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: 16-12-2018 21:26:08
Current price, USD: $1.006
Current price, BTC: 0.0003082
Market capitalization, USD: $1 868 211 726
Available supply: 1 856 421 736 USDT
Volume 24 hours, USD: $2 152 846 364
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, $
16 December, 2018 1.005 1.005 1.01 1 866 018 732
15 December, 2018 1.002 1.001 1.007 1 860 110 529
14 December, 2018 1.003 1.001 1.006 1 862 636 888
13 December, 2018 1.004 1.001 1.005 1 864 205 790
12 December, 2018 1.014 1.004 1.016 1 881 767 591
11 December, 2018 1.014 1.008 1.016 1 882 705 910
10 December, 2018 1.016 1.013 1.021 1 885 612 530
9 December, 2018 1.018 1.013 1.019 1 889 978 530
8 December, 2018 1.011 1.009 1.018 1 875 936 480
7 December, 2018 1.006 1 1.009 1 867 886 935

USDT/USD Exchange Rates

Tether to USD price chart — 7 days

USDT to USD price chart — 30 days

Tether(USDT) price change (24h)

USDT price change 24 hours 0.24%
USDT price change 7 days -0.97%

Top 10 Cryptocurrencies

# Crypto Currency Price, USD 24 hours
1 Bitcoin (BTC) $3 266.341 -0.66%
2 XRP (XRP) $0.289 -1.24%
3 Ethereum (ETH) $85.833 -1.41%
4 Tether (USDT) $1.006 0.24%
5 Stellar (XLM) $0.097 -2.07%
6 EOS (EOS) $1.949 0.53%
7 Litecoin (LTC) $26.249 1.28%
8 Bitcoin Cash (BCH) $81.993 0.08%
9 Bitcoin SV (BSV) $77.133 -0.31%
10 TRON (TRX) $0.013 -0.71%

Tether News & Forecasts

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

Tether redeems $500 million worth USDT tokens

Data shows that the $500 million worth USDT tokens accounted for 52% of the total supply leaving only another $446 million in the Tether treasury...

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Are There Too Many Stablecoins?

In spite of depressed prices and an absence of liquidity and volume in the crypto market, stablecoins, cryptocurrencies tied to the value of a non-volatile asset, have become the flavor of the month...

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Tether Price Falls on Crypto Exchanges

Technical analyst and crypto trader Aurelius revealed that the price of Tether (USDT), the most widely utilized stablecoin in the cryptocurrency exchange market...

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Tether Has No Real Impact on Bitcoin

Contrary to the somewhat-popular idea that tether (USDT) issuance is used to manipulate crypto markets by boosting the price of bitcoin, a new academic study by researcher Wang Chun Wei...

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Stablecoins Won't Fix Bitcoin's Instability

Prof. Barry Eichengreen, an economics professor at UC Berkeley, in an op-ed published in The Guardian, said he believes stablecoins such as tether (USDT) might be stable...

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A Newly Launched Stablecoin

Tether likely comes to mind for most people when thinking of stablecoins. The multibillion-dollar market cap coin has become synonymous with its asset class, although TrueUSD, a rising competitor, has...

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Tether starts September with Treasury intervention

Bitcoin (BTC) prices are once again finding support from Tether (USDT), after the treasury wallet sent 100 million tokens to the Bitfinex hot wallet...

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Tether (USDT) New Intervention

The Tether treasury intervened in the markets with an injection of $50 million worth of tokens, very soon after that retiring the equivalent of $30 million tokens...

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