Tether (USDT)

Platform Omni
Rank #6
$1.02 (0.72%)
0.0002800  BTC
$1,888,151,510
Market Cap
1,856,421,736 USDT
Circulating Supply
Prev Open Volume 1 Day Range
$1.01 $1.02 $3,388,219,607 $1.01 - $1.02

Tether USDT Price Chart

Tether price for today is $1.02. It has a current circulating supply of 1,856,421,736 USDT and a total volume exchanged of $3,388,219,607.

Categories: Exchange Stablecoin

Tech Info

Is mineable -
Total supply 3,080,109,502 USDT
Launch date Jun 2014

Market Info

Price $1.02
Volume 24h $3,388,219,607
Change 24h 0.72%
Change 7d 1.97%
Change month 2.86%

Description

Tether is a digital currency that is always traded on crypto exchanges with a fixed price of one United States Dollar for one Tether USDT unit. It is so-called stablecoin, designed with an aim to preserve a stable valuation of the cryptocurrency tokens. The company claims that traditional currency assets in reserves of the Tether Limited back the price of digital coins. In other words, the company holds 1 USD for each issued USDT. Though, the tokens cannot be redeemed or exchanged for real money on Tether platform.

Tether, just like any traditional digital currency out there, can be stored, exchanged, and transferred between wallets. It is not highly popular among companies and individuals as a payment method, but rather as a currency for crypto trading. Many popular exchange platforms use it as a deposit and withdrawal methods, given it has a stable price per asset and can be easily transferred to and from wallets that support Omni Layer.

Tether is referred to by some as a controversial. The main reason is that from the inception of the cryptocurrency in 2014 till June 2018 they haven’t managed to present an audit of their assets done by a competent law firm. Despite that, in June 2018 Tether climbed to the 10th spot in cryptocurrency market cap rankings.

Cryptocurrency Symbol Tether Price Market cap Volume 24h
Tether USDT $1.02 $1,888,151,510 $3,388,219,607

Parent Project

Tether (USDT)

Platform Omni
Rank #6
$1.02 (0.72%)
0.0002800  BTC

Tether Social Activity

Convert USDT to USD

Check the conversion below and see how the rate has moved over the last 30 days

Amount
From
To

Your currency converted at the REAL rate

The mid-market rate at 19:32 UTC is

1 USDT → 1.02 USD

(1 USD → 0.9832 USDT)

Crocosource currency pair converter allows you to see both rate and historical price chart between Tether and US Dollar. You can revert it to see . The historical price is mid-market value parsed from most popular cryptocurrency exchanges

Tether US Dollar
1 USDT 1.02 USD
5 USDT 5.09 USD
10 USDT 10.17 USD
20 USDT 20.34 USD
50 USDT 50.85 USD
100 USDT 101.71 USD
250 USDT 254.27 USD
500 USDT 508.55 USD
1000 USDT 1017.09 USD
2000 USDT 2034.18 USD
5000 USDT 5085.46 USD
10000 USDT 10170.92 USD
US Dollar Tether
1 USD 0.9832 USDT
5 USD 4.92 USDT
10 USD 9.83 USDT
20 USD 19.66 USDT
50 USD 49.16 USDT
100 USD 98.32 USDT
250 USD 245.80 USDT
500 USD 491.60 USDT
1000 USD 983.20 USDT
2000 USD 1966.39 USDT
5000 USD 4915.98 USDT
10000 USD 9831.95 USDT