Tether price today, USDT live marketcap, chart, and info | CoinMarketCap Cryptos:  11,256Exchanges:  393Market Cap:  $1,959,537,118,53924h Vol:  $112,290,902,120Dominance:  BTC: 44.5% ETH: 19.3%ETH Gas:  29 Gwei Cryptocurrencies Exchanges NFT Portfolio Watchlist Calendars Products Learn Cryptos:  11,256Exchanges:  393Market Cap:  $1,959,537,118,53924h Vol:  $112,290,902,120Dominance:  BTC: 44.5% ETH: 19.3%ETH Gas:  29 Gwei CryptocurrenciesTokensTether TetherUSDT Rank #5 Token On 306,799 watchlists Tether Price (USDT) $1.00 0.01% 0.00002156 BTC0.01% 0.0003099 ETH0.01% Low:$0.9999 High:$1.00 24h   Tether USDTPrice: $1.00  0.01% Add to Main Watchlist   Market Cap $63,262,499,206 0.47% Fully Diluted Market Cap $64,484,916,763 0.02% Volume 24h $78,039,058,695 6.30% Volume / Market Cap 1.23 Circulating Supply 63.25B USDT Max Supply -- Total Supply 64,468,847,060 More stats BuyExchangeGamingEarn Crypto Sponsored Links Website, Explorers, Socials etc. tether.to Explorers Community Chat Whitepaper Tether Links Links tether.to Whitepaper Chat Explorers www.omniexplorer.info etherscan.io algoexplorer.io tronscan.org bscscan.com Community Twitter Contracts Ethereum0xdac1...d831ec7 More Ethereum0xdac1...d831ec7 Tether Contracts Ethereum0xdac1...d831ec7 Binance Smart Chain0x55d3...3197955 TronTR7NHq...zgjLj6t TomoChain0x381b...135a59e SolanaBQcdHd...BBBDiq4 Algorand312769 Heco0xa71e...2c3e47a Xdai chain0x4ECa...ed605C6 Fantom0x049d...33a3c7a Polygon0xc213...4b58e8f Avalanche Contract Chain0xde3a...649b084 OKExChain0x382b...6c65c50 Bitcoin Cash9fc89d...3615c11 KCC0x0039...11baf48 Please change the wallet network Change the wallet network in the MetaMask Application to add this contract. I understand Audits CertiK CertiK Tether Audits CertiK Tags Payments Stablecoin +4 Payments Stablecoin Stablecoin - Asset-Backed Binance Smart Chain View all Tether Tags Property Payments Stablecoin Stablecoin - Asset-Backed Binance Smart Chain Avalanche Ecosystem Solana Ecosystem OverviewMarketHistorical DataHoldersWalletsNewsSocialsRatingsAnalysisShare Tether Chart Loading Data Please wait, we are loading chart data USDT Price Live Data The live Tether price today is $1.00 USD with a 24-hour trading volume of $78,039,058,695 USD. Tether is down 0.01% in the last 24 hours. The current CoinMarketCap ranking is #5, with a live market cap of $63,262,499,206 USD. It has a circulating supply of 63,246,734,131 USDT coins and the max. supply is not available. If you would like to know where to buy Tether, the top exchanges for trading in Tether are currently Binance, Tokocrypto, OKEx, CoinTiger, and Huobi Global. You can find others listed on our crypto exchanges page. What Is Tether (USDT)? USDT is a stablecoin (stable-value cryptocurrency) that mirrors the price of the U.S. dollar, issued by a Hong Kong-based company Tether. The token’s peg to the USD is achieved via maintaining a sum of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills in reserves that is equal in USD value to the number of USDT in circulation. Originally launched in July 2014 as Realcoin, a second-layer cryptocurrency token built on top of Bitcoin’s blockchain through the use of the Omni platform, it was later renamed to USTether, and then, finally, to USDT. In addition to Bitcoin’s, USDT was later updated to work on the Ethereum, EOS, Tron, Algorand, and OMG blockchains. The stated purpose of USDT is to combine the unrestricted nature of cryptocurrencies — which can be sent between users without a trusted third-party intermediary — with the stable value of the US dollar. Who Are The Founders Of Tether? USDT — or as it was known at the time, Realcoin — was launched in 2014 by Brock Pierce, Reeve Collins and Craig Sellars. Brock Pierce is a well-known entrepreneur who has co-founded a number of high-profile projects in the crypto and entertainment industries. In 2013, he co-founded a venture capital firm Blockchain Capital, which by 2017 had raised over $80 million in funding. In 2014, Pierce became the director of the Bitcoin Foundation, a nonprofit established to help improve and promote Bitcoin. Pierce has also co-founded Block.one, the company behind EOS, one of the largest cryptocurrencies on the market. Reeve Collins was the CEO of Tether for the first two years of its existence. Prior to that, he had co-founded several successful companies, such as the online ad network Traffic Marketplace, entertainment studio RedLever and gambling website Pala Interactive. As of 2020, Collins is heading SmarMedia Technologies, a marketing and advertising tech company. Other than working on Tether, Craig Sellars has been a member of the Omni Foundation for over six years. Its Omni Protocol allows users to create and trade smart-contract based properties and currencies on top of Bitcoin’s blockchain. Sellars has also worked in several other cryptocurrency companies and organizations, such as Bitfinex, Factom, Synereo and the MaidSafe Foundation. What Makes Tether