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btc
Tether
USDT
btc
Dollar
Dollar

Compare Tether (USDT) with...

BTC
Bitcoin
BTC
$48,064.30
ETH
Ethereum
ETH
$3,194.22
BNB
Binance Coin
BNB
$477.00
ADA
Cardano
ADA
$2.83
XRP
XRP
XRP
$1.13
DOGE
Dogecoin
DOGE
$0.28
USDC
USD Coin
USDC
$1.00
DOT
Polkadot
DOT
$25.00
ICP
Internet Computer
ICP
$69.71
UNI
Uniswap
UNI
$26.25
BCH
Bitcoin Cash
BCH
$648.72
LINK
Chainlink
LINK
$25.07
MATIC
Polygon
MATIC
$1.39
LTC
Litecoin
LTC
$173.23

What Is Tether (USDT)?

USDT is a stablecoin (stable-value cryptocurrency) that mirrors the price of the U.S. dollar, issued by a Hong Kong-based company Tether. The token’s peg to the USD is achieved via maintaining a sum of dollars in reserves that is equal to the number of USDT in circulation.

Originally launched in July 2014 as Realcoin, a second-layer cryptocurrency token built on top of Bitcoin’s blockchain through the use of the Omni platform, it was later renamed to USTether, and then, finally, to USDT. In addition to Bitcoin’s, USDT was later updated to work on the Ethereum, EOS, Tron, Algorand, and OMG blockchains.

The stated purpose of USDT is to combine the unrestricted nature of cryptocurrencies — which can be sent between users without a trusted third-party intermediary — with the stable value of the US dollar.

btc

Tether

USDT
btc

Dollar

USD
Bitcoin Price Today
Price $1.00
Price Change $0.00
icon-up-0.01%
24h Low / 24h High $1.00 /
$1.00
Trading Volume $61,412,638,298.06
Volume / Market Cap 0.93741
Market Cap $65,512,996,647.92

What Is Tether (USDT)?

USDT is a stablecoin (stable-value cryptocurrency) that mirrors the price of the U.S. dollar, issued by a Hong Kong-based company Tether. The token’s peg to the USD is achieved via maintaining a sum of dollars in reserves that is equal to the number of USDT in circulation.

Originally launched in July 2014 as Realcoin, a second-layer cryptocurrency token built on top of Bitcoin’s blockchain through the use of the Omni platform, it was later renamed to USTether, and then, finally, to USDT. In addition to Bitcoin’s, USDT was later updated to work on the Ethereum, EOS, Tron, Algorand, and OMG blockchains.

The stated purpose of USDT is to combine the unrestricted nature of cryptocurrencies — which can be sent between users without a trusted third-party intermediary — with the stable value of the US dollar.

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