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Tether USDt price

Tether USDt priceUSDT

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Price of Tether USDt today

The live price of Tether USDt is $0.9990 per (USDT / USD) today with a current market cap of $139.74B USD. The 24-hour trading volume is $113.67B USD. USDT to USD price is updated in real time. Tether USDt is -0.02% in the last 24 hours. It has a circulating supply of 139,872,810,000 .

What is the highest price of USDT?

USDT has an all-time high (ATH) of $1.22, recorded on 2015-02-25.

What is the lowest price of USDT?

USDT has an all-time low (ATL) of $0.5683, recorded on 2015-03-02.
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Tether USDt price prediction

What will the price of USDT be in 2025?

Based on USDT's historical price performance prediction model, the price of USDT is projected to reach $1.61 in 2025.

What will the price of USDT be in 2030?

In 2030, the USDT price is expected to change by +7.00%. By the end of 2030, the USDT price is projected to reach $2.59, with a cumulative ROI of +158.69%.

Tether USDt price history (USD)

The price of Tether USDt is -0.12% over the last year. The highest price of USDT in USD in the last year was $1 and the lowest price of USDT in USD in the last year was $0.9969.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.02%$0.9986$1
7d-0.04%$0.9977$1
30d-0.18%$0.9977$1
90d-0.07%$0.9969$1
1y-0.12%$0.9969$1
All-time-0.07%$0.5683(2015-03-02, 9 years ago )$1.22(2015-02-25, 9 years ago )

Tether USDt market information

Market cap
$139,736,987,484.19
-0.02%
Fully diluted market cap
$143,300,832,969.3
-0.02%
Volume (24h)
$113,667,055,555.82
-21.68%
Market rankings
Circulation rate
97.00%
24h volume / market cap
81.34%
Circulating supply
139,872,810,000 USDT
Total supply / Max supply
143.44B USDT
-- USDT
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Tether USDt ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Tether USDt (USDT)

What Is Tether?

Tether (USDT) is a type of cryptocurrency known as a stablecoin. It is designed to maintain a steady value against the U.S. dollar, aiming to combine the benefits of blockchain technology with the relative stability of fiat currencies. This design intends to reduce the volatility typically associated with cryptocurrencies like Bitcoin and Ethereum.

The concept behind Tether is simple: for every unit of Tether in circulation, there should be one U.S. dollar held in reserve by Tether Ltd., the company behind USDT. This 1:1 peg to the U.S. dollar means that theoretically, any holder of Tether should be able to redeem their USDT for an equivalent amount of U.S. dollars.

In June 2023, the stability of Tether's USDT experienced a slight depeg due to the Curve’s 3Pool liquidity imbalance. Even though the price dropped to as low as US$0.996 at that time, USDT price recovered to US$0.999 later in the day.

Resources

Original Whitepaper: https://assets.ctfassets.net/vyse88cgwfbl/5UWgHMvz071t2Cq5yTw5vi/c9798ea8db99311bf90ebe0810938b01/TetherWhitePaper.pdf

Official website: https://tether.to/

How Does Tether Work?

Initially launched on the Bitcoin blockchain, Tether has since evolved significantly. It now exists as digital tokens on an impressive list of 12 major blockchains, including but not limited to Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tezos, Tron, Solana and Statemine.

The Blockchain Ledger and Tether's Centralization

Like its cryptocurrency counterparts, all Tether transactions are transparently recorded on a blockchain. This decentralized ledger meticulously tracks all transaction history and is publicly accessible. However, it's crucial to note that Tether differentiates itself by being a centralized stablecoin. Its supply and operations are exclusively managed by Tether Ltd.

By providing a reliable and transparent stablecoin option, Tether continues to play an important role in the broader cryptocurrency ecosystem.

What Determines Tether's Price?

