Tether current price is $0.999.

Tether current price is $0.999 with a marketcap of $18.95 B. Its price is -0.07% down in last 24 hours.

Buy / Sell Tether

  • tether
    Tether (USDT)
  • Live Price
    $0.999
  • 24h %
    -0.07%
  • Market Cap
    $18.95 B
  • Volume
    $72.67 B
  • Available Supply
    18.96 B USDT
  • Rank
    4



Loading Chart...

More Info About Coin

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.

Historical Data

DatePriceVolumeMarketCap

Twitter News Feed

Do you know what else touched 18 today?
@Tether_to just passed 18 BILLION 🥳
Thank you everyone for the continued support and trust. We love you. https://twitter.com/paoloardoino/status/1328956413876514816

Paolo Ardoino@paoloardoino

18k... welcome back my friend, I missed you.
#Bitcoin

In the next few days, Tether Euro (EURt) ERC20 contract will be upgraded to enable wrapper functionality. This contract upgrade will be automatic and will not affect the total supply.

For more information, you can view the new EURt address here ⬇️
https://etherscan.io/token/0xc581b735a1688071a1746c968e0798d642ede491

My take: "Aside from #bitcoin, of course, which is the king of all cryptocurrencies, ..... We definitely see #tether as a complement to bitcoin rather than a competitor."

https://www.forbes.com/sites/billybambrough/2020/10/16/has-bitcoin-finally-met-its-match/#4a7ec2c86e62

As the most stable and liquid stablecoin, #Tether is proving itself to be one of the most trusted #cryptocurrencies. Our team is also working to further growth into online commerce and traditional finance. #USDt #stablecoins

https://m.mondovisione.com/media-and-resources/news/tethers-rapidly-rising-market-cap-poised-to-surpass-ethereums-next-year-blo/

Load More...

Submit Your Reviews