
Tether Price
usdt
$1.00
-0.00%
Low
$--
High
$--
loading...
Market Statistics
Market Cap
141.22B
24H Volume
--
Circulating Supply
141.17B
Max Supply
--
Tether USDT Live Price Summary
As of 6 февр. 2025 г., the global cryptocurrency market cap is $141.22B with a +0.49% change in the last 24 hours. USDT's current price is $1.00, with a 24-hour trading volume of $--. USDT is -0.00% in the last 24 hours, with a circulating supply of 141.17B USDT coins and a maximum supply of -- USDT coins. USDT ranks 4 by market cap. It has a 24H high of $1.00 recorded on 6 февр. 2025 г., and its 24H low so far is $1.00, recorded on 6 февр. 2025 г..
What Is the Highest Price of Tether USDT?
USDT has an all-time high (ATH) of $1.32 , recorded on 24 июля 2018 г..
What Is the Lowest Price of Tether USDT?
USDT has an all-time low (ATL) of $0.572521, recorded on 2 мар. 2015 г..
About Tether (USDT)
USDT, or Tether, is a stablecoin that mirrors the stability of the US dollar. For many involved in the fast-paced world of cryptocurrency trading, USDT is a go-to choice for reducing risk and adding predictability to their transactions, operating across various blockchains such as Bitcoin and Ethereum. In this piece, we will delve into “What is USDT”, how it achieves this stability, its vital role in the market, and what you need to know to navigate its use – all without delving too deeply into technical complexity.Key Takeaways
iOS & Android (Phones & Tablet Versions Available)
- USDT, or Tether, is a stablecoin that aims to maintain a 1:1 peg with the US dollar, offering stability and reliability in the volatile cryptocurrency market.
- The presence of USDT across multiple blockchain networks and its role in providing liquidity and enabling arbitrage has solidified it as a central asset for crypto trading.
- While USDT has been pivotal in the remittance market and decentralized finance, its operations have not been without controversy, highlighting the importance of transparency and accountability.
What is USDT (Tether)?
In the bustling market of cryptocurrencies, where volatility is as common as the air we breathe, stablecoin USDT stands out as a beacon of stability. This digital titan, pegged to the US dollar, is the most widely used stablecoin, designed to function as fiat on-chain. It operates with the primary goal of maintaining a 1:1 USD to USDT price, effectively creating a digital dollar that can be traded, used for transactions, and even converted with the ease and predictability of traditional fiat.The USDT meaning breaks down into two parts: "US" representing its peg to the US Dollar, and "T" standing for Tether, the company behind this digital currency.But how did this paragon of stability come to be? It began as Realcoin in 2014, an ambitious project by Brock Pierce, Reeve Collins, and Craig Sellars, which later underwent a rebranding and made its debut on the BitFinex exchange in January 2015.Tether maintains the stability of USDT price by issuing new USDT tokens, ensuring that for every new token created, an equivalent amount of USD is added to their reserves, thus backing the token and maintaining its peg to the US dollar.The token’s price stability is not just theoretical; it’s proven by its price history, boasting an all-time high of $1.32 and a low of $0.572521, demonstrating its general adherence to the intended peg to the dollar. This consistency is no small feat in an environment where digital assets can experience dramatic price swings within minutes, affecting their market cap.Central to USDT’s operation is Tether, the centralized entity holding the fort, managing reserves, and overseeing issuance to ensure this equilibrium with the US dollar is preserved.Tether Limited: The Company Behind USDT
Tether Limited, a subsidiary of iFinex Inc., is the issuer of the USDT stablecoin. According to the Paradise Papers, the company was incorporated in the British Virgin Islands in 2014, founded by Bitfinex executives. Paolo Ardoino serves as the CEO of Tether Limited, while Jan Ludovicus van der Velde leads the entire group as the CEO of iFinex Inc., which includes the Bitfinex cryptocurrency exchange.Tether Limited’s mission is clear: to issue USDT tokens and manage the reserves that back them, tether limited claims being tied to the promise of maintaining a stable and reliable digital currency pegged to the dollar. For those looking to buy tether or trade tether, understanding the company’s background and mission is essential.Tether claims that it maintains reserves equivalent to or exceeding the number of USDT tokens in circulation, which has been a cornerstone of the stablecoin’s trustworthiness. Tether offers the crypto community a digital asset that mirrors the confidence and consistency associated with the US dollar. In doing so, Tether Limited has positioned USDT as a leading stablecoin in the crypto market cap, one that traders reach for when the tides of volatility rise too high.History and Founders
Tether was founded in July 2014 by Brock Pierce, Reeve Collins, and Craig Sellars. Initially known as Realcoin, the project aimed to bridge the gap between traditional fiat currencies and the burgeoning world of digital assets.The founders, who were early adopters of Bitcoin, envisioned a stable digital asset that could offer the benefits of cryptocurrency without the volatility. This vision led to the rebranding of Realcoin to USTether and eventually to USDT. Tether’s early success can be attributed to its innovative approach to creating a stable digital asset pegged to the value of the US dollar, providing a reliable medium for transactions in the crypto market.How Tether Works