Understanding what determines the current Tether price is crucial for anyone involved in the cryptocurrency market. Tether (USDT), often referred to as a stablecoin, aims to maintain a 1:1 peg with the U.S. dollar. This 1:1 peg is theoretically backed by reserves held by Tether Ltd., the company responsible for USDT.

Factors Influencing Tether Price Stability

However, the stability of Tether's 1:1 peg can be influenced by a multitude of factors including market sentiment, liquidity imbalances, and the overall health of the cryptocurrency ecosystem. For instance, in June 2023, the Tether USD price experienced a slight depeg due to Curve’s 3Pool liquidity imbalance. The USDT price dropped to as low as $0.996 before recovering, affecting Tether's price history.

The Importance of Trust and Confidence

Tether price data often serves as an indicator of the level of trust market participants have in the stablecoin. When Tether maintains its 1:1 peg, it signifies a balanced state of inflows and outflows. This also indicates confidence in the company's ability to maintain its reserves, impacting Tether price predictions. However, any change in the Tether coin price, even a slight one, can trigger market reactions.

Market Reactions to Tether Price Changes

For example, a depegging event can lead to increased Tether trading volumes as investors seek to capitalize on arbitrage opportunities or move their assets to other stablecoins or fiat currencies. On-chain metrics such as trading volume and token circulation can provide valuable insights into how the market is responding to changes in Tether's price.

Regulatory Scrutiny and Tether Price Analysis

Moreover, the Tether to USD price can also be influenced by regulatory scrutiny and the company's transparency regarding its reserves. Any discrepancies or uncertainties can lead to Tether price fluctuations. Despite occasional depegs, Tether has managed to maintain its dominant position in the stablecoin market. This suggests that its underlying blockchain technology and the broader cryptocurrency ecosystem continue to support its value proposition.

The Need for Constant Monitoring

Therefore, keeping an eye on real-time Tether price, regulatory updates, and market sentiment can offer valuable insights into the stablecoin's stability and reliability. By understanding the factors that influence Tether's price, you can make more informed decisions in your cryptocurrency investments.

What Makes Tether Valuable?

Fiat Currency Alternative

USDT has emerged as a prominent alternative to fiat currency in the digital world, especially in countries with unstable currencies or strong capital controls. Because USDT is pegged to the U.S. dollar, it has become a go-to for individuals looking to preserve value, execute international transactions, or bypass traditional banking systems.

Price Discovery and Stability

Due to its peg to the dollar, USDT serves as a benchmark for price discovery in cryptocurrency markets. Its stability offers a contrast to the often volatile nature of cryptocurrencies. This has given confidence to traders and investors, especially those who might be skeptical about the fluctuating nature of cryptocurrencies.

Increased Liquidity

USDT provides exchanges and traders with additional liquidity. Its easy convertibility means traders can switch between USDT and other cryptocurrencies quickly, aiding in efficient price discovery and trade execution.

Gateway to Other Cryptocurrencies

For many, USDT serves as the primary point of entry into the crypto world. Many cryptocurrency exchanges don’t allow direct fiat to crypto trading due to regulatory concerns. USDT offers a solution, enabling traders to first purchase USDT with fiat and then use USDT to trade other cryptocurrencies.

Influence on Decentralized Finance (DeFi)

Tether's role in the decentralized finance sector cannot be underestimated. With its stability, USDT has become a preferred collateral option in various DeFi platforms. It has enabled lending, borrowing, and yield farming activities, acting as a bedrock for various DeFi protocols.

Potential for Mainstream Adoption

As businesses become more accepting of cryptocurrencies, USDT, with its inherent stability, has the potential to become widely accepted for daily transactions, bridging the gap between traditional finance and the crypto world.

Controversies and Concerns Surrounding Tether

While Tether (USDT) serves as a keystone in the cryptocurrency landscape, it has also been a magnet for controversy and skepticism. One of the most persistent issues revolves around transparency—specifically, whether Tether Ltd. holds sufficient U.S. dollar reserves to back e ach USDT token in circulation. This concern has even caught the attention of regulatory authorities.

