Tether (USDT) is a cryptocurrency with reference to fiat currencies that is issued by Tether Limited Company. Using the technology of Blockchain, Tether allows the users to keep, send and receive digital tokens pegged to dollars, euros and yens*. *1USDT =/= 1USD - according to ToS (Terms-of-service) of Tether Limited Company - Tether tokens are not money, although they are backed by the currency used to purchase them at issuance. (The price of Tether is $1.00235)
The price of Tether is currently $1.002351
| 1 hour % | 12 hour % | 24 hour % | 7d % | 30d % | 1y % |
|---|---|---|---|---|---|
|
BTC -1.4% USD 0.05% ETH -1.88% |
BTC -1.68% USD 0.05% ETH -2.97% |
BTC -0.87% USD 0.1% ETH -0.85% |
BTC 10.25% USD 0.2% ETH 2.37% |
BTC -29.08% USD -0.16% ETH -27.57% |
BTC -77.02% USD -0.13% ETH -90.26% |
The all time high price of Tether was $1.21549 on 2015-02-25 17:04:00
| Development Status: | Working product |
|---|---|
| Proof Type: | Not mineable |
| Hash Algorithm: | None |
| Hardware Wallet: | Yes |
Circulating Supply: 70,932,110,815 USDT
Beta Value: 0.003
The issuance of Tether tokens $USDt is a careful and strategically planned process that involves four distinct stages: Authorized, Issued, Redeemed, and Destroyed.
Discover more about the lifecycle of USDt⬇️
https://t.co/1VLrsvJob0 https://t.co/DtdgP8NCtv
Tether has just surpassed a $60B market cap!
In May 2020, #Tether tokens' market cap was $8B, now a year on we've seen an increase of 581% and demand for Tether token use higher than ever for both trading and retail adoption! https://t.co/7EPeBAEfFh
