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Tether

Tether (USDT)

$1 USD (0.06%)
0.00034389 BTC

Low (24h)

High (24h)

$0.9999117255

$1

Rank
4
1H
0.05%
24H
0.06%
7D
0.09%

Market Cap

$68,640,100,000.00 USD

Volume (24h)

$77,909,300,000 USD

Circulating Supply

68,543,000,000 USDT

Max Supply

--

Tether Latest News

Tether Stock Price Chart

Tether Team Members

Name Position LinkedIn Twitter GitHub Medium
J. L. van der Velde CEO LinkedIn - - -
Giancarlo Devasini CFO LinkedIn - - -
Philip Potter CSO LinkedIn - - -
Matthew Tremblay CCO - - - -
Stuart Hoegner General Counsel LinkedIn - - -

Tether (USDT) Price in USD with Live Chart & Market Cap

About Tether :

Tether comes under the world's first stable currency tag with a constant value of US$1 since 2015. It is estimated a blockchain-based asset under the USDT logo. It has been circulated in the market supported by an equal amount of fiat currencies such as the Dollar, Euro, and other traditional currencies. Tether had launched by Hong Kong-based company by Brock Pierce, Reeve Collins, and Craig Sellars. It came into the market in July 2014. Currently, Tet...

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Fully Diluted Market Cap

$71,486,763,207.05

Market Cap / TVL Ratio

$3.63

Total Value Locked (TVL)

$-0.05

Volume / Market Cap

$1.14

1 USDT = $1 USD
TetherUSDT
1 USD = 1.00142 USDT


TetherTether Price Chart US Dollar (USDT/USD)


# Name Price % 1h % 24h MarketCap Circulating Supply Volume 7d
2
2 $0.0036835777 0.64% 0.01% $30.18 M 8,194,058,472 $372.71 K SparkPoint seven day chart
3
3 $0.0012745747 -0.59% 2.06% $516.40 405,158 $? Stakinglab seven day chart
4
4 $262 0% -0.35% $0.00 ? $21.28 K Square tokenized stock FTX seven day chart
5
5 $0.0002385891 0.02% 8.32% $0.00 ? $9.61 K Krypton Galaxy Coin seven day chart
6
6 $0.0049501121 -1.1% 2.73% $0.00 ? $? Asac Coin seven day chart
7
7 $0.1625820334 -1.26% 2.78% $0.00 ? $? OWL Token (StealthSwap) seven day chart

Tether (USDT) Price Live Statistics

Tether price today is $1 USD, which is up by 0.06% over the last 24 hours. There has been an hourly rise by 0.05%. Tether’s market cap currently sits at $68,640,100,000.00 USD, holding up for a market cap rank at #4. There is an upsurge in the weekly values by 0.09% Yesterday’s opening price reports to be $1 USD while closing rates were $1 USD The high/low price for yesterday was $1 USD / $0.9999093413 USD and the volume were at $71,863,296,000 USD The high and low price for 7 days is $1 USD / $1 USD , for 30 days is $1 USD / $0.9995680000 USD and for 90 days is $1 USD / $0.9995240000 USD Tether ranks no 4 in the market capitalization of Tether is at $68,640,100,000.00 and its volume for 24 hours is $77,909,300,000. 68.54 B Tether are under circulation, with total supply of 71.39 B and the Maximum supply of -.

What is the Tether coin used for?

Because of trust and stable currency, you can redeem it for another fiat currency. For instance, if you hold 100USDT, you can retrieve it for $100. on another side, you can buy any other cryptocurrency with tether.  

Today, most traders use Tether as a replacement for dollars. It is convenient to be transferred between exchanges or people because it is to be shared between trade exchanges or people. You can buy and hold and trade as per your requirements or when traders feel the market is playful.

 

How does tether coin work?

How exactly Tether USDT work blockchain works? Let's understand.

 Generally, Tether is Built on three layers. 

  1. Tether transaction(Omni protocol) & bitcoin blockchain
  2. Omni protocol itself
  3. Tether limited

The first layer comes under the Tether USDT transaction system based on Omni protocol and bitcoin blockchain. The second layer comes under Omni protocol itself, allowing you to create, vanish, track, and report the circulation, negotiate and save USDT and fiat peer-to-peer or stable crypto ecosystem. The Tether itself reserves the third level. The company is responsible for taking the fiat currencies from the users, circulating cryptocurrencies alternatively, and keeping supplies. All in all, Tether Limited makes determinations and combines cryptocurrency on numerous exchanges, wallets, other projects, etc. All activities come under the POR (Proof-Of-Reserves) protocol.

 

More on USDT, It based on OMNI blockchain protocol. You can consider it as a secure stage where you can buy and sell. In recent times, Omni provides many services to many platforms.

 

How to buy tether coins?

When you want to buy or invest your hard savings in cryptocurrencies, only two things matter security and ownership of your crypto.

There are many top exchanges to buy and trade Tether(USDT). Some of them, I am describing below.

 

You can buy and trade by using some of the given exchanges above. After that, you can store it on a digital wallet or any hardware wallet made to store cryptocurrencies only. 

 

Why is tether so popular?

Tether(USDT) is a massive part of the cryptocurrency ecosystem with a $16 billion capitalization. It is the third biggest cryptocurrency for a long time. 

 

It is most popular because of the stabilization and currency value. Tether comes under safe currency because it doesn't perform the risk/reward like Bitcoin(BTC).

 

How does tether stay on $1?

In a simple word, trust comes with stability. Tether has been shown its potential since 2015. If you have been looking at other cryptocurrencies, the prices go ups and down in a minute. But, Tether(USDT) stays at $1 USD. Let's understand the reason.

As per our discussion, Tether is 100% supported by fiat currencies and currently supports Dollars & Euros. 

 

Tether introduce many businesses, including exchanges, wallets, and payment processors, to combine fiat currencies on blockchains. Some of the most important digital currency firms, such as Poloniex, Bitfinex, and ShapeShift, have all integrated Tether.

 

The entire supply of tether is unlimited and supported by fiat currency holds. For instance, If the system has 10 million USD on the other side, there will be a total quantity of 1 million USDT.

 

Tether is a transparent company that publishes a regular update of the held and transferred in and out transactions. Essentially, Tether currency can be sent, received, and store securely across the blockchain and are exchangeable for cash. Once someone exchanges Tether currencies into fiat currencies, the tether currency will be destroyed to ensure that Tether currencies' total supply matches the total stored amount of fiat currencies.

So, this is the main reason why tether is always used at $1. 

 

Tether Price Today

Tether Price $1 USD
24 Hour High / Low $1 USD / $0.9999117255 USD
24 Hour Volume $77,909,300,000
Market Cap $68,640,100,000.00
Market Rank #4

Tether Price Yesterday

Yesterday's High / Low $1 USD / $0.9999093413 USD
Yesterday's Open / Close $1 USD / $1 USD
Yesterday's Change USD (0.0608537525%)
Yesterday's Volume $71,863,296,000 USD

Tether Price History

7 Day High / Low $1 USD / $1 USD
30 Day High / Low $1 USD / $0.9995680000 USD
90 Day High / Low $1 USD / $0.9995240000 USD

Tether Supply

Circulating Supply 68.54 B
Total Supply 71.39 B
Max Supply -
Tether Price (BTC) 0.00034389
1 Hour
0.05%
24 Hours
0.06%
7 Days
0.09%
Tether/Bitcoin Ratio 1 BTC = 0.0000235182 USDT
Started 25 February 2015
Whitepaper Download
Development status Working product
Org. Structure Centralized
Open Source -
Proof Type Not mineable
Algorithm None
Hardware wallet 1