USDT to PHP Price Today
USDT to PHP
USDT1
USDT
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PHP
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| -0.03% | 0.00% | 0.01% | 0.04% | 0.04% | 0.15% |
Compare Tether USDt with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| -0.03% | 0.00% | 0.01% | 0.04% | 0.04% | 0.15% |
USDT to PHP
USDT1
USDT
=
PHP
Tether USDt Risk Analysis
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Has the price increased over the past year?
Price has increased by 0.24% in the last 1 year.
Is it trading above the 200-day simple moving average(SMA)?
Tether USDt is currently trading -0.02% below the 200-Day SMA which is $1.00.
Is Tether USDt currently overbought zone by (RSI)?
The 14-Day Relative Strength Index (RSI) is at 47.62 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 16 which is 54%.
Is the total supply of Tether USDt higher than the circulating supply?
The circulating supply has yet to be published.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.40533 volume to market cap ratio. The current market cap is ₱8.3T while the 24-hour volume is ₱3.36T
Tether USDt (USDT) Markets
Tether USDt Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
| 2015 | -17.37% | - | - | -0.00% | -17.37% |
| 2016 | 0.00% | - | - | - | 0.00% |
| 2017 | -0.04% | 2.04% | -2.09% | 1.03% | 0.89% |
| 2018 | -0.81% | 0.14% | -0.23% | 0.46% | -0.45% |
| 2019 | -0.47% | -0.11% | 0.21% | -0.12% | -0.50% |
| 2020 | 0.03% | 0.13% | 0.13% | -0.15% | 0.14% |
| 2021 | -0.09% | 0.47% | -0.25% | -0.23% | -0.10% |
| 2022 | 0.11% | -0.17% | 0.11% | - | 0.05% |
| 2023 | -0.01% | 0.03% | -0.01% | 0.01% | 0.03% |
| 2024 | 0.02% | -0.09% | 0.10% | -0.12% | -0.08% |
| Average | -2.07% | 0.27% | -0.23% | 0.10% | -1.93% |
Introduction to Tether USDt
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, Tether comes on #4 rank with a tremendous market cap of almost $20 billion and more than $19 billion tethers in circulation, just behind Bitcoin, Ethereum, and XRP. Nowadays, Tether USDT is considering a digital replacement of US dollars to make our transaction faster and secured on the blockchain platform.
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.
- Tether transaction(Omni protocol) & bitcoin blockchain
- Omni protocol itself
- 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.
- Binance
- Huobi Global
- OKEx >
- HBTC
- MXC.COM
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.
How Much is a One Tether USDt Worth Now?
The current price of the Tether USDt(USDT) is ₱57.55, with a current market cap ₱8,297,477,726,893.92.
What is the Tether USDt Stock Symbol or Ticker?
USDT is a ticker symbol of the Tether USDt.
How Many USDT Coins Are There in Circulation?
At the movement,144.17B Tether USDt tokens are already in the market out of 145.88B USDT.
How Can I Invest in Tether USDt?
There are many options for buying crypto, and Tether USDt can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Tether USDt. It's a quick, easy, and secure way to buy Tether USDt(USDT).
Is Tether USDt a Stablecoin?
Yes,It is a stablecoin.
What Was the Lowest Price for Tether USDt?
Tether USDt had an all-time low of ₱32.70.
What Was the Highest Price for Tether USDt?
Tether USDt had an all-time high of ₱69.94.
Who is the Founder of Tether USDt?
J. L. van der Velde is the founder of the Tether USDt(USDT) blockchain.
Coin Converter
By exchanging USDT against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Tether USDt can be earned or received in various ways. USDT considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the USDT.
Would you like to know how many cryptocurrencies 1 USDT is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs.
USDT to PHP price today is ₱57.55, which is Up by 0.00% over the last 24 hours. There has been an hourly Dip by -0.03%. Tether USDt's market cap currently sits at ₱8,297,477,726,893.92 PHP, holding up for a market cap rank at #3. The volume were at ₱3,363,191,497,245.78 PHP Tether USDt ranks no 3 in the market capitalization of Tether USDt is at ₱8,297,477,726,893.92 and its volume for 24 hours is ₱3,363,191,497,245.78. Tether USDt are under circulation, with total supply of 145.88B and the Maximum supply of 0.
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USDT to PHP Price Statistics
Live Tether USDt Price in PHP
| USDT to PHP | ₱57.55 |
| Percentage Change ( 24h ) | ▲0.00% ₱0.0897 |
| 24h High / Low | ₱57.61 / ₱57.52 |
| Trading Volume 24h | ₱3,363,191,497,245.78 |
| Volume / Market Cap | 0.40533 |
| Market Dominance | 5.04% |
| Market Rank | 3 |
| Market Cap | ₱8,297,477,726,893.92 |
| Fully Diluted Market Cap | ₱8,395,716,029,304.17 |
| All Time High | ₱69.94 ▲4634.72% |
| All Time Low | ₱32.70 ▲10026.44% |
| Circulating Supply | 144,170,982,844 USDT |
| Total Supply | 145,877,900,666 USDT |
| Max Supply | - |