Legal Proceedings and Transparency

In 2020, a landmark settlement was reached between Tether Ltd., its affiliate Bitfinex, and the New York Attorney General’s Office. The lawsuit had alleged that the companies concealed an US$850 million loss of customer funds. To settle these allegations, both Tether Ltd. and Bitfinex agreed to pay an US$18.5 million penalty and commit to greater transparency by providing quarterly reports on Tether's reserves.

Conclusion

Tether has indisputably revolutionized the cryptocurrency market by creating a stable digital alternative to the U.S. dollar. It offers a multitude of advantages, including enhanced market liquidity and a safe haven during periods of extreme crypto volatility. However, prospective and current users must exercise due diligence. The questions surrounding its reserve transparency and legal challenges warrant careful consideration.

Related Articles about Tether

What is Tether (USDT)?

Bitget x Tether: The Gateway To Real-World Assets

The Tether Depeg in Summer 2023: What Happened to USDT?

Tether USDt Social Data

In the last 24 hours, the social media sentiment score for Tether USDt was 3.1, and the social media sentiment towards Tether USDt price trend was Bullish. The overall Tether USDt social media score was 16,147,292, which ranks 5 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Tether USDt being mentioned with a frequency ratio of 2.5%, ranking 11 among all cryptocurrencies.

In the last 24 hours, there were a total of 64,849 unique users discussing Tether USDt, with a total of Tether USDt mentions of 26,442. However, compared to the previous 24-hour period, the number of unique users decrease by 1%, and the total number of mentions has decrease by 19%.

On Twitter, there were a total of 597 tweets mentioning Tether USDt in the last 24 hours. Among them, 15% are bullish on Tether USDt, 11% are bearish on Tether USDt, and 73% are neutral on Tether USDt.

On Reddit, there were 419 posts mentioning Tether USDt in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 8% .

All social overview

Average sentiment (24h)
3.1
Social media score (24h)
16.15M(#5)
Social contributors (24h)
64.85K
-1%
Social media mentions (24h)
26.44K(#11)
-19%
Social media dominance (24h)
2.5%
X
X posts (24h)
597
-47%
X sentiment (24h)
Bullish
15%
Neutral
73%
Bearish
11%
Reddit
Reddit score (24h)
513
Reddit posts (24h)
419
-8%
Reddit comments (24h)
0
0%

How to buy Tether USDt(USDT)

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After having successfully signed up on Bitget and purchased USDT or USDT tokens, you can start trading derivatives, including USDT futures and margin trading to increase your income.

The current price of USDT is $0.9990, with a 24h price change of -0.02%. Traders can profit by either going long or short onUSDT futures.

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Tether USDt news

Tether (USDT) Shares Its Profit Generated in 2024
Tether (USDT) Shares Its Profit Generated in 2024

Tether (USDT), the world's largest stablecoin issuer, shared the amount of profit it made in 2024.

Bitcoinsistemi2024-12-22 21:44
UAE now holds $40 billion in Bitcoin
UAE now holds $40 billion in Bitcoin

Share link:In this post: The UAE now holds $40 billion in Bitcoin, proving itself as a global crypto leader with a thriving blockchain ecosystem. Between July 2023 and June 2024, crypto transactions in the UAE hit $34 billion, with stablecoins dominating 51% of the activity. The country’s pro-crypto regulations, including strict AML and KYC rules, have attracted massive institutional and retail investment.

Cryptopolitan2024-12-22 20:22
Patricia reportedly begins customer repayment plan after 2023 cyber attack
Patricia reportedly begins customer repayment plan after 2023 cyber attack

Share link:In this post: Patricia Technologies has reportedly begun repayments following a 2023 breach where users’ funds were stolen. Police intensified efforts to apprehend the criminals, arresting a politician in connection to the theft. Patricia has assured its affected users of prompt repayments in batches.

