Tether $USDT

Ξ0.00044066 -0.02%
StablecoinsUSD StablecoinSolana EcosystemAvalanche EcosystemNear Protocol EcosystemCelo EcosystemEthereum EcosystemTezos Ecosystem
Market Cap
Ξ79,368,092.860
24h Volume
Ξ11,651,879.534
24h Change
-0.02%

Price (7D)

USDT Markets

View DEX Screener
PairDEXChainPrice24h VolumeLiquidity
USDT/SОL Orca Solana Ξ0.00044068 Ξ1,467,335.155 Ξ611,403.318
USDT/SОL Orca Solana Ξ0.00044069 Ξ244,867.841 Ξ593,810.638
USDT/USDT.z Orca Solana Ξ0.00044396 Ξ231,372.754 Ξ649,221.260
USDT/USDC Orca Solana Ξ0.00044056 Ξ151,856.951 Ξ1,168,877.339
USDC/USDT Fluid Ethereum Ξ0.00044133 Ξ126,443.162 Ξ14,952.000
USDC/USDT Uniswap V4 Ethereum Ξ0.00044132 Ξ111,511.812 Ξ3,139.274
USDT/USDT.z Orca Solana Ξ0.00045613 Ξ91,358.090 Ξ6,560.812
USDT/WTRX 0.05% SunSwap V3 Tron Ξ0.00044079 Ξ57,036.240 Ξ88,914.910
USDT/USDT Orca Solana Ξ0.00044765 Ξ52,076.727 Ξ11,559.979
USDT/USDS Uniswap V4 Ethereum Ξ0.00043972 Ξ29,233.453 Ξ24,185.358
AID/USDT PancakeSwap V2 BNB Chain Ξ0.02489052 Ξ27,658.293 Ξ332.875
USDT/WBNB 0.01% PancakeSwap V3 BNB Chain Ξ0.00044049 Ξ20,132.616 Ξ5,716.229

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 blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex)

The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that.

USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.