BTCC/ Crypto Prices / Tether USDt (USDT)
Tether USDt

Tether USDt Price USDT

USD
$0.999464
$0.000675 +0.07%
1D7D1M3M1Y YTD All

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Tether USDt Today's Price

The real-time price of Tether USDt today is $0.999464(USDT/USD), with a market capitalization of $185.59B USD. The 24-hour trading volume is $161.07B USD. The price of USDT to USD updates in real time. Over the past 24 hours, Tether USDt has changed by +0.07%, with a circulating supply of 185.72B.

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About Tether USDt

Tether (USDT) is a  stablecoin  linked to the US dollar. According to its website, "100% is supported by Tether's reserves". Tether was launched as RealCoin  in July 2014 and renamed Tether in November 2014. It began trading in February 2015. Tether was originally based on Bitcoin blockchain and now supports Omni and Liquid protocols of Bitcoin, as well as Ethereum, Tron, EOS, Algorand, Solana, OMG Network and Bitcoin Cash blockchain.

 

As of May 2022, Tether was the third largest cryptocurrency after Bitcoin  and Ethereum, and also the largest stablecoin, with a market value of nearly $83 billion. In April 2022, Tether's USDT  accounted for two-thirds of exchanges other than Bitcoin by value.

 

What Is Tether (USDT)?

One kind of cryptocurrency that actively seeks to maintain a steady value through market processes is Tether (USDT). Investors use it to protect themselves from the inherent volatility of their cryptocurrency holdings while maintaining value in the market that is readily usable.

 

A fiat currency, such as the USD, CAD, AUD, or even the Yen (JPY), serves as the collateral for Tether, a sort of stablecoin. Tether was developed to provide USDT consumers with cheap fees, stability, and transparency while bridging the gaps between fiat currencies and blockchain assets. Tether has a 1:1 peg to the US dollar. Tether Ltd. makes no guarantees on the ability to redeem or exchange Tether for US dollars. The Tether firm does not allow the direct conversion of USDT for USD.

 

How Does Tether (USDT) Work?

There is one dollar's worth of assets behind every Tether (USDT) token. Although the Omni Layer protocol allowed all Tether to be issued on the Bitcoin blockchain at first, any chain that Tether supports now can be used. One tether, or USDT, can be used in the same way as any other token or currency on the same chain once it has been issued. Tether is compatible with many blockchains at the moment, including Bitcoin, Ethereum, Tron, Algorand, and OMG Network.

 

Because of Proof Of Reserves, the amount of Tether in circulation will never exceed the amount of reserves held by Tether. You may check this out on their website.

 

What Is Special About Tether (USDT)?

Few projects can truly match the validity of Tether (USDT), which has been used and accepted for years despite frequent challenges. It is widely accepted as a form of exchange and payment by numerous businesses and protocols inside the blockchain ecosystem. Tether is immune to market dangers like Black Swan events because of its substantial reserves. USDT is a popular hedging for both traders and users since it has the same benefits as other cryptocurrency tokens on the network, such as peer-to-peer trading and PoW or PoS security.


Conclusion

Every day, Tether facilitates transactions of millions of dollars in value, helping to keep it among the market's most popular stablecoins. In spite of all the negative press, millions of people still use Tether because it provides a stable platform for decentralized international money transfers.

 

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Tether USDt FAQ

Why is Tether USDt going up?

Tether USDt's price is increasing due to demand outstripping supply, fueled by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
 

Is Tether USDt a good investment based on its price history?

Tether USDt(USDT) has historically grown over time but is volatile. Investment depends on risk tolerance and long-term strategy.

When will Tether USDt crash again?

Predicting the exact timing of a Tether USDt crash is impossible, as the market is influenced by a complex mix of global economics, regulation, and investor sentiment.

 

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Tether USDt’s all-time low (ATL)?

The Tether USDt All-Time Low (ATL) price was 0.5683140158653259, recorded on 2015-03-02 01:50. This stands as the lowest price for Tether USDt(USDT) on record.
 

What was Tether USDt’s all-time high (ATH)?

The Tether USDt All-Time High (ATH) was $1.22, recorded on 2015-02-25 17:05. This represents the highest price Tether USDt has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live USDT price for the most up-to-date information.

How many Tether USDt are there?

Tether USDt(USDT) currently has a circulating supply of 185.72B, with its maximum supply capped at ∞.
 

What is the current market cap of Tether USDt(USDT)?

The current market cap of Tether USDt(USDT) is $185.59B. The market cap of a cryptocurrency refers to its total circulating supply multiplied by its current price.

What is Tether USDt's 24h trading volume?

Tether USDt's 24h trading volume is $161.07B, representing the total value of all Tether USDt(USDT) bought and sold across exchanges in the past 24 hours.

What is the current price of Tether USDt(USDT)?

The current Tether USDt price is $0.999464. As the USDT price changes constantly, BTCC offers real-time USDT to USD prices that can be accessed at the top of our crypto price page.

How to Buy Tether USDt: A Quick Guide?

Tether USDt can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including USDTUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.