Rank #3

image Tether USDT

$1.001 -0.06%
All Time High All Time Low
$1.32September 16, 2022 $0.572521September 16, 2022
Market Cap $67,863,251,093.00
Total Volume $53,745,460,506.00
Fully Diluted Valuation $
Circulating Supply 67,883,438,459
Total Supply 67,883,438,459
Max Supply 0

Tether Price Chart (USDT)

USDT Price Today

Tether price today is $1.001 with a 24-hour trading volume of $53,745,460,506.00. USDT price is down $-0.05603% in the last 24 hours. It has a circulating supply of 67,883,438,459 USDT coins and a total supply of 67,883,438,459.

What Is Tether (USDT)?

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.

Tether Questions & Answers

What is Tether Price Today?
Tether price today is $1.001
What was the highest price for Tether?
Tether hit an all time high of $1.32 on September 16, 2022
What was the lowest price for Tether?
Tether had an all time low of $0.572521 on September 16, 2022
What was the 24 hour trading volume of Tether?
The 24 hour trading volume of Tether is $53,745,460,506.00
Where can Tether be traded?
You can trade Tether on following exchanges.

Popular trading pairs for Bitcoin in the market includes USDT,RUB, USDT,UAH, USDT,IDRT, USDT,NGN, USDT,USD, USDT,USDC, USDT,EUR, USDT,GBP, USDT,USDK


USDT Price Statistics

Last Updated September 16, 2022 05:30 AM EDT
Tether Price Today $1.001
Market Cap $67,863,251,093.00
Market Cap Rank 3
Fully Diluted Valuation $
Total Volume $53,745,460,506.00
24h High $1.01
24h Low $0.996728
24h Change $-0.0005609327722291
24h Change% -0.05603%
Market Cap Change $-81159758.317223
Market Cap Change% -0.11945%
Circulating Supply 67,883,438,459
Total Supply 67,883,438,459
Max Supply 0
All Time High $1.32Sep 16, 2022
All Time Low $0.572521Sep 16, 2022

Tether Trading Exchanges

Exchange Trust Score
Binance Binance
Coinbase Exchange Coinbase Exchange