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Tether

USDT
$0.999955
24H %
-0.05%
24H Low
$0.00
24H High
$1.00
TO

Linear
Log
Market Cap
71.17B
24H Volume
66.62B

Price

24H Open
$1.00
24H Change
$-0.000501
52 Week Low
$0.951856
52 Week High
$1.11
All Time High
$1.32
Returns (YTD)
-0.02%

Market Stats

Total Supply
$71.17B
Max Supply
n/a
24H Value Transacted
$1.80M
30D Volatility
0.005469
24H Transaction Count
$1.80M
24H Average Transaction Fee
n/a

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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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.