Tether USDT
Rank #3$1.00
+0.02%
CoinGecko · just now
Tether Statistics
- Market Cap
- $184.13B
- 24h Volume
- $64.87B
- 24h High
- $1.00
- 24h Low
- $0.9999
- Circulating Supply
- 184,112,071,794.283 USDT
- Max Supply
- Unlimited
- All-Time High
- $1.32
- All-Time Low
- $0.5725
About Tether
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 b
Frequently Asked Questions about Tether
What is Tether (USDT)?
Tether (USDT) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $184.13B, making it one of the notable digital assets in the crypto market.
What is the current price of Tether?
The current price of Tether (USDT) is $1.00. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy Tether?
You can buy Tether (USDT) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is Tether a good investment?
Whether Tether is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