Tether operates on multiple blockchain platforms, including Ethereum, Tron, EOS, and Algorand, ensuring broad accessibility and integration within the crypto ecosystem. The Tether network is secured by a multi-sig model, which requires multiple private authorization keys held by different individuals or entities to sign and broadcast new coin creations. This multi-signature approach adds an extra layer of security, significantly reducing the risk of unauthorized or fraudulent token creation.Tether’s consensus model, known as the Tether Proof of Reserves (PoR) model, relies on a centralized approach where Tether Limited holds the reserves that back the USDT tokens. This centralized reserve management ensures that the issuance of new USDT tokens is always backed by an equivalent amount of fiat currency, maintaining the token’s stability and trustworthiness.USDT Blockchain Networks: Supported Platforms and Usage
The omnipresence of USDT across the crypto realm is a testament to their functionality and operational mechanics as a stablecoin. Initially tethered to the Bitcoin network via the Omni Layer protocol, USDT’s reach has extended far beyond, embracing multiple blockchains including Ethereum, Tron, EOS, Algorand, and Bitcoin Cash. The expansion across these networks has not been without its hurdles, but Tether Limited has ingeniously navigated this complexity with the development of a recovery tool. This tool acts as a digital Swiss Army knife, enabling USDT owners to verify their tokens and facilitate transfers between supported blockchains, ensuring continuity even during disruptions.Integrating with user-friendly interfaces ranging from web and command-line tools to browser extensions and hardware wallets like Ledger and Trezor, Tether’s recovery system has become a critical component of the USDT infrastructure. It’s a bridge connecting the dots between several blockchains, which not only enhances the token’s accessibility but also underscores its adaptability in the fast-paced world of cryptocurrencies.USDT Price Stability: How the $1 Peg is Maintained
The linchpin of USDT’s value proposition is its unwavering peg to the US dollar, a 1:1 USDT to USD relationship that Tether Limited meticulously maintains by issuing and retracting tokens in line with their dollar reserves. This process of careful calibration ensures that for every USDT token in circulation, there is an equivalent amount of traditional fiat currency held in reserve, underpinning the token’s stability. It’s this steadfast peg to conventional currencies like the US dollar that positions USDT price as a stabilizing force within the inherently volatile cryptocurrency market.When a user deposits fiat currency into a Tether-operated account, USDT issues new tokens via the USDT ERC20 protocol. When those tokens are redeemed for fiat currency, they are burned or destroyed.The tether USDT price remains relatively stable due to this peg, but it does experience daily fluctuations and changes in trading volume. As a stablecoin, Tether's price stability is crucial for providing liquidity and stability to crypto traders.However, the journey to maintain this stability has not been without turbulence. Regulatory and community scrutiny has raised concerns over the composition of tether’s reserves, including other assets and receivables from loans which have led to critical discussions about reserve transparency. In response, Tether Limited maintains reserves and has stepped up its game, committing to regular reports on its reserves and taking measures to provide reserve information on its website. These steps towards transparency are designed to address the concerns head-on, aiming to cement the trust that users place in USDT as the largest stablecoin in the market.BTC to USDT price is updated in real-time. Track major Bitcoin trading pair BTC/USDT price on our professional Bitcoin trading interface.Fiat Currency Backing
Tether claims that each USDT token is backed by an equivalent amount of fiat currency in its reserves. This backing is a cornerstone of Tether’s stability, ensuring that the value of USDT remains pegged to the US dollar. The process begins with Tether accepting fiat deposits from users, after which new USDT tokens are issued accordingly.Tether’s reserves are composed of a combination of currency, cash equivalents, and occasionally other assets and receivables from loans made by Tether to third parties. This diversified reserve composition helps maintain the stability and liquidity of USDT, providing confidence to users that their tokens are backed by tangible assets.Tether Trading Guide: Benefits and Use Cases in Cryptocurrency
Within the tumultuous seas of the crypto ecosystem, USDT stands as a lighthouse, guiding traders to safety during storms of market volatility. This stablecoin is not just a passive player; it is an active facilitator of trade, offering a haven for investors to park their funds temporarily and hedge against the unpredictable nature of the crypto market.The ability to easily trade between the volatility of crypto assets and the stability of fiat currencies is a coveted feature, and USDT delivers on this by serving as a seamless gateway during trades. How much Tether? Tether price, known for its stability around $1, plays a crucial role in providing the necessary stability and liquidity in crypto trading.Acting as a bridge, USDT enables traders to convert fiat currency into a digital form that can be used across the crypto market, enhancing the fluidity of transitions between various crypto assets. It’s this bridging capability that has made USDT extremely popular on major cryptocurrency exchanges like Bitfinex, where traders value the ability to move swiftly and securely between fiat and cryptocurrencies without significant losses.Trading Pairs, Liquidity, and Trading Volume
