What is Tether (USDT)?

Tether is a cryptocurrency ranked #3 by market capitalization, currently trading at $0.9992.

Crypto Observer assigns Tether a heuristic Trust score of 91/100 based on market-cap rank, liquidity and supply transparency. This is not financial advice.

Coin Directory

Tether USDT

Rank #3Stablecoin

91Low

$0.9992

1h -0.0%24h -0.0%7d +0.0%

+0.0% (7D)

Hover the chart for exact prices

Low $0.9987High $0.9994

Market Cap

$184.21B

24h Volume

$43.55B

FDV

$189.67B

All-Time High

$1.32

Circulating

184.35B USDT

Max Supply

∞ / —

Trust Score

91/100

ATH Distance

-24.5%

Contract (Ethereum)

0xdac17f958d2ee523a2206206994597c13d831ec7+10 chains

About Tether

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses block…

Official website ↗Explorer ↗