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TipRanksCryptocurrencyWhat Is The Price Of Tether?

What Is The Price Of Tether?

Price Chart

Current Price
$1.00
Price Change (24h)>-$0.01 (-0.03%)
24h Low - 24h High$1.00 - $1.00
24h Volume$529.96M (530,859,846.00)
Market Cap$119.00B
Volume / Market Cap0.00438
Market Cap Dominance4.64%
Circulation Supply112.91B
Total Supply119.17B
Max SupplyN/A
Hash RateN/A
All-Time High$207.09 (-99.52%)
1-Year Price Return-0.10%
6-Month Price Return-0.20%
3-Month Price Return-0.20%
1-Month Price Return-0.10%
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Tether News & Analysis

Michael Byrne3 ETFs That Could Benefit from a Trump Presidency
Annika MasraniBitcoin Sentiment Drop: A Sign of Market Bottom?
Vince CondarcuriTrump-Biden Debate Excludes Bitcoin despite Significant Lobbying Efforts
Kailas SalunkheCrypto Roundup: Block’s BTC Move, Coinbase’s New Partnership, and Solana’s Rise
Annika MasraniBolivia Embraces Bitcoin: Latin America’s New Economic Hero Is Crypto
Vince CondarcuriM&A News: CleanSpark (NASDAQ:CLSK) to Acquire GRIID Infrastructure for $155M
Annika MasraniETH Spot ETFs Set to Make Waves with $5 Billion Inflows
Vince CondarcuriExpect Volatility as $6B Worth of Bitcoin Options Expire Friday
Read the latest Tether news and analysis from the TipRanks news team.
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Tether FAQ

What is the price of one Tether?
The live price of Tether (USDT-USD) is $1.00.
What’s Tether All-Time High?
Tether's (USDT-USD) all-time high is $207.09.
What is the total supply of Tether?
The total supply of Tether (USDT-USD) is 119.17B coins.
What is Tether dominance?
Tether (USDT-USD) dominance is at 4.64%.
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What is Tether?

Tether

Tether, a stable-value coin, was created in 2014 by Craig Sellars, Brock Pierce, and Reeve Collins with the purpose of mirroring the price of USD. This peg with the U.S. Dollar is maintained by holding financial assets whose value remains equal to the total USDT coins in circulation. While initially compatible with BTC, USDT (a second-layer token) can now work on multiple blockchains including ETH. Cryptocurrencies can be volatile and USDT provides stability by maintaining its peg and can act as an inflation hedge as well as an instrument of safety. Further, Tether’s transparency page divulges the total number of tokens in circulation and the value of its reserves on a daily basis. Tether is useful for exchanges, wallets, financial services and payment processors. Currently, it supports multiple fiat currencies including the USD, Euro, Chinese Yuan, Mexican Peso, and British Pound Sterling, as well as Gold.
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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
1.25T
Ethereum
417.79B
Binance Coin
85.65B
Solana
85.49B
Ripple
47.81B
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Major Stock Indexes

Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100
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