An icon of the cryptocurrency Tether USD (USDT)

Tether USD (USDT) price

Tether USD (USDT) live price in US dollar (USD). View value statistics, market cap and supply.

USDT price chart

Price to USD 24h change
$ 0.9987
-0.60%
$

Convert USDT to USD

Use the calculator to convert real-time prices between all available cryptocurrencies and fiat.

USDT value statistics

An overview showing the statistics of Tether USD, such as the base and quote currency, the rank, and trading volume.

Price to USD $ 0.9987
Price to BTC 0.0000219 BTC
Rank 7
24h volume $ 161.02 billion
Market cap $ 58.28 billion
Fully diluted market cap $ 58.44 billion
All-time high (daily avg.) $ 2.00 on 7/22/2016

Supply information

View the total and circulating supply of Tether USD, including details on how the supplies are calculated.

58.36 billion USDT
Details
Total supply 58.52 billion USDT
Burned, team or smart contract locked balances. - 162.36 million USDT
Circulating supply 58.36 billion USDT
Verified supply 99.7%
Circulating supply 58.36 billion USDT
Total supply 58.52 billion USDT

Top Tether USD exchanges

The top crypto exchanges that have Tether USD available for trading, ranked by 24h trading volume and the current price.

Exchange 24h volume
$ 0
$ 1.00
$ 0
$ 0.9990
$ 0
$ 1.00
$ 0
$ 1.00
$ 0
$ 0.9990
All USDT exchanges

Top Tether USD markets

A list of the top Tether USD markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

Market 24h volume
1 BTC/USDT Binance
$ 7.84 billion
$ 1.00
2 ETH/USDT Binance
$ 7.05 billion
$ 1.00
3 ETH/USDT EtherFlyer
$ 4.05 billion
$ 1.00
4 ETH/USDT Huobi Global
$ 3.98 billion
$ 0.9988
5 ABC/USDT ZB Global
$ 3.53 billion
$ 0.9989
All USDT markets

What is Tether USD

Tether (USDT) has pegged its USDT tokens to the price of the US dollar by using blockchain technology. Tether belongs to the category cryptocurrencies called stablecoins that aims to keep cryptocurrency valuations stable, in opposition to other cryptocurrencies, such as Bitcoin and Ethereum.

The goal of Tether

Tether was designed to build a bridge between cryptocurrencies and fiat currencies, with the benefits of cross-border payments facilitated by blockchain technology. Its purpose is to provide a token that represents a fiat currency at a 1:1 ratio, with in this case US dollar.

Who started Tether

In July 2014, Tether was first launched as RealCoin. Later it was rebranded as Tether in November 2014 by Tether Ltd., the company that is responsible for maintaining the reserve amounts of fiat currency. It started trading in February 2015. The project was initially founded by Bitcoin Foundation director Brock Pierce, software engineer Craig Sellars, and entrepreneur Reeve Collins.

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