Bitcoin
Bitcoin$50 226.69

-10.79%

Ethereum
Ethereum$3 815.64

-11.13%

Binance Coin
Binance Coin$601.73

-9.60%

Cardano
Cardano$1.83

5.11%

Tether
Tether$1.00

0.02%

Dogecoin
Dogecoin$0.417676

-15.15%

Price predictions

Tether (USDT) Price, Market Cap and Information


Tether (USDT) Buy Tether Now
Tether (USDT) Blockchain has numerous advantages over traditional financial technologies, as it offers cheap, fast and unlimited transactions without intermediaries...
CVIX 1
Current price $1.00
Change 24h 0.02%
Change 7d 0.01%
Market Cap $57 767 012 394
Available supply 57 755 893 177 USDT
Volume 24h $249 061 797 865
Updated Thursday, May 13, 2021 1:00:22PM UTC
Nature Token
Mineable No
Discussion
WWW Website

Tether price change 24 hours

Tether Short Term Forecast

After Price Change
1 day $1.00 0.02%

Tether Price Predictions

Tether General Information

General USDT facts, technical details and Tether Cryptocurrency information

The Tether project was initiated in 2015 by the Bitfinex exchange. The main goal was the exchange of real dollars for digital currency avoiding bureaucratic difficulties in bidding, as well as barriers and bans on converting fiat to cryptocurrency. Then, the "digital dollar" was listed by the largest cryptocurrency exchange Poloniex. Traders were advised to use this option as a simplified way to switch from electronic fiat currency to digital money. Many currencies began to trade in pairs with the digital dollar.

The Tether platform is based on the Bitcoin blockchain using the Mastercoin / Omni algorithm and has all the basic characteristics of cryptocurrency. However, its implementation is controversial among users and analysts. The project provides an opportunity to convert any national fiat currency into a digital analogue at the 1:1 ratio. The exchange marker of the selected currency will receive the letter T added at the end. Users will eventually be able to quickly enter real fiat money into trading with digital currencies.

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.

Tether Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
May 02 1.00 0.999800 1.00 51 790 805 104
May 03 1.00 0.999800 1.00 52 060 478 164
May 04 1.00 0.999800 1.00 52 172 744 980
May 05 1.00 0.999800 1.00 52 846 234 149
May 06 1.00 0.999800 1.00 53 557 936 637
May 09 1.00 0.999814 1.00 55 542 197 166
May 10 1.00 0.999800 1.00 55 781 600 785
May 11 1.00 0.999805 1.00 56 525 790 842
May 12 1.00 0.999803 1.00 57 284 616 638
May 13 0.999980 0.999887 1.00 57 767 012 394

USDT/USD Price Charts

USDT to USD price chart – 7 days
USDT to USD price chart – 30 days
USDT to USD price chart – 60 days
USDT to USD price chart – 6 months

* Crypto Rating accepts no liability for any errors in the Tether information, USDT Prices and USDT's Market Cap. For the most up-to-date prices please visit the Tether's official website.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 77.2% 36 $50 226.69 -10.79% -12.85% $939 690 847 538 $103 909 616 688
2 Ethereum (ETH) ETH Ethereum predictions 62.4% 74 $3 815.64 -11.13% 9.32% $442 066 706 506 $87 905 674 728
3 Binance Coin (BNB) BNB Binance Coin predictions 68.4% 68 $601.73 -9.60% -6.31% $92 325 340 931 $6 926 722 256
4 Cardano (ADA) ADA Cardano predictions 68.8% 58 $1.83 5.11% 12.46% $58 419 827 891 $10 004 688 971
5 Tether (USDT) USDT Tether predictions 91.6% 1 $1.00 0.02% 0.01% $57 767 012 394 $249 061 797 865
6 Dogecoin (DOGE) DOGE Dogecoin predictions 62.4% 83 $0.417676 -15.15% -30.57% $54 123 768 589 $13 702 056 284
7 XRP (XRP) XRP XRP predictions 69.2% 65 $1.32 -8.39% -19.51% $46 503 499 396 $12 786 620 741
8 Polkadot (DOT) DOT Polkadot predictions 71.2% 60 $40.76 2.99% -0.48% $38 212 201 989 $6 862 555 954
9 Pundi X (NPXS) NPXS Pundi X predictions 83.2% 25 $0.123400 2 644.53% 2 584.47% $30 588 789 230 $371 549
10 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 69.6% 61 $1 271.88 -12.86% -10.07% $23 830 083 284 $10 829 756 127
11 UniSwap (UNI) UNI UniSwap predictions 66.8% 62 $38.46 -8.97% -7.46% $21 518 945 928 $1 774 020 105
12 Litecoin (LTC) LTC Litecoin predictions 65.2% 74 $321.16 -13.79% -7.92% $21 438 052 985 $10 926 115 070
13 Chainlink (LINK) LINK Chainlink predictions 66.8% 64 $43.49 -9.22% -9.62% $18 483 376 350 $3 521 746 343
14 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $0.999839 -0.01% -0.02% $14 377 848 869 $4 443 430 148
15 Stellar (XLM) XLM Stellar predictions 68% 71 $0.603965 -10.93% -2.30% $13 951 564 055 $3 400 847 012

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