Unique? USDT’s unique feature is the fact that its value is guaranteed by Tether to remain pegged to the U.S. dollar. According to Tether, whenever it issues new USDT tokens, it allocates the same amount of USD to its reserves, thus ensuring that USDT is fully backed by cash and cash equivalents. The famously high volatility of the crypto markets means that cryptocurrencies can rise or fall by 10-20% within a single day, making them unreliable as a store of value. USDT, on the other hand, is protected from these fluctuations. This property makes USDT a safe haven for crypto investors: during periods of high volatility, they can park their portfolios in Tether without having to completely cash out into USD. In addition, USDT provides a simple way to transact a U.S. dollar equivalent between regions, countries and even continents via blockchain — without having to rely on a slow and expensive intermediary, like a bank or a financial services provider. However, over the years, there have been a number of controversies regarding the validity of Tether’s claims about their USD reserves, at times disrupting USDT’s price, which went down as low as $0.88 at one point in its history. Many have raised concerns about the fact that Tether’s reserves have never been fully audited by an independent third party. Related Pages: Looking for market and blockchain data for BTC? Visit our block explorer. Want to buy crypto? Use CoinMarketCap’s guide. How Many Tether (USDT) Coins Are There In Circulation? There is no hard-coded limit on the total supply of USDT — given the fact that it belongs to a private company, theoretically, its issuance is limited only by Tether’s own policies. However, because Tether claims that every single USDT is supposed to be backed by one U.S. dollar, the amount of tokens is limited by the company’s actual cash reserves. Moreover, Tether does not disclose its issuance schedules ahead of time. Instead, they provide daily transparency reports, listing the total amount of their asset reserves and liabilities, the latter corresponding to the amount of USDT in circulation. As of September 2020, there are over 14.4 billion USDT tokens in circulation, which are backed by $14.6 billion in assets, according to Tether. How Is the Tether Network Secured? USDT does not have its own blockchain — instead, it operates as a second-layer token on top of other cryptocurrencies’ blockchains: Bitcoin, Ethereum, EOS, Tron, Algorand, Bitcoin Cash and OMG, and is secured by their respective hashing algorithms. Where Can You Buy Tether (USDT)? It is possible to buy Tether / USDT on a large number of cryptocurrency exchanges. In fact, USDT’s average daily trading volume is often on par or even exceeds that of Bitcoin. It is especially prominent on those exchanges where fiat-to-crypto trading pairs are unavailable, as it provides a viable alternative to USD. Here are some of the most popular exchanges that support Tether trading: Binance OKEx HitBTC Huobi Global Our most recent articles about Tether: What Is Yield Farming? Is Tether Untouchable? The Latest Twist in a Long-Running Drama U.S. Examining Whether Tether Committed Bank Fraud, Bloomberg Says Pancake Bunny Price Crashes After DeFi Token Targeted in Flash Loan Attack Tether Releases Breakdown of Reserves for the First Time Ever Read more USDT Tether USD United States Dollar USDT Price Statistics Tether Price Today Tether Price $1.00 Price Change24h $-0.000098690.01% 24h Low / 24h High $0.9999 / $1.00 Trading Volume24h $78,039,058,695.286.30% Volume / Market Cap 1.23 Market Dominance 3.23% Market Rank #5 Tether Market Cap Market Cap $63,262,499,206.350.47% Fully Diluted Market Cap $64,484,916,763.000.02% Tether Price Yesterday Yesterday's Low / High $0.9999 / $1.00 Yesterday's Open / Close $1.00 / $1.00 Yesterday's Change 0.04% Yesterday's Volume $73,792,175,887.67 Tether Price History 7d Low / 7d High $0.9998 / $1.00 30d Low / 30d High $0.9992 / $1.00 90d Low / 90d High $0.9986 / $1.01 52 Week Low / 52 Week High $0.9903 / $1.03 All Time High May 27, 2017 (4 years ago) $1.2117.32% All Time Low Jun 14, 2021 (2 months ago) $0.0001018982849.35% Tether ROI 0.02% Tether Supply Circulating Supply 63,246,734,131 USDT Total Supply 64,468,847,060 USDT Max Supply No Data Show more Trending Coins and Tokens 🔥 Hold BNB on BinanceAnd Get 25% Off Trading Fees. Trade NowSponsored PORNROCKETPORNROCKET#2659 CUMROCKETCUMMIES#463 PolyPlayPLAY#2730 MinifootballMINIFOOTBALL#2732 MinaMINA#112 People Also Watch EFFORCE $0.71 8.62% Polkadot $22.26 6.60% Uniswap $29.02 2.91% Power Ledger $0.3042 -1.90% PERL.eco $0.08815 10.73% Mirrored Google $2,772.29 2.52% Products Blockchain Explorer Crypto API Crypto Indices Interest Jobs Board Sitemap Company About us Terms of use Privacy Policy Disclaimer Methodology CareersWe’re hiring! Support Request Form Contact Support FAQ Glossary Socials Facebook Twitter Telegram Instagram Interactive Chat © 2021 CoinMarketCap. All rights reserved