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Tether USDt
Investing.com
Currency in
USD
| USDT/USD | US Dollar | ||
| USDT/CAD | Canadian Dollar | ||
| USDT/MXN | Mexican Peso | ||
| USDT/BRL | Brazil Real | ||
| USDT/ARS | Argentinian Peso | ||
| USDT/THB | Thai Baht | ||
| USDT/INR | Indian Rupee | ||
| USDT/EGP | Egyptian Pound | ||
| USDT/ZAR | South African Rand | ||
| USDT/TRY | Turkish Lira | ||
| USDT/RUB | Russian Ruble | ||
| USDT/EUR | Euro | ||
| USDT/UAH | Ukrainian Hryvnia | ||
| USDT/PLN | Polish Zloty | ||
| USDT/RON | Romanian Leu | ||
| USDT/CZK | Czech Koruna | ||
| USDT/GBP | British Pound |
Disclaimer
1.0002
-0.0003(-0.03%)
Real-time Data
Day's Range
1.0001
1.0002
52 wk Range
0.9964
1.0064
Tether USDt is a form of digital cryptocurrency, also referred to as USDT Coin. Use this page to follow the Tether USDt price live, cryptocurrency news, Tether USDt market cap and updates. Create alerts, follow opinion and analysis and view real time market data. The Tether USDt crypto stock price is updated in real-time.
Day's Range
1.00011.0002
52 wk Range
0.99641.0064
- Bid/Ask
- -
- Vol (24H)
- 37.14B
- Market Cap
- 111.46B
- Day's Range
- 1.0001-1.0002
- 52 wk Range
- 0.9964-1.0064
- Max Supply
- -
- Circulating Supply
- USDT111.43B
- Rank
- 3
Type:Currency
Group:Minor
Base:Tether USDt
Second:US Dollar
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orFAQ
What is Tether?
Tether is an offering from Hong Kong-based tech company Tether Holdings. Tether or USDT was created to address the volatility concerns which currently plague the crypto industry. Given this, Tether is backed by fiat and is a stablecoin that aims to track the value of the US dollar. By extension, it aims to make crypto valuation stable. Tether serves as the first digital asset used by most crypto investors in interfacing with the crypto space.
How to buy Tether
Tether can be bought from most crypto exchanges in the blockchain ecosystem. Many crypto investors use it as a payment rail to buy other cryptocurrencies, making it highly popular. Exchanges like Binance, Huobi Global, Coinbase, Gate.io, Kucoin, and several others offer Tether purchases. Tether is the easiest cryptocurrency to lay your hands on.
How does Tether work?
Tether tracks the price movement of the US dollar, and since the coin is a stablecoin, Tether cannot be lower or higher than $1 with some little variation. This is why every Tether coin in circulation must be duly backed by a commensurate amount of physical cash or appropriate financial instrument.
How to mine Tether
Although Tether is a digital currency like Bitcoin, it cannot be mined as it is inherently pegged to the US greenback. Mining Tether would go against the reason why this cryptocurrency was created. The only way to get more Tether coins is to buy them.
How does Tether make money?
How does Tether make money?
Tether doesn't make money; on the contrary, it loses money because it is tied to a real-world asset. Nonetheless, it serves as a lubricant for the fast-evolving crypto market.
Why has Tether coin caused so much controversy?
Tether coin has been involved in controversy over accusations that it has not been transparent with its reserves. The stablecoin company was required to post the quarterly records of its fiat reserve currencies after a lawsuit filed by the New York Attorney General (NYAG) office.
The company recently posted its records and showed that only 10% of the more than $69 billion-worth of Tether coins are backed with real cash and similar financial instruments. This record has drawn the ire of regulators and critics who allege that the stablecoin is printing money.
The firm was recently embroiled in financial misappropriation with crypto exchange BitFinex which saw it slammed with an $18 million fine.
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Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
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