One of USDT’s superpowers is its ability to enhance liquidity on cryptocurrency exchanges. As a leading stablecoin, it is the preferred choice for trading pairs, providing a common reference point that enables traders to easily assess value and execute trades. The widespread adoption of USDT across various exchanges, including decentralized ones like Uniswap, has transformed it into a cornerstone of the crypto trading infrastructure.By offering a stable reference for valuing trades, USDT bolsters stable and predictable trading conditions, particularly in the decentralized finance (DeFi) space. Traders benefit from reduced slippage and the assurance that comes with trading against a stable asset, a significant advantage in a market known for its extreme volatility and high trading volume.USDT Arbitrage Trading Strategies
Astute traders recognize USDT as a prime tool for arbitrage, a strategy that takes advantage of price discrepancies across different exchanges or cryptocurrencies. The stability of USDT provides a reliable medium for traders to swiftly capitalize on these opportunities without the usual concerns associated with the volatility of other digital currencies. Whether it’s the spread between the highest price on one exchange and the lowest price on another, USDT facilitates quick and secure transactions that exploit these gaps for profit.Moreover, USDT’s ubiquity and stable value enable sophisticated trading strategies like triangular arbitrage. This involves exploiting price differences between three different cryptocurrencies, a practice that has become increasingly common as the crypto market matures. With USDT, traders can navigate market conditions with confidence, armed with a stable asset that holds its value in the same way the US dollar does in traditional markets.USDT Use Cases: Payment, DeFi, and Investment Applications
USDT’s influence extends far beyond the trading floor. In the remittance sector, it has revolutionized the way migrant workers send money home, offering a swift and cost-effective alternative to services like Western Union. The token’s interoperability across various blockchains also makes it a key player in the DeFi arena, where it provides much-needed liquidity in decentralized exchanges (DEXs) and lending platforms, opening doors to various yield-generating opportunities.A detailed overview of the Tether price history shows its stability over time, making it a reliable option for various financial activities.Moreover, USDT simplifies cross-border payments and day-to-day usdt transactions, allowing users to:- Bypass traditional financial intermediaries
- Enjoy ease of transaction
- Benefit from instant processing
- Avoid international barriers
Unique Features of USDT
USDT boasts several unique features that distinguish it from other cryptocurrencies. One of its most notable attributes is its stable value, which is pegged to the US dollar. This stability makes USDT an attractive option for traders and investors looking to avoid the volatility typically associated with other digital assets.Also, USDT’s availability on multiple blockchain platforms enhances its versatility and acceptance across the crypto market. The multi-sig model and Tether Proof of Reserves (PoR) consensus model further bolster USDT’s security and transparency, making it a trusted stablecoin. These features collectively position USDT as a reliable and widely accepted digital asset, essential for various financial activities within the crypto ecosystem.How to Earn Interest With USDT: Staking and Lending Guide
For those looking to turn their USDT holdings into a source of passive income, the world of crypto lending beckons. Platforms like Bybit offer lending programs where USDT can be deposited to earn interest, providing a stable return on investment in a landscape that is often anything but. New USDT tokens can be issued and used in these lending programs, ensuring that for every new token created, an equivalent amount of USD is added to Tether's reserves, maintaining the token's backing and peg to the US dollar.USDT’s role as a stable form of collateral in decentralized lending markets reduces the risk of liquidation brought on by price volatility, offering a secure bedrock for lenders and borrowers alike, making secured loans an attractive option.USDT Risks and Controversies: Safety and Security Analysis
Despite its many strengths, USDT has not been immune to controversy. The New York Attorney General’s investigation revealed periods when the stablecoin was not backed by adequate reserves, resulting in an $18 million fine and the imposition of quarterly reserve reports for two years. Additionally, Tether’s disclosures regarding the composition of its reserves, particularly its commercial paper holdings, have drawn scrutiny, highlighting the importance of transparent and accountable operations.Tether claims to be backed by physical reserves that equal or exceed the amount of Tether USDT in circulation, emphasizing the stability and liquidity it provides to crypto traders and investors.Accusations have also surfaced regarding USDT’s potential role in manipulating Bitcoin prices, casting a shadow over its reputation. Amid such controversies, exercising due diligence and staying up-to-date with the latest developments is crucial for users. For those seeking alternatives, stablecoins like USDC and DAI offer different reserve and governance models that may align more closely with individual preferences for transparency and security.How to Purchase and Store USDT: Complete Wallet Guide
