TipRanksCryptocurrencyWhat Is The Price Of Tether?

What Is The Price Of Tether?

Price Chart

Current Price
Price Change (24h)<$0.01 (<0.01%)
24h Low - 24h High$1.00 - $1.00
24h Volume$439.53M (439,640,147.00)
Market Cap$117.61B
Volume / Market Cap0.00355
Market Cap Dominance4.04%
Circulation Supply111.36B
Total Supply117.63B
Max SupplyN/A
Hash RateN/A
All-Time High$207.09 (-99.52%)
1-Year Price Return-0.10%
6-Month Price Return-0.10%
3-Month Price Return0.00%
1-Month Price Return-0.20%

Tether News & Analysis

Jonathan MorganJudge Greenlights Crypto Lender Genesis’ $2 Billion Bankruptcy Plan
Jonathan MorganPolkadot and Mythos’ Strategic Partnership to Bring 5M Gamers Onboard
Jonathan MorganCan Solana’s Performance Offset the Pump.fun Exploit Fallout?
Jonathan MorganThe SEC’s Ethereum ETF Approval Could be Imminent
Jonathan MorganWhale Activity on Cardano Has Shot Through the Roof
Jonathan MorganTether Injects $1 Billion Worth of USDT into Market
Jonathan MorganDevelopers Bet “Programmability” Could Ignite Bitcoin’s Next Rally
Kailas SalunkheCrypto Roundup: MSTR’s MSCI Inclusion; Hong Kong ETFs; COIN’s Australia Move
Read the latest Tether news and analysis from the TipRanks news team.

Tether FAQ

What is the price of one Tether?
The live price of Tether (USDT-USD) is $1.00.
What’s Tether All-Time High?
Tether's (USDT-USD) all-time high is $207.09.
What is the total supply of Tether?
The total supply of Tether (USDT-USD) is 117.63B coins.
What is Tether dominance?
Tether (USDT-USD) dominance is at 4.04%.

What is Tether?


Tether, a stable-value coin, was created in 2014 by Craig Sellars, Brock Pierce, and Reeve Collins with the purpose of mirroring the price of USD. This peg with the U.S. Dollar is maintained by holding financial assets whose value remains equal to the total USDT coins in circulation. While initially compatible with BTC, USDT (a second-layer token) can now work on multiple blockchains including ETH. Cryptocurrencies can be volatile and USDT provides stability by maintaining its peg and can act as an inflation hedge as well as an instrument of safety. Further, Tether’s transparency page divulges the total number of tokens in circulation and the value of its reserves on a daily basis. Tether is useful for exchanges, wallets, financial services and payment processors. Currently, it supports multiple fiat currencies including the USD, Euro, Chinese Yuan, Mexican Peso, and British Pound Sterling, as well as Gold.

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