
Yesterday's Change$-0.003646 USD (-0.36%)
Yesterday's Volume$45,585,907,575 USD
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