Joining the ranks of USDT holders is a straightforward affair. Centralized exchanges such as Bybit facilitate the purchase of USDT, offering various payment methods like bank transfers and credit/debit cards to accommodate users’ preferences. For those who favor a peer-to-peer approach, decentralized exchanges like Uniswap and SushiSwap provide a more direct, albeit sometimes more complex, route for acquiring USDT.Once acquired, securing USDT is paramount. Tether USDT tokens maintain a one-to-one ratio with the US dollar and operate across different blockchains, making their security and transparency crucial. They can be added to private wallets such as MetaMask, either through inputting its contract address or with a convenient one-click feature on platforms like Bybit. Hardware wallets like Ledger offer an additional layer of security, with services like Ledger Live allowing users to buy USDT directly through their device, ensuring full custody of their keys while engaging in buy and swap services securely.Buy Tether (USDT)
Sign up first and simply click the "Buy USDT" button at the top right of this page to start your crypto trading journey;Or you may simply use our "One-Click Buy" feature, which is easy and fast for USDT trading.Visit our detailed guide on How to Buy Tether (USDT) for more information.You may also choose your preferred trading method on Bybit's trading interface.Trade NowBybit supports multiple payment methods to buy USDT, including credit/debit cards, P2P, and cryptocurrency trades. Whether you're new to crypto or an experienced trader, Bybit offers various ways to acquire Bitcoin and other cryptos, from instant card purchases to advanced trading options.Bybit App
You can also scan to download the Bybit App for USDT trading.
Summary
As we reach the end of our exploration, it’s clear that the Tether token, USDT, is much more than just another digital asset. It is a cornerstone of the crypto trading world, a reliable medium for remittances, and a catalyst for innovation within the DeFi space. Its ability to maintain a stable 1:1 USD to USDT has made it an indispensable tool for traders and everyday users alike, providing a bulwark against the volatility that defines much of the cryptocurrency landscape.While it’s true that USDT has faced its share of controversies, these challenges have spurred the crypto community to demand greater transparency and accountability. As we move forward, the continuous evolution of USDT and its alternatives will undoubtedly shape the future of digital finance. For now, USDT remains a powerful force, one that has irrevocably changed the way we trade, invest, and transact on a global scale.Frequently Asked Questions
What USDT is used for?
USDT is used to provide liquidity and hedge against market volatility, as its value is supposed to remain stable at 1 US Dollar as long as it is backed 1:1 by Tether's reserves.What is Tether, and how is it different from other cryptocurrencies?
USDT, also known as Tether, is a stablecoin pegged to the US Dollar, ensuring a 1:1 value with the USD. This sets it apart from other cryptocurrencies by providing price stability, making it a reliable option for traders and users seeking consistency.Is USDT Safe to Invest In?
While USDT is designed to maintain a stable value, investing in it does come with certain risks. The primary concern is the transparency of Tether's reserves. Investors should be aware that the company behind USDT has faced scrutiny regarding whether it truly holds enough assets to back every USDT in circulation. Additionally, like any cryptocurrency, USDT is subject to market fluctuations and regulatory changes, which can impact its value and usability.USDC vs USDT: Which Stablecoin to Choose?
The choice between USDT and USDC often depends on individual needs and preferences. While USDT holds the larger market share and offers greater liquidity across exchanges, USDC is often perceived as more transparent due to its regular audits and clear regulatory compliance. USDT generally provides more trading pairs and wider acceptance, while USDC has gained favor in institutional circles for its regulatory clarity. Users should consider factors such as intended use, platform availability, transaction costs, and personal risk tolerance when choosing between these stablecoins.Who is behind the creation of USDT?
Tether USDT was created by founders Brock Pierce, Reeve Collins, and Craig Sellars and is managed by Tether Limited, a subsidiary of iFinex Inc.Can USDT be used for everyday transactions and remittances?
Yes, USDT can be used for everyday transactions and remittances, offering a fast and cost-effective option for cross-border payments.How can I earn passive income with USDT?
You can earn passive income with USDT by participating in crypto lending programs on platforms like Bybit, where USDT serves as collateral and can earn interest.You might be interested in:
Investing With Tether: A Guide to Using USDT for Wealth GrowthMastering USDT: A Guide on How to Pay With Tether (USDT)
How to Trade USDT Perpetual Futures on BybitHow do you feel about Tether today?
Vote to see what the community thinks
Bullish
Bearish
Follow Us on Social Media

Twitter@bybit_official