Marketcap:
$1,928,635,047,278
Volume 24h:
$13,388,143,327
Sep 16 Liquidations:
$0
24H Long/short:
Coming Soon
Tether
USDT
$0.99909600
#3
Token
Overview
Exchanges
Markets
Wallets
$0.99909600
Price
3
Rank
$116,078,829,104
Marketcap
$538,128,959
Volume
$0.99919088
All Time High
$0.99905563
All Time Low
N/A
Open
N/A
Close
1H
0
%
1D
-0.010
%
1W
0
%
1M
-0.090
%
2M
-0.110
%
3M
-0.080
%
6M
-0.090
%
1Y
-0.140
%
Change 24h
$0.99905563
$0.99919088
All Time Low
24H
All Time High
Tether`s Return History
Weekly
Monthly
Quarterly
Winning
Years
7
Quarters
24
Losing
Years
3
Quarters
15
Q1
Q2
Q3
Q4
Avg
Total
Q1
Q2
Q3
Q4
Avg
Total
About Tether
Tether (USDT) is a stablecoin cryptocurrency designed to maintain a stable value relative to the U.S. dollar. The idea behind Tether is to provide a digital asset that can be used as a substitute for the U.S. dollar, allowing individuals and businesses to transact using a stable currency rather than one that is subject to significant volatility.
Tether was created by Brock Pierce, Reeve Collins, and Craig Sellars in 2014. The company behind Tether, Tether Limited, is based in Hong Kong and is responsible for issuing and managing the USDT token. Tether is built on the Bitcoin blockchain, using the Omni Layer Protocol. It is an ERC-20 token built on the Ethereum blockchain.
Tether Limited claims that each USDT token is backed by a corresponding U.S. dollar held in reserve by the company, which allows them to maintain the 1:1 peg with the U.S. dollar. This means that, in theory, anyone holding USDT should be able to redeem it for an equivalent amount of U.S. dollars. However, Tether has been subject to controversy, particularly regarding the transparency of its reserves and its relationship with the Bitfinex exchange.
Additionally, Tether is popular among traders, speculators, and investors because of its liquidity and low volatility. Due to this, it is frequently used on crypto-to-crypto trading pairs and crypto-to-fiat trading pairs, adding more convenience to the traders.
Despite the Controversy, Tether remains widely used as a stable coin by many people in the cryptocurrency ecosystem because it is stable and widely traded. It remains one of the largest stablecoins in the crypto market. It is frequently used as a trading pair on crypto exchanges, allowing traders to move in and out of other cryptocurrencies without converting them to U.S. dollars.
Overall, Tether is an important player in the cryptocurrency market and a vital component of many traders' and investors' strategies for managing risk and volatility. While there are some concerns about the transparency of Tether's reserves, it remains widely used and accepted as a stablecoin.
Overall, Tether is an important player in the cryptocurrency market and a vital component of many traders' and investors' strategies for managing risk and volatility. While there are some concerns about the transparency of Tether's reserves, it remains widely used and accepted as a stablecoin.
Industries
(1)Payments
Tags
(2)Stablecoin
Centralized
Contracts
(14)Ethereum
ERC20
TRON
TRC-20
Solana
SPL
BNB
BEP20
N/A
Huobi Token
HRC-20
Algorand
ASA
Avalanche
ARC-20
Fantom
ERC-20
Zilliqa
ZRC-2
KuCoin
KCC
N/A
Terra Classic
Harmony
HRC-20
Velas
ERC-20
Crypto.com Coin
CRC-20
Stats
(11)Birthday
Age
9 Years
Decimals
6
Wallets
42
Exchanges
10
Pairs
170
Tickers
625
Base
9
Quote
161
All Time High
$1.29
Date Of ATH
Jul 23 2018
Days Since ATH
2247
All Time Low
$0.786
Date for ATL
Mar 02 2015
Days Since ATL
3486