Tether (USDT) price, charts, and info

Tether
USDT
$1.00
0.00001029 BTC
Marketcap
$130,206,048,788
Volume (24h)
$78,090,895,910
Circulating Supply
130,151,051,348 USDT
Total Supply
130,151,051,348 USDT
USDT

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* Currency in USD
Historical Price for Tether
DateOpenCloseHighLowVolume
Tether Markets
#SourcePairVolumePriceChangeUpdated
Tether Faucets
FaucetPayment
AutoBitcoinFaucetPay  
AutoClaimFaucetPay  
AutoFaucetDirect Pay  FaucetPay  
Best Shop FaucetDirect Pay  FaucetPay  
CoinmonsterDirect Pay  
CoinPayUDirect Pay  FaucetPay  
CoinPayzDirect Pay  FaucetPay  Coinbase  
Dutchycorp Final AutoclaimDirect Pay  FaucetPay  Coinbase  
EC MiningDirect Pay  FaucetPay  
Fire FaucetDirect Pay  FaucetPay  
Free TetherDirect Pay  
GemlyDirect Pay  
Konstantinova USDTFaucetPay  
MonucetDirect Pay  FaucetPay  
Phoenix AutoDirect Pay  Coinbase  FaucetPay  
Soft Air Bay FaucetFaucetPay  

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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.