$0.9992 | Current price |
|---|---|
$184.11B | Market cap |
+0.0% | 24h change |
-0.2% | 1y change |
Tether market overview
Price data
$0.9992 | Current price |
|---|---|
– | All-time high |
$184.11B | Market cap |
$50.84B +46.1% | Transaction volume (24h) |
Price performance
+0.0% | Day |
|---|---|
--0.1% | Week |
--0.1% | Month |
--0.2% | Year |
Tether news
News sentiment
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.
Sector | Stablecoin |
Key feature | Price stability (USD peg) |
Founder | Brock Pierce, Reeve Collins, Craig Sellars |
Published | 2014 |
Social media | 566,844 |
Links |
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.
Tether price comparison
$82,786.11
$0.9992
$0.9992
$0.9997
$2,531.06
$0.9992
$0.2430
$0.9992
$1.3788
$0.9992
$109.01
$0.9992
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