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
- $184B
- Fully Diluted Valuation
- $190B
- 24 Hour Trading Vol
- $48.4B
- Circulating Supply
- 184B
- Total Supply
- 190B
- Max Supply
- —
THE BLOCK: Circle suspended Tether-backed fund over market manipulation concerns, arbitration filings show
Circle defended $49 million Heka platform ban, citing USDC to USDT move during SVB crisis
Circle suspended Tether-backed Heka Funds over USDC market manipulation
Tether CEO: ‘Demand for dollar settlement is a wages story’ – $7M Pact Labs investment proves it
US Treasury freezes $131 million in Iran-linked crypto wallets tied to Central Bank
Circle Banned Tether-Backed Crypto Fund Heka Funds, Which Lost in Arbitration
U.S. Treasury Secretary: Over $130 Million in Iranian Digital Assets Frozen
Tether freezes four wallets holding a total of 131 million USDT on TRON network
FT: Circle previously blocked a crypto fund account backed by Tether, and later secured favorable arbitration rulings.
Circle clashed with Tether-backed fund over market manipulation concerns, and won
Tether invests $7 million in Pact Labs to expand USA₮ stablecoin in US payrolls
Bolivia includes USDT in payment systems – Tether CEO hails ‘cornerstone’
Tether’s Pact Labs Round Shows Stablecoin Issuers Are Still Building Compliance Rails
Tether targets $11T payroll market with major USAT expansion push
Pact Finance secures $7M investment led by Tether on Aptos
Tether Leads $7M Series A in Pact Labs for USA₮ Payroll
Tether Taps Pact Labs to Expand its USAT Inclusion in $11 Tln US Payroll Sector
THE BLOCK: Tether leads $7 million round in Pact Labs to boost USAT stablecoin adoption
Crypto Casino Game Types Explained for Beginners
Tether leads Pact Labs’ $7 million Series A funding round, driving the expansion of stablecoin USAT’s service offerings.
- Market Cap
- $184,215,636,813
- Fully Diluted Valuation
- $189,678,539,817
- 24 Hour Trading Vol
- $48,417,644,312
- 24h High
- $0.999436
- 24h Low
- $0.998639
- 24h Change
- +0.04%
- 7d Change
- -0.00%
- 30d Change
- -0.02%
- 1y Change
- -0.09%
- Market Cap Rank
- #3
- Market Cap Rank (rehypothecated)
- #3
- Circulating Supply
- 184,351,830,693
- Total Supply
- 189,818,772,518
- Max Supply
- —
- All-time high
- $1.32 (-24.48%) · 24 Jul 2018, 02:00
- All-time low
- $0.572521 (+74.54%) · 02 Mar 2015, 02:00
- Website tether.to
- Block explorer nearblocks.io/token/usdt.tether-token.near
- Block explorer celoscan.io/token/0x48065fbbe25f71c9282ddf5e1cd6d6a887483d5e
- Block explorer tronscan.org/#/token20/tr7nhqjekqxgtci8q8zy4pl8otszgjlj6t
- X / Twitter twitter.com/tether
- Facebook tether.to
- Trusted by 1M+ investors
- Global coverage
- Real-time market data
- Independent & unbiased
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