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Tether
USDT
$ 0.999367
0.00001578 BTC
Marketcap
$ 109,061,526,465
Volume (24h)
$ 49,871,805,545
Circulating Supply
109,031,963,305 USDT
Total Supply
109,031,963,305 USDT

Live Tether Chart

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Tether Calculator

USDT


 

What Is Tether?

Tether is a tocken issued by Tether Limited company which belongs to the Bitfinex trading platform. It was built on top of Omni Layer digital currency protocol, which works on the Bitcoin blockchain.

The main purpose of this token is to provide stability to traders and members of cryptocurrency market, because Tether is claimed to be backed by US dollars on Tether Ltd bank accounts, so its price is not as volatile as prices of other cryptocurrencies. However, that remains yet to be proven and is is the reason why the U.S. Commodity Futures Trading Commission issued subpoenas to both Tether and Bitfinex. Also Tether Ltd underlines that the Tether token is not a financial instrument, and the owners of Tethers have no rights for legal claims or guarantees against losses.

Nevertheless, tether is a very popular token and is used by a number of exchanges (mostly the crypto to crypto only ones) as their main stablecoin. The amount of Tethers grew up to $2.8 billion. During summer 2018 around 80% of Bitcoin volume was traded in Tethers.

Tether Historical Data

USDT decreased by -0.08% in the last hour.

USDT decreased by -0.06% in the last 24 hours.

USDT  decreased by -0.03% over the past 7 days.

USDT  decreased by -0.34% over the past 30 days.

USDT’s all-time high reached $ 1.32 on July 24, 2018, and it’s currently 24.29% compared to its all-time high.

More Data

* Currency in USD
Historical Price for Tether
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Tether Markets

Tether Markets
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