Tether is a stablecoin backed by fiat currencies.
Tether (USDT) is a stablecoin pegged to the US dollar, bridging fiat and crypto, offering stability and low transaction fees.
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What is Tether (USDT)?
Tether is a blockchain-based cryptocurrency whose tokens are backed by equivalent amounts of traditional fiat currencies like the US dollar, euro, or Japanese yen stored in a designated bank account. The native tokens of the Tether network are called USDT and are actively traded on various platforms. As a stablecoin, Tether aims to keep its value stable, unlike more volatile cryptocurrencies such as Bitcoin and Ethereum, making it useful for transactions and store of value. It belongs to the category of fiat-collateralized stablecoins, meaning each USDT is backed by a specific amount of fiat currency. Tether was created to connect the world of fiat money with cryptocurrencies, offering transparency, stability, and low transaction fees. While USDT is pegged to the US dollar at a 1:1 ratio, ...
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Tether price live information
As of now, Tether is trading at 1 USD, with a 24-hour trading volume of approximately 12.77B USD. The USDT to USD price is updated in real time. Over the past 24 hours, Tether has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 144.02B USD. Currently, there are 144 016 138 601 USDT in circulation out of a maximum supply of 144 016 138 601 USDT.
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