Market Cap: $ 2.33 T | 24h Vol.: $ 53.69 B | Dominance: 53.29%
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Tether USDt (USDT) Price, Live Chart & History

825Tether USDt
USDT
$ 0.999309
0.00001590 BTC
Marketcap
$ 110,485,556,196
Volume (24h)
$ 37,295,985,416
Circulating Supply
110,561,912,302 USDT
Total Supply

 

Tether USDt (USDT) Price Chart

Explore the Tether USDt (USDT) live price chart for in-depth insights into its market performance.

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Tether USDt (USDT) Price History

Delve into the Tether USDt (USDT) price history to understand its long-term value trends.

* Currency in USD
Historical Price for Tether USDt
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Tether USDt (USDT) to USD Converter

Use our Bitcoin to USD converter to seamlessly convert Tether USDt (USDT) for accurate financial planning.

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What is Tether USDt?

Tether is a token issued by the Tether Limited company that belongs to the Bitfinex trading platform. It was built on top of the Omni Layer digital currency protocol, which runs on the Bitcoin blockchain.

The main purpose of this token is to provide stability to traders and members of the cryptocurrency market, as Tether is backed by US dollars in Tether Ltd bank accounts, so its price is not as volatile as the prices of other cryptocurrencies. However, this remains to be proven, and this is why the US Commodity Futures Trading Commission issued subpoenas to both Tether and Bitfinex. Tether Ltd also points out that the Tether token is not a financial instrument and owners of Tethers have no rights to legal claims or guarantees against losses.

However, tether is a very popular token and is used by a number of exchanges (mainly crypto-only) as their main stablecoin. The amount of Tethers has increased to $2.8 billion. During the summer of 2018, approximately 80% of Bitcoin volume was traded in Tethers.

While Tether USDt offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now. Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

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