Cryptopolitan2024-12-22 20:22
2024 was a great year for stablecoins. 2025 will be even better
2024 was a great year for stablecoins. 2025 will be even better

Share link:In this post: Stablecoins blew up in 2024, crossing $200 billion in market value, and they’re set to double in 2025 if Congress finally sorts out regulations. US lawmakers are pushing for stablecoin rules, which could bring in big players like JP Morgan and boost adoption across finance. They are making the US dollar stronger globally, especially in places with bad banking systems or weak currencies.

Cryptopolitan2024-12-22 20:22
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FAQ

What is a stablecoin?

A stablecoin is a cryptocurrency designed to have a stable value. Unlike highly volatile cryptocurrencies such as Bitcoin, its value is pegged to reserves or assets like the US dollar or gold. The aim is to offer the stability of fiat currencies and the advantages of cryptocurrencies, like secure and seamless cross-border transactions.

What is Tether (USDT) and how is its price determined?

Tether (USDT) is a type of cryptocurrency known as a stablecoin. Its price is designed to be pegged to the value of a fiat currency, most commonly the US dollar. This means that 1 USDT is generally equivalent to 1 USD. The price stability is achieved by Tether Limited claiming to hold reserves in a 1:1 ratio to the USDT tokens in circulation.

How can Tether maintain its peg to the US dollar?

Tether Limited, the company behind USDT, claims to hold a reserve of US dollars (or equivalent assets) in a bank account for every USDT issued. By ensuring that they have the necessary reserves and through buyback mechanisms, they aim to maintain the 1:1 peg.

Why is USDT's price sometimes slightly above or below US$1?

While USDT aims to maintain a 1:1 peg with the US dollar, minor fluctuations can occur due to supply and demand dynamics in the market, arbitrage opportunities, and market sentiment. For example, in June 2023, the stability of Tether's USDT experienced a slight depeg due to the Curve’s 3Pool liquidity imbalance. Even though the price dropped to as low as US$0.996 at that time, USDT price recovered to US$0.999 later in the day. During times of high volatility in the crypto market, traders may flood into or out of USDT, which can cause short-term deviations from the US$1 peg.

How does Tether differ from other stablecoins?

While Tether (USDT) is one of the most popular and widely recognized stablecoins, there are other stablecoins in the market like USDC, DAI, and PAX. The main difference is the issuing entity and the transparency mechanisms. For example, USDC is issued by Circle and Coinbase and provides more frequent attestations of their reserves. DAI, on the other hand, is a decentralized stablecoin backed by cryptocurrency collaterals rather than fiat.

Can I redeem USDT directly for USD?

In theory, Tether tokens can be redeemed for USD through the Tether platform, but in practice, most users trade USDT on cryptocurrency exchanges. It's important to note that redemption policies and processes can change, so always check the official Tether platform or your exchange for the latest information.

What is the current price of Tether USDt?

The live price of Tether USDt is $1 per (USDT/USD) with a current market cap of $139,736,987,484.19 USD. Tether USDt's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Tether USDt's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Tether USDt?

Over the last 24 hours, the trading volume of Tether USDt is $113.67B.

What is the all-time high of Tether USDt?

The all-time high of Tether USDt is $1.22. This all-time high is highest price for Tether USDt since it was launched.

Can I buy Tether USDt on Bitget?

Yes, Tether USDt is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Tether guide.

Can I get a steady income from investing in Tether USDt?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Tether USDt with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Tether USDt (USDT)?

