T

Tether

USDT
Rank #4

$1.00

-0.00%
(24H)

Fundamentals

Today's Low
1
$1.00
Today's High
1

Price & Market Stats

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 Cap0.5092
All-Time High
$1.32
All-Time Low
$0.57

About Tether

What Is Tether?

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.

Who Are the Founders of Tether?

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.

What Makes Tether Unique?

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.

How Is the Tether Network Secured?

Security relies on the base chain (e.g., Ethereum, Tron) and Tether’s reserve attestations and custody practices.

What Is Tether’s Role in the Crypto Ecosystem?

Tether is the most traded stablecoin, enabling seamless movement of value between crypto and fiat systems.

How Is Tether’s Technology Upgraded?

Contract and issuance upgrades are made internally by Tether and applied to supported chains.

Who Are the Largest Corporate Holders of Tether?

Major holders include centralized exchanges (Binance, Kraken), DeFi protocols (Curve, Aave), and institutional custodians using Tether for treasury management.

Frequently Asked Questions

Yes. Tether is recognized in most jurisdictions, though regulators scrutinize Tether’s reserve practices and transparency.
Smart contracts are secure, but custody risks and bridge hacks remain threats.
Yes. Widely accepted by merchants via Visa/Mastercard crypto cards and payment gateways that support Tether settlements.

Team

JV
Jean-Louis van der Velde
CEO
A technologist and serial entrepreneur, Jean-Louis speaks five languages and has amassed 30 years of experience in the international high-tech industry, followed by a gradual move towards international finance and Fintech. Jean-Louis left his native country of the Netherlands in 1985 to attend university in Taiwan and has lived in Asia ever since. Since arriving in Asia, he has co-founded several IT companies ranging from hardware design and development to software. He has been at the center of the early development of several critical technologies through his businesses (embedded systems, video streaming, IPTV, digital TV, web-based applications, and digital marketing). During the dot-com days, he was a regular speaker at technology conferences on open-source technologies as the co-founder of one of the most advanced embedded Linux companies. He has occupied senior management positions in some large private and public corporations in IT, distribution, and manufacturing and still serves as an executive director in a Chinese automotive group and a Hong Kong-based VC. In early 2013, Jean Louis joined to become CEO / co-founder of Bitfinex and structured the holding (DigFinEx) focused on developing and investing in new Fintech and big data-related technologies, implementing a strict set of AML/KYC rules with a self-developed system and successfully works with banking partners, regulatory and law enforcement to work on innovation and new developments in the Fintech space. Jean Louis is also CEO of Tether, a new frictionless payment clearing system in beta testing developed by a team of experts. Jean-Louis is also a lecturer at the National Taiwan University of Science and Technology (NTSTU) and a guest lecturer at Taiwan University (Blockchain and Regulation). JL attended National Taiwan Normal University from 1985 to 1988.
SH
Stuart Hoegner
General Counsel
International cryptocurrency lawyer & accountant based in Canada representing leading entrepreneurs and businesses in dynamic market spaces. Appeared as an expert on cryptocurrency issues before securities commissions and regulators, the Department of Finance, the Canadian Intellectual Property Office, and the Senate Standing Committee on Banking, Trade, and Commerce. Editor of ‘The Law of Bitcoin’, the world’s first book on the law of cryptocurrencies. Previously spent 8 years in the M&A Tax Group at Ernst & Young and obtained law degree from the Faculty of Law at the University of Toronto.
GD
Giancarlo Devasini
CFO
Became a partner in Bitfinex in early 2013 and worked on establishing banking relationships, attracting key personnel, and re-domiciling Bitfinex in Hong Kong. Currently serving as Chief Financial Officer of both Bitfinex and Tether, splitting time between London and the French Riviera.
calculator-asset

Turn Your Crypto Trades Into a Filing-Ready Report

KoinX auto-calculates your gains & losses, making your tax report accurate, compliant, and audit-ready.