Marketcap:

$1,928,635,047,278

Volume 24h:

$13,388,143,327

Sep 16 Liquidations:

$0

24H Long/short:

Coming Soon

Tether logo

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.

Industries

(1)
Payments

Tags

(2)
Stablecoin
Centralized

Contracts

(14)
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Ethereum

metamask logo

ERC20

{{data.standard_active.asset?.name ?? 'unknown'}} logo

TRON

metamask logo

TRC-20

{{data.standard_active.asset?.name ?? 'unknown'}} logo

Solana

metamask logo

SPL

{{data.standard_active.asset?.name ?? 'unknown'}} logo

BNB

metamask logo

BEP20

N/A

Huobi Token

metamask logo

HRC-20

{{data.standard_active.asset?.name ?? 'unknown'}} logo

Algorand

metamask logo

ASA

{{data.standard_active.asset?.name ?? 'unknown'}} logo

Avalanche

metamask logo

ARC-20

{{data.standard_active.asset?.name ?? 'unknown'}} logo

Fantom

metamask logo

ERC-20

{{data.standard_active.asset?.name ?? 'unknown'}} logo

Zilliqa

metamask logo

ZRC-2

{{data.standard_active.asset?.name ?? 'unknown'}} logo

KuCoin

metamask logo

KCC

N/A

Terra Classic

metamask logo

{{data.standard_active.asset?.name ?? 'unknown'}} logo

Harmony

metamask logo

HRC-20

{{data.standard_active.asset?.name ?? 'unknown'}} logo

Velas

metamask logo

ERC-20

{{data.standard_active.asset?.name ?? 'unknown'}} logo

Crypto.com Coin

metamask logo

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