Tether

USDT

What is The CoinDesk 20?

The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.

These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.

Price
$1.00
24 Hour % Change
0.02%
Market Cap
$64.30B
Volume (24h)
$45.25B
Linear
Log
to
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Key metrics
24 Hour Low
$0.999367
24 Hour High
$1.00
Net change
$0.000228
24 Hour Open
$1.00
All time high
$1.32
Total Supply
64.25B
Returns (24H)
0.02%
Returns (YTD)
-0.02%
Volatility (30d)
0.00
Transaction Count (24h)
405
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
$4.46M

About Tether

Category
Stablecoin
Value proposition
Digital fiat

Tether was one of the first cryptocurrencies to peg its market value to a fiat currency. Launched in July 2014, Tether, originally called “Realcoin”, valued each token at $1.00 to reduce the friction of moving real currency throughout the cryptocurrency ecosystem. Due to its dollar peg, Tether and other similar cryptocurrencies have been dubbed “stablecoins”. Tether is the largest stablecoin by market capitalization and its users can redeem tethers for dollars. Originally, Tether launched on Bitcoin’s Omni Layer, but continues to expand to other protocols, including Ethereum, Bitcoin Cash, TRON, EOS, and Liquid Network. Note: the market cap figure shown here counts only supply on Ethereum


Tether price page is part of The CoinDesk 20 that features price history, price ticker, market cap and live charts for the top cryptocurrencies. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.


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Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.

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