The price of USDT has {{asset.priceChangePc7d > 0 ? 'risen' : 'fallen'}} by {{beautifyNumber(asset.priceChangePc7d, 2)}}% in the past 7 days. The price {{asset.change24 > 0 ? 'increased' : 'declined'}} by {{beautifyNumber(asset.change24, 2)}}% in the last 24 hours. USDT to USD price is updated in real-time. The Tether price today is ${{ beautifyNumber(asset.rate, 2) }} per USDT with a live market cap of ${{shortifyNumber(asset.marketCap)}} USD. Tether is {{beautifyNumber(asset.athChangePc, 2)}}% below the all time high of ${{beautifyNumber(asset.ath)}}.
The current circulating supply is {{beautifyNumber(asset.supply)}} 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 price today is ${{ beautifyNumber(asset.rate, 2) }}.
The 24-hour high of the USDT price is ${{ beautifyNumber(asset.priceHigh, 2) }}.
The price low for today is ${{ beautifyNumber(asset.priceLow, 2) }}.
USDT hit an all time high of ${{ beautifyNumber(asset.ath, 2) }} over {{moment(asset.athDate).fromNow()}} ({{ moment(asset.athDate).format("MMM D, YYYY") }}). The price is down {{beautifyNumber(asset.athChangePc, 2)}}% from the ATH to date.
USDT had an all time low of ${{ beautifyNumber(asset.atl, 2) }} over {{moment(asset.atlDate).fromNow()}} ({{ moment(asset.atlDate).format("MMM D, YYYY") }}). Since then, the price has increased by {{beautifyNumber(asset.atlChangePc, 2)}}%.
Where can USDT be traded? An overview of Tether exchanges and high volume trading pairs. The Tether native token USDT can be traded on
| Date | Price * | Market Cap | Volume | Change USD | Change % | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| {{ moment(data.date).format("MMM D, YYYY") }} | No data available | $ {{ beautifyNumber(data.entry.rate) }} | $ {{ shortifyNumber(data.entry.marketcap) }} | $ {{ shortifyNumber(data.entry.totalVolume24) }} | $ {{ beautifyNumber(data.entry.rate-data.entry.price_open24) }} | {{ beautifyNumber(data.entry.change24, 2) }}% | ||||
| Week | Price * | Change USD | Change % | |||
|---|---|---|---|---|---|---|
| W{{ moment(entry.date).week() }} | No data available | $ {{ beautifyNumber(entry.rate) }} | $ {{ beautifyNumber(entry.changeUSD) }} | {{ beautifyNumber(entry.changePercent, 2) }}% | ||
| Month | Price * | Change USD | Change % | |||
|---|---|---|---|---|---|---|
| {{ moment(entry.date).format("MMM, YYYY") }} | No data available | $ {{ beautifyNumber(entry.rate) }} | $ {{ beautifyNumber(entry.changeUSD) }} | {{ beautifyNumber(entry.changePercent, 2) }}% | ||