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Bitget Insights

BGUSER-GT0LE6VB
BGUSER-GT0LE6VB
8h
USDT Cryptocurrency Market Price.
USDT (Tether) is a stablecoin, a type of cryptocurrency designed to maintain a stable value relative to a fiat currency, in this case, the US dollar. _Key Features:_ 1. _Stable Value_: USDT is pegged to the value of the US dollar, with a target exchange rate of 1 USDT = 1 USD. 2. _Collateralized_: USDT is backed by reserves of fiat currency and other assets. 3. _Wide Adoption_: USDT is widely accepted and traded on many cryptocurrency exchanges. 4. _Low Volatility_: USDT's stable value reduces the risk of price fluctuations. _Market Information:_ 1. _Current Price_: $1.00 2. _Market Capitalization_: $143 billion 3. _24-hour Trading Volume_: $123 billion 4. _Circulating Supply_: 143 billion USDT _Where to Buy:_ You can buy USDT on various exchanges, including: 1. Binance 2. Coinbase 3. Kraken 4. Huobi
BGUSER-JRS68MFF
BGUSER-JRS68MFF
13h
Flash sale! Get USDT at a 10% discount everyday on Bitget P2P! | Bitget Support Center https://www.bitget.com/support/articles/12560603796987?appVersion=2.47.5&time=1734861844542&androidSdk=34&language=en_US&appTheme=standard
Obi-SY4KXVRC
Obi-SY4KXVRC
1d
Year-to-Date Performance USDT has had a relatively stable year, with a
Year-to-Date Performance USDT has had a relatively stable year, with a year-to-date change of -0.01%.¹ This stability is expected from a stablecoin, which is designed to maintain a consistent value relative to a fiat currency, in this case, the US dollar. Market Capitalization and Trading Volume USDT has a massive market capitalization of $139.82 billion, with a 24-hour trading volume of $152.58 billion. This indicates a highly liquid market with a large number of buyers and sellers. Technical Analysis Some analysts predict that USDT will experience a slight increase in value over the next year, reaching $1.0496 by next year and $1.3396 by 2030.² However, it's essential to note that these predictions are based on technical analysis and should not be taken as investment advice. Sentiment Analysis The sentiment around USDT is mixed, with some investors expressing concerns about the stablecoin's backing and potential regulatory risks. However, others see USDT as a safe-haven asset during times of market volatility. Regulatory Environment The regulatory environment for stablecoins like USDT is becoming increasingly stringent, with governments and regulatory bodies calling for greater transparency and oversight. This could potentially impact USDT's value and trading activity in the future. In conclusion, USDT has had a stable year, with a relatively consistent value and high trading volume. However, investors should be aware of the potential risks and uncertainties surrounding stablecoins, including regulatory risks and sentiment shifts.
ormo
ormo
1d
Year-to-Date Performance USDT has had a relatively stable year, with a year-to-date change of -0.01%.¹ This stability is expected from a stablecoin, which is designed to maintain a consistent value relative to a fiat currency, in this case, the US dollar. Market Capitalization and Trading Volume USDT has a massive market capitalization of $139.82 billion, with a 24-hour trading volume of $152.58 billion. This indicates a highly liquid market with a large number of buyers and sellers. Technical Analysis Some analysts predict that USDT will experience a slight increase in value over the next year, reaching $1.0496 by next year and $1.3396 by 2030.² However, it's essential to note that these predictions are based on technical analysis and should not be taken as investment advice. Sentiment Analysis The sentiment around USDT is mixed, with some investors expressing concerns about the stablecoin's backing and potential regulatory risks. However, others see USDT as a safe-haven asset during times of market volatility. Regulatory Environment The regulatory environment for stablecoins like USDT is becoming increasingly stringent, with governments and regulatory bodies calling for greater transparency and oversight. This could potentially impact USDT's value and trading activity in the future. In conclusion, USDT has had a stable year, with a relatively consistent value and high trading volume. However, investors should be aware of the potential risks and uncertainties surrounding stablecoins, including regulatory risks and sentiment shifts.
shahzadliaquat
shahzadliaquat
1d
Token listing: Instantly buy/sell USDT with EUR & BRL via cash conversion! | Bitget Support Center https://www.bitgetapp.com/support/articles/12560603818059

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