Array Tether Price Today | Live USDT Price Chart and Market Cap | CoinGape
Tether

Tether (USDT) Price Today

USDT
$1.0004479873700
0.04% (24 Hour)
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Tether Prices and Marketcap Comparison

Name Price 24 hr Market Cap Circulating Supply
Tether Tether $1.00044799 0.04% $177,499,759,631 177,420,277,588

Tether (USDT) Price Statistics

  • Market Price

    $1.00044799

  • Price Change 1H
    0.01%
  • Price Change 24H
    0.04%
  • Price Change 7 Days
    -0.02%
  • Price Change 30 Days
    -0.09%
  • Market Cap

    $177,499,759,631

  • 24H Volume

    $120,876,915,732

  • All Time High

    $1.2154900000

  • Total Supply

    177,420,277,588

  • Circulating Supply

    177,420,277,588

  • Max Supply

    NA

  • 24H High

    1

  • 24H Low

    0.9995020000

  • 7 Days High

    1

  • 7 Days Low

    1

  • 30 Days High

    1

  • 30 Days Low

    1

  • 90 Days High

    1

  • 90 Days Low

    0.9993110000

Tether (USDT) Price is Down Today

Live Price of Tether (USDT) is $ 1.00044799 Today, with cryptocurrency’s 24-hour trading volume being $120,876,915,732. The coin has Surge 0.04% in the past 24 hours and Tether (USDT) is currently trading between $1.00125092686 and $0.999198597406. Tether (USDT)’s live market cap stands at $177,499,759,631.

Tether (USDT)’s rank on Coingape Crypto Price Page: #3

Tether (USDT) Circulation Supply: 177,420,277,588

Tether (USDT) Maximum Supply: NA

USDT Price History

Date Open High Low Close Volume
27 Oct 25$0.9998005256394$1.00$0.9991985974061$1.00118320703975
26 Oct 25$1.00$1.00$0.9988141561821$0.999973008693584806543463
25 Oct 25$1.00$1.00$0.9998850641390$1.0055463169084
24 Oct 25$1.00$1.00$0.9993807419231$1.00105576612267
23 Oct 25$1.00$1.00$0.9992119015161$1.00111580888354
22 Oct 25$1.00$1.00$0.9990030175869$1.00145760560317
21 Oct 25$1.00$1.00$0.9990784612006$1.00169805155584
20 Oct 25$1.00$1.00$0.9995047069666$1.00108710022294
19 Oct 25$1.00$1.00$0.9993777071540$1.0071241460633

Global Tether Prices

1 USDT to CNY

¥

7.12429134869

1 USDT to EUR

0.860185287689

1 USDT to GBP

£

0.751106446728

1 USDT to INR

87.880369001

1 USDT to JPY

¥

153.126586788

1 USDT to USD

$

1.00044798737

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More on Tether (USDT)

What is the trading volume of Tether (USDT) in the past 24 hours ?

Tether (USDT) is currently trading at $1.00044798737 today, with a 24-hour trading volume of $120,876,915,732. The trading volume of Tether (USDT) in the past 24 hours provides insight into the total amount of a cryptocurrency traded on exchanges within 24 hours. It indicates market activity and liquidity.

What is the all-time high for Tether (USDT) ?

The highest transaction price for Tether (USDT) is $1.2154900000, which was recorded on 2015-02-25. Tether (USDT) is down -17.72% from its all-time high.

What is the Total supply of the Tether (USDT) ?

The total supply of Tether (USDT) stands at 177,420,277,588. However, Tether (USDT)'s current circulation supply stands at 177,420,277,588.

Tether (USDT) Explorers

With the help of blockchain explorers such as USDT Scan, Etherscan, and OKLink, you can find all the on-chain activity of the USDT or Tether cryptocurrency.

How is the Tether (USDT) doing against the crypto market?

Historically, Tether (USDT)'s price has dictated the movements in the crypto market. However, in the past 24 hours, Tether (USDT) is down by 0.04% .

Who Are the Founders Of Tether?

USDT is a stablecoin (stable-value cryptocurrency) that reflects the price of the U.S. dollar. Craig Sellars, Brock Pierce, and Reeve Collins co-founded USDT cryptocurrency.

Brock Pierce is a renowned entrepreneur who has co-founded several high-profile projects in the crypto and entertainment industries. In 2014, Pierce served as the director of the Bitcoin Foundation, a nonprofit established to help improve and promote Bitcoin. Pierce has also co-founded Block. one, the firm behind EOS, one of the largest cryptocurrencies on the market.

Reeve Collins acted as the CEO of Tether for the initial two years of its existence. Before that, he had co-founded several successful companies, like the online ad network Traffic Marketplace, entertainment studio RedLever & gambling website Pala Interactive. As of 2019, Collins is serving as the co-founder of Smar Media Technologies, a marketing and advertising tech company.

Apart from working on Tether, Craig Sellars has been acting as a member of the Omni Foundation for more than six years. Its Omni Protocol enables users to create and trade smart-contract-based properties and currencies on Bitcoin’s blockchain. These include Bitfinex, Factom, Synereo, and the MaidSafe Foundation.

What makes Tether different?

The fact that Tether guarantees its value to remain pegged or tied to the U.S. dollar. According to Stablecoin, whenever it issues new USDT tokens, it assigns the same amount of USD to its reserves. This ensures that USDT  supports cash or cash equivalents.

The high volatility of the crypto markets indicates that cryptocurrencies can go up or fall by 10-20% in a single day, making them unreliable as a store of value. In contrast, USDT is considerably safe from these fluctuations.

This characteristic makes USDT a haven for crypto investors: during periods of high volatility, they can park their portfolios in Tether without having to cash out into USD completely.

Besides, USDT offers an easy way to transact a U.S. dollar equal between regions, countries, and even continents through blockchain — without having to depend on a slow and costly intermediary, such as banks or financial services providers.

However, over the years, controversies have surrounded the validity of Tether’s claims about their USD reserves, sometimes disrupting USDT’s price, which fell as low as $0.88 at one point in its history. Many have raised concerns about the fact that an independent third party has fully audited Tether’s reserves.

Is there any limitation on the total number of Tether (USDT) coins in circulation?

There is the absence of a hard-coded limit to the total supply of USDT. Since it belongs to a private company, theoretically, its issuance is only by Tether’s policies.

However, because Tether claims that every USDT is supposed to be supported by one U.S. dollar, the quantity of tokens is capped by the actual cash reserves of the company. Besides, Tether does not disclose its issuance schedules ahead of time. Instead, they provide:

  • Daily transparency reports.
  • Listing the entire amount of their liabilities & asset reserves.  
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Tether (USDT) Frequently Asked Questions (FAQs)

1. Is Tether the most popular Stable coin?

The best-known Stablecoin in the crypto industry is Tether. Other stablecoins are True USD (TUSD), USD Coin (USDC), and Paxos Standard (PAX).

2. How does Tether manage to stay at $1?

Though Tether has fallen below $1 before (and risen above its peg) at certain times, it can stay near that price as long as: It goes on to redeem USDT tokens, each for $1 Investors believe issuance proceeds are completely reserved with liquid collateral assets.

3. How is the Tether network Secured?

USDT does not have a blockchain of its own. Instead, it works as a second-layer token on top of blockchains of other cryptocurrencies: Bitcoin, Ethereum, EOS, Tron, Algorand, Bitcoin Cash, and OMG, and their respective hashing algorithms secure it.