Tether icon Tether (USDT)
Price Chart and News

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orobinson profile DalCrypto profile DalCrypto profile
Tether icon

Ranked # 3

Price

$1.00 (0%)

All Time High

$1.32 (-24%)


Market Cap

$62,001,247,576

Volume (24h)

49,657,318,806

Cir. Supply

61,973,053,118 USDT

What is Tether?

Tether (USDT) is a cryptocurrency with reference to fiat currencies that are 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. Tether uses blockchain via the Omni Layer protocol.

The Omni Layer protocol is the software with an open-source code that interacts with blockchain, ensuring the release and redemption of cryptocurrency token on the basis of Bitcoin. It is not known how Tether tokens are created. Tether will absorb all Blockchain fees when sending money from your Tether wallet. Despite the stated parity of USDT and USD, the cryptocurrency price is always a little off for a few cents.

Learn More About Tether
Tether Links & Sources

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add active $1.00  on  Jul 31, 2021 


Community Posts

Tether icon Tether  at  $1.00  on  Jan 21, 2021

Ardoino reveals the only time Bitfinex acquired the bitcoins which now form part of tether’s reserves. "The bitcoins in reserves are a good amount remaining from the past acquisition that we likely did in 2015/16….The bitcoins, which we bought for a good price in 2015/16, will probably be enough for perpetuity." news.bitcoin.com/...loan/

Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – "Tether Backed by Cash Assets and a Loan" – Altcoins Bitcoin News

Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists that all USDT tokens are fully backe...

Tether icon Tether  at  $0.99  on  Apr 26, 2019

The rise of competing, regulated and fiat backed stablecoins mean the margin of error for #USDT and #TetherLimited is narrowing by the day. Time for other legit, scandal free stable coins operating from the US? twitter.com/...55842

100%, that it is still up, maintaining a peg raises a lot of red flags! note that this is after they minted $300 million USDT..#DelistTether? where is the trend right now!

How is Tether even up after this news? This lets me know that most people are just reacting to BTC price drop and are not aware of the news. Tether is the problem people!

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That's all we got for #Tether