Tether
USDT
$ 0.999877
0.00004649 BTC
Marketcap
$ 66,922,240,810
Volume (24h)
$ 31,840,541,469
Circulating Supply
66,867,450,244 USDT
Total Supply
66,867,450,244 USDT

What is Tether?

Tether is a tocken issued by Tether Limited company which belongs to the Bitfinex trading platform. It was built on top of Omni Layer digital currency protocol, which works on the Bitcoin blockchain.

The main purpose of this token is to provide stability to traders and members of cryptocurrency market, because Tether is claimed to be backed by US dollars on Tether Ltd bank accounts, so its price is not as volatile as prices of other cryptocurrencies. However, that remains yet to be proven and is is the reason why the U.S. Commodity Futures Trading Commission issued subpoenas to both Tether and Bitfinex. Also Tether Ltd underlines that the Tether token is not a financial instrument, and the owners of Tethers have no rights for legal claims or guarantees against losses.

Nevertheless, tether is a very popular token and is used by a number of exchanges (mostly the crypto to crypto only ones) as their main stablecoin. The amount of Tethers grew up to $2.8 billion. During summer 2018 around 80% of Bitcoin volume was traded in Tethers.


Tether Calculator

USDT

More Info


  • Charts

  • Historical Data

  • Markets

  • Social

  • News

  • Zoom
  • Hour
  • Day
  • Week
  • Month
  • Year
  • All Time
  • Type
  • Line Chart
  • Candlestick
* Currency in USD
Historical Price for Tether
DateOpenCloseHighLowVolume
Tether Markets
#SourcePairVolumePriceChangeUpdated
We use cookies to offer you a better browsing experience and analyze our traffic. By visiting our website you agree to our use of cookies.