$1.00
Tether Price | $1.00 |
24h High / 24h Low | $1.00 / $1.00 |
Trading Volume | $81,175,383,661.00 |
Price Change (24h) | -$0.00 |
Price Change Percentage (24h) | -0.003% |
Market Cap Rank | #4 |
Market Cap | $159,430,525,694.00 |
Market Cap Change (24h) | $311,155,982.00 |
Market Cap Change Percentage (24h) | 0.196% |
Volume / Market Cap | 0.5092 |
All-Time High | $1.32 |
All-Time Low | $0.57 |
Tether (USDT) is the original multi-chain stablecoin pegged 1:1 to the U.S. dollar, used ubiquitously for trading, remittances, and DeFi liquidity. Issued by Tether Limited, each USDT token is backed by a mix of cash, equivalents, and short-term debt, with periodic attestations to confirm reserves.
Launched in 2014 by Brock Pierce, Reeve Collins, and Craig Sellars to create a digital dollar on Bitcoin’s Omni layer,later expanding to multiple blockchains to meet demand.
Its cross-chain ubiquity and deep liquidity make Tether the de facto on-ramp/off-ramp for crypto market. Traders and protocols rely on Tether's stability, availability, and minimal slippage across dozens of networks.
Security relies on the base chain (e.g., Ethereum, Tron) and Tether’s reserve attestations and custody practices.
Tether is the most traded stablecoin, enabling seamless movement of value between crypto and fiat systems.
Contract and issuance upgrades are made internally by Tether and applied to supported chains.
Major holders include centralized exchanges (Binance, Kraken), DeFi protocols (Curve, Aave), and institutional custodians using Tether for treasury management.