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USDT-USD Overview
Price Chart
Current Price
$1.00
Price Change (24h)>-$0.01 (-0.10%)
24h Low - 24h High$1.00 - $1.00
24h Volume$559.39M (559,249,879.00)
Market Cap$80.14B
Volume / Market Cap0.00381
Market Cap Dominance7.09%
Circulation Supply79.18B
Total Supply80.14B
Max SupplyN/A
Hash RateN/A
All-Time High$207.09 (-99.52%)
1-Year Price Return0.10%
6-Month Price Return0.20%
3-Month Price Return0.20%
1-Month Price Return0.10%
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Tether News & Analysis
Stock Analysis & IdeasMetatime Raises $11M to Bring Transparency to Web 3.0 Ecosystem
Stock Analysis & IdeasFluidity Money Introduces Crypto Cashback Program with Request Finance
Read the latest Tether news and analysis from the TipRanks news team.
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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 80.14B coins.
What is Tether dominance?
Tether (USDT-USD) dominance is at 7.09%.
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What is Tether?
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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Crypto News
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Correlations to Tether
ProShares Bitcoin Strategy ETF
-0.09
Invesco QQQ Trust
-0.75
SPDR Gold Shares
0.36
SPDR S&P 500 ETF Trust
-0.88
Coinbase Global, Inc.
-0.46
Silvergate Capital Corp.
-0.78
Marathon Digital Holdings, Inc.
-0.54
Overstock.Com
-0.94
Microstrategy
-0.96
Riot Platforms, Inc.
-0.09
Correlation shows how closely two variables move in relation to one another. In investing, this relationship is expressed numerically and ranges between -1.0 and 1.0.
A correlation of 1 is a perfect positive correlation. In this case, as one security moves, the other security moves in the same direction by the same percentage.
A correlation of -1 is a perfect negative correlation. As one security moves, the other moves in the opposite direction.
A zero correlation implies no relationship between the two securities.
A correlation of 1 is a perfect positive correlation. In this case, as one security moves, the other security moves in the same direction by the same percentage.
A correlation of -1 is a perfect negative correlation. As one security moves, the other moves in the opposite direction.
A zero correlation implies no relationship between the two securities.
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Leading Cryptocurrencies
Bitcoin
$548.87B
Ethereum
$216.18B
Ripple
$54.08B
Binance Coin
$49.88B
Cardano
$17.00B
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S&P 500
Dow Jones Industrial Average
Nasdaq 100
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