Tether (USDT): Price, Charts and Market Cap

TetherTether website
Symbol USDT
Nature Token
Brief Blockchain has numerous advantages over traditional financial technologies, as it offers cheap, fast and unlimited transactions without intermediaries. However, the volatility of blockchain-based currencies exchange rates does not allow them to become widespread.
Discussion https://tether.to/
Last updated: 23 February, 2019   00:58:09
Current price, USD: $1.007
Current price, BTC: 0.0002536
Market capitalization, USD: $2 035 102 243
Available supply: 2 021 459 017 USDT
Volume 24 hours, USD: $6 575 331 353
Mineable No

Tether general information

General USDT facts, technical details and general information about Tether crypto currency


Blockchain has numerous advantages over traditional financial technologies, as it offers cheap, fast and unlimited transactions without intermediaries. However, the volatility of blockchain-based currencies’ exchange rates does not allow them to become widespread.

Tether combines the technology of bitcoin with fiat currencies, which allows one to take advantage of blockchain, using a currency backed by the US Treasury or the European Central Bank. According to Reeve Collin, the project’s CEO, Tether converts the dollar into digital form and transfers this digital dollar to the blockchain.

The Tether platform allows one to convert the US dollar, euro or Japanese yen into the corresponding Tether tokens. Tether coins are 100% backed up with fiat currencies on the accounts of the company, which remain completely transparent and audited to guarantee full compliance with the declared reserves. Tether can be exchanged for the respective currencies using the platform at any time.

Tether uses the mastercoin / omni protocol to create tokens. Thanks to Omni, Tether transactions are hashed and passed through Bitcoin blockchain, where they are checked by Bitcoin-miners along with other transactions.

Transfers between Tether wallets are completely free.

For many ideological fans of Bitcoin Tether is too similar to a fiat currency –  and not because of its link to the dollar. Tether is also centralized, requires permission to use and depends on the users' trust in an organization – which is the opposite to the principles on which bitcoin is based.

Historical data for Tether

We list daily Tether historical data for the past 10 days

Date Open, $ Min, $ Max, $ Market cap, $
23 Feb 1.007 1.007 1.007 2 036 094 654
22 Feb 1.006 1.006 1.009 2 033 671 465
21 Feb 1.012 1.003 1.012 2 045 114 399
20 Feb 1.008 1.005 1.008 2 037 034 776
19 Feb 1.008 1.005 1.011 2 038 068 219
18 Feb 1.003 1.001 1.012 2 027 788 555
17 Feb 1.002 0.998 1.005 2 025 526 694
16 Feb 1.005 1 1.006 2 032 115 285
15 Feb 1.005 1.003 1.007 2 032 183 765
14 Feb 1.006 1.004 1.007 2 034 084 686

USDT/USD Exchange Rates


Tether to USD price chart — 7 days

USDT to USD price chart — 30 days

Tether

Tether(USDT) price change (24h)

USDT price change 24 hours 0.2%
USDT price change 7 days 0.26%
Tether Price Prediction

At one time, USDT could have been a great first for the market, and it really helped save money and gave time to think about how to act.

Olson   8 January, 2019  

In the long run, the decline of Tether may positively affect the cryptocurrency market, as this is going to force investors to more closely consider options with Gemini Dollar, Paxos and TrueUSD.

Dennis   15 October, 2018  
Add/Read Tether Reviews

Best Cryptocurrencies to Buy

Currency Price, USD 24h
1 Bitcoin $3 974.742 0.04%
2 Ethereum $147.526 0.45%
3 XRP $0.319 -0.52%
4 EOS $3.841 0.29%
5 Litecoin $49.072 -0.68%
6 Bitcoin Cash $142.798 -0.6%
7 Tether $1.007 0.2%
8 Stellar $0.090 1.25%
9 TRON $0.025 0.45%
10 Binance Coin $10.545 -2.44%
11 Cardano $0.046 1.74%
12 Bitcoin SV $65.387 -0.02%
13 Monero $51.994 0.38%
14 IOTA $0.302 -0.46%
15 Dash $85.903 0.06%

Tether News & Forecasts

We publish the most accurate Tether Forecasts and News including crypto industry experts' opinion on a daily basis