USDT Price

What is Tether?

Tether (USD₮) is a fiat stablecoin launched in 2014 by Tether Limited. It was first issued on the Bitcoin blockchain but is now available on other blockchains including Algorand, Avalanche, Ethereum, EOS, Liquid Network, Near, Omni, Polygon, Solana, Bitcoin Cash Standard Ledger Protocol, Statemine, Statemint, Tezos, and Tron. The aim of USD₮ is to provide the benefits of a cryptocurrency, such as fast and secure transactions, without the volatility often associated with other crypto assets.

Each USD₮ token represents one US dollar in a 1:1 ratio, and Tether Limited claims to hold an equivalent amount of US dollars in reserve for every USD₮ token issued, to maintain the price peg at $1. However, there has been controversy over whether Tether Limited has enough reserves to back up all tokens in circulation. Despite this, USD₮ has become one of the most widely used cryptocurrencies in the world and is used by traders, investors, and the decentralized finance (DeFi) community.

USD₮ plays a key role in providing liquidity for centralized and decentralized exchanges, allowing users to engage in trading, lending, borrowing, and other financial activities. As a result of its wide adoption and acceptance, an increasing number of merchants are now accepting USD₮ as form of payment. In addition to its flagship USD stablecoin (USD₮), Tether Limited issues stablecoins for multiple fiat currencies including the Euro (EUR₮), the offshore Chinese Yuan (CNH₮), the Mexican Peso (MXN₮), and the British Pound Sterling (GBP₮). Tether has also developed Tether Gold (XAU₮), a stablecoin backed by physical gold reserves, with each token representing one troy ounce of gold held in a Swiss vault.

Tether Limited has been audited by several audit and assurance companies to provide transparency and demonstrate that Tether Limited has enough reserves backing the USD₮ and other stablecoins in circulation. The latest report by BDO Italia as of December 31, 2022, shows that Tether's consolidated total assets exceed its consolidated total liabilities, with consolidated assets of at least $67,044,148,175 and consolidated liabilities of $66,083,530,757, of which $66,057,260,169 is related to digital tokens issuance.

All About USDT

Price in USD $1.0009
All-time high $1.0837
Market Cap $149.0 Billion
24h Volume $36.4 Billion
Contract Address 0xdac17f958d2ee523a2206206994597c13d831ec7
ETH Address 0xdac17f958d2ee523a2206206994597c13d831ec7
BSC Address 0x55d398326f99059ff775485246999027b3197955

Tether

USDT

$1.0009

0.00001558 BTC

market cap

$149.044 B

volume$36.401 B

Vol/MCap24.42%

total cap$149.0 B

ALL TIME HIGH$1.08

USDT

USD

1h USD0.00% -0.0% -

24h USD0.16%0.16%

7d USD0.08%0.08%

30d USD0.06%0.06%

90d USD0.04%0.04%

1y USD0.18%0.18%

1h BTC0.04%0.04%

24h BTC1.01%1.01%

7d BTC5.24%5.24%

30d BTC26.9%26.9%

90d BTC12.05%12.05%

1y BTC64.39%64.39%

1h ETH0.06%0.06%

24h ETH0.46%0.46%

7d ETH6.77%6.77%

30d ETH37.2%37.2%

90d ETH27.37%27.37%

1y ETH52.37%52.37%

circ. supply148.904 B

total supply148.904 B

max supply- total cap$149.0 B

24 HR RANGE0.177823%

24 HR LOW$0.999199

24 HR high$1.00

Liquidity ±2%$46.614 B

Bids -2%$19.834 B

Asks +2%$26.781 B

USDT Price Chart

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Currency

  • USD

USDT Markets

Market Exchange Price Volume 24h Liquidity ±2% Market Depth

FDUSD/USDT		 BVOX $1.000.99820000 $2.22 M
0.01%		 $41.33 B
88.68%		 $17.182 B$24.153 B

USD1/USDT		 Weex $1.001.00 $4.59 M
0.01%		 $323.17 M
0.69%		 $163.963 M$159.208 M

BTC/USDT		 BVOX $0.99942964,302.10 $420.89 M
1.16%		 $239.90 M
0.51%		 $120.930 M$118.978 M

USDC/USDT		 Pionex $1.001.00 $1.02 M
0%		 $200.74 M
0.43%		 $98.318 M$102.428 M

ETH/USDT		 BVOX $0.9988051,678.19 $173.62 M
0.48%		 $137.09 M
0.29%		 $72.907 M$64.189 M

USDT Breakdown

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About USDT

  • Categories

Stablecoins

Asset-backed Tokens

  • Asset Type

Token

  • Proof

  • Hash

  • Total Transfers 1,379

  • Holders 219

  • Mineable

  • Premined

  • Inflation

  • Jurisdiction

  • Hard Cap

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