Tether
USDTWhat 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
$19.36B
Volume (24h)
$38.92B
USD
Linear
Log
to
Key metrics
24 Hour Low
$0.998710
24 Hour High
$1.00
Net change
$0.000247
24 Hour Open
$1.00
All time high
$1.32
Total Supply
19.33B
Returns (24H)
0.02%
Returns (YTD)
0.45%
Volatility (30d)
0.02
Transaction Count (24h)
2,966
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
$21.29M
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.
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.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Chinese authorities have arrested 77 individuals and shuttered gambling sites using the dollar-pegged tether (USDT) cryptocurrency.
PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether.
“2020 seems to be the year of stablecoins,” said Tether's CTO.
The perpetual contracts will be open for trading 24/7, unlike equity exchanges which are open for business for a limited number of hours, five days a week.
A New York judge ordered Bitfinex and Tether to turn over financial documents to the New York Attorney General's office, but left the timing to the parties to coordinate.
First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K
Sep 15, 2020
Cryptocurrencies' 2020 gains are the truth gauge as markets react to the Federal Reserve's inflation goal, where Zimbabwe is the model of success.
