Tether Logo

Tether price

Today’s Tether price, chart, and market data
Buy USDT
Price data
$0.9992
Current price
$184.11B
Market cap
+0.0%
24h change
-0.2%
1y change
Tether Logo

Tether (USDT) chart

$0.9992

--0.1%
last 7 days
1D
1W
1M
1Y
Max
Tether Logo
USDT
US dollar Logo
USD
Tether converter
OKX Logo

OKX

1 USDT = $1.0091
Lowest price
Kraken Logo

Kraken

1 USDT = $1.0258
Our recommendation

, Source: CoinGecko

Tether market overview

Price data

Price data
$0.9992
Current price
–
All-time high
$184.11B
Market cap
$50.84B
+46.1%
Transaction volume (24h)

Price performance

Price performance
+0.0%
Day
--0.1%
Week
--0.1%
Month
--0.2%
Year

Tether news

News sentiment

Neutral
Neutral
NegativePositive

About Tether

What is Tether?

Tether (USDT) is a stablecoin pegged 1:1 to the US dollar. Issued by Tether Limited, each token is backed by reserves including US Treasury bills, cash, and other assets. USDT acts as a digital dollar in the crypto market, commonly used for short-term capital parking, trading, and fast cross-border transfers without the volatility of traditional cryptocurrencies.

Key data

Sector
Stablecoin
Key feature
Price stability (USD peg)
Founder
Brock Pierce, Reeve Collins, Craig Sellars
Published
2014
Social media
566,844 followers
Links

Technical details

Blockchain
Multi-chain
Consensus mechanism
Network-dependent (multi-chain)
Staking
No
Open source
No
Energy consumption
Low
Transactions per second
–

Our Tether rating

What we think

Tether has established itself as an indispensable tool in the crypto market. No other stablecoin offers comparable liquidity and global availability. For traders and users in emerging markets, USDT is often the most practical way to hold value in US dollars. That said, the criticism is valid: Tether Limited operates offshore, full audits are still missing, and the freeze function highlights how centralized the system is. For EU users, MiCA adds another factor, as USDT is increasingly restricted on regulated platforms. Despite this, Tether has weathered every major crisis and has processed billions in redemptions without issues. We see USDT as a highly practical trading instrument with clear utility, but not as a long-term store of value. Anyone holding larger amounts should keep issuer risk in mind and consider diversifying into regulated alternatives such as USDC.