Tether (USDT)
Tether (USDT)
0.998341 -0.15 %
Rank # 3 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 103,618,183,618.00
Total Supply 103,618,183,617.72
Max Supply 0.00
  • Ethereum ethereum-0xdac17f958d2ee523a2206206994597c13d831ec7
  • Ethereum kava-0x919c1c267bc06a7039e03fcc2ef738525769109c
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Tether Chart (Usdt Chart)

Tether Price USD (Usdt Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Tether Price History (Usdt Price History)
Price Market Cap Volume Date
Coin Tether
Tether Price Today (Usdt Price Today)

Tether (USDT) is a type of cryptocurrency whose value is intended to correspond to the value of the US dollar. While the value of other cryptocurrencies fluctuates often, tether's price is usually equal to $1. The goal of Tether was to develop a stable cryptocurrency that functions similarly to virtual money. 

Stable cryptocurrencies were made with the objective of being a stable dollar alternative. Tether is the most widely used stable currency, and it may even be used to substitute dollars on several famous exchanges! 

According to its website, Tether converts fiat money into digital currency in order to "tether" or connect the coin's value to the level of national currencies like the US dollar, the euro, and the yen. It uses blockchain, like other cryptocurrencies. Unlike other cryptocurrencies, it is "100% backed by USD," according to the official Tether website (USD is held in reserve). Tether's primary purpose is to provide stability to the otherwise volatile crypto market, as well as liquidity to exchanges that cannot trade in dollars or with banks.

The digital currency is issued by Tether Limited, which is regulated by British Virgin Islands law, according to the legal section of its website. It has a Hong Kong incorporation. It has been discovered that Jan Ludovicus van der Velde is the CEO of the cryptocurrency exchange Bitfinex, which has been charged with manipulating the price of tether and bitcoin. Tether is frequently used by traders on exchanges like Bitfinex to acquire other cryptocurrencies like bitcoin. Tether Limited claims that by purchasing virtual currencies in this way, consumers may move fiat more rapidly and efficiently in and out of an exchange.

Also, exchanges often have bad relationships with banks, and utilizing Tether allows them to avoid this. USDT is a simple currency to use. It can be used to buy Bitcoin and other digital currencies on exchanges like Poloniex or Bittrex. It is simple to transfer from one exchange to any Omni Layer-supported wallet. Tether does not impose transaction fees, but other wallets and exchanges may. Users must pay a small price to convert USDT to USD and vice versa using the Tether.to Platform. Buying and selling Tether for Bitcoin can be done through a number of exchanges, including those described above, or through the Tether.to platform, which also enables you to convert USD to and from your bank account.

To know more about Tether, install the top cryptocurrency app CoinGabbar today!

Frequently Asked Questions (Crypto FAQs)
The current price of Tether (USDT) is USD 0.998341
24 Hours, High Price of Tether (USDT) is USD 1.006 and Low price of Tether (USDT) is USD 0.992068
The total supply of Tether (USDT) is 103618183617.72 and Circulating supply of Tether (USDT) is 103,618,183,618.00
The trading volume of Tether (USDT) is In the last 24 hours