Tether (USDT)
Tether (USDT) is the largest and most widely used dollar-pegged stablecoin in the cryptocurrency market. It is designed to trade close to one US dollar, giving traders, exchanges, and blockchain applications a digital asset that behaves more like cash than a volatile cryptocurrency such as Bitcoin or Ether. USDT is issued by Tether Limited and circulates across multiple blockchains, including Ethereum, Tron, Solana, and others, making it a common settlement and transfer asset throughout the crypto economy.
USDT’s main role is liquidity. Many crypto exchanges list trading pairs against Tether, allowing users to move in and out of digital assets without returning to the traditional banking system for every transaction. It is also used for cross-border transfers, payments, DeFi activity, and as a temporary store of value during periods of market volatility. Because it exists on public blockchains, USDT can be transferred between compatible wallets and platforms, although network fees and exchange charges may apply.
Tether says its tokens are backed by reserves that include cash, cash equivalents, US Treasury bills, and other assets. The composition and transparency of those reserves have been frequent areas of scrutiny, and USDT has attracted regulatory and market debate because of its scale and importance to crypto trading. Despite that controversy, Tether remains a core piece of market infrastructure, functioning as a digital dollar substitute for users who need fast blockchain-based settlement and broad exchange acceptance.
Last updated
- Market Cap
- $183B
- Fully Diluted Valuation
- $189B
- 24 Hour Trading Vol
- $92.9B
- Circulating Supply
- 183B
- Total Supply
- 189B
- Max Supply
- —
CROWDFUNDINSIDER: Stablecoin Issuer Tether's Uruguay Bitcoin Mining Venture Collapses Over Power Supply Dispute
Tether CEO Sees USDT Settling Trade and Hedging Inflation in Developing Markets
Tether freezes $93K USDT linked to M1llionz cybercrime case
Tether CEO says USDT adoption grows in 4 countries
Circle's stablecoin issuance increased by $1.7 billion over seven days, while stablecoins on the Tron network grew by $950 million in the same period.
Tether Halts $120 Million Bitcoin Mining Project Over Contract Dispute with Uruguay's UTE Power Company
Tether’s Bitcoin mining project in Uruguay has stalled due to a power contract dispute, with an estimated investment of up to $120 million.
THE BLOCK: Tether's $120 million Uruguay bitcoin mining project collapsed over a power contract dispute
Tether’s USDT gains 1.6M holders in past week, outpacing USDC by nearly 3x
Tether’s Bitcoin Mining Push in Uruguay Unraveled Over an Energy Dispute
Tether’s XAUT deposits shift across DeFi venues as AAVE V4 gains $8M
Tether’s USDT deposits on Aave V3 rise by $526M in 90 days as DeFi lending demand surges
Tether Burns 2 Billion USDT on Ethereum
Circle and Tether mint $3B in stablecoins in 2 days
Tether Mints Additional 1 Billion USDT on TRON Network
Tether’s Mining Exit Shows Green Power Is Not Enough
Tether shuts down $120 million Bitcoin mining project in Uruguay after electricity dispute
Binance transferred 500 million USDT to Tether Treasury.
Tether Pulls Plug on $120M Bitcoin Mining Venture in Uruguay Following Electricity Conflict
Tether abandons $120M Uruguay Bitcoin mining project after power dispute
- Market Cap
- $183,197,008,268
- Fully Diluted Valuation
- $188,662,952,200
- 24 Hour Trading Vol
- $92,902,876,327
- 24h High
- $0.999999
- 24h Low
- $0.999617
- 24h Change
- -0.01%
- 7d Change
- +0.06%
- 30d Change
- +0.05%
- 1y Change
- -0.01%
- Market Cap Rank
- #3
- Market Cap Rank (rehypothecated)
- #3
- Circulating Supply
- 183,230,580,044
- Total Supply
- 188,697,525,638
- Max Supply
- —
- All-time high
- $1.32 (-24.43%) · Jul 23, 2018, 12:00 PM
- All-time low
- $0.572521 (+74.64%) · Mar 1, 2015, 11:00 AM
- Websitetether.to
- Block explorernearblocks.io/token/usdt.tether-token.near
- X / Twittertwitter.com/tether
- Facebookwww.facebook.com/tether.to