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TipRanksCryptocurrencyWhat is the Price Of Tether?

What is the Price Of Tether?

Tether Price Chart

Current Price
$1.00
Price Change (24h)>-$0.01 (>-0.01%)
24h Low - 24h High$1.00 - $1.00
24h Volume$9.55M (9,550,820.00)
Market Cap$118.05B
Volume / Market Cap0.00007
Circulation Supply118.04B
1-Year Price Return0.10%
6-Month Price Return0.10%
3-Month Price Return0.00%
1-Month Price Return0.10%
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Tether News & Analysis

Sheryl Sheth3 ‘Strong Buy’ Crypto Stocks to Buy with Over 150% Upside, According to Analysts
Steve Anderson“Crypto x AI” Charting Coinbase Stock’s (NASDAQ:COIN) Future
Ben SamochaWhy Bitcoin Will Hit $1,000,000 by 2030: The Perfect Storm
Sheryl Sheth‘A Whole Lot Happening,’ Says TD Cowen About Block Stock
Sheryl Sheth3 ‘Strong Buy’ Crypto Mining Stocks with Huge Upside Potential, According to Top Analysts
Steve Anderson“Embedded Wallets” Hit Coinbase as Coinbase Stock (NASDAQ:COIN) Gains
Sheryl ShethCOIN or HOOD? BofA’s Top Analyst Picks the Better Crypto Exchange Platform
Vince CondarcuriBitcoin’s Recent Rally Wipes Out over $1B in Bearish Bets
Read the latest Tether news and analysis from the TipRanks news team.
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Tether FAQ

What is the price of one Tether?
The live price of Tether (USDT-USD) is $1.00.
What’s Tether All-Time High?
Tether's (USDT-USD) all-time high is $1.20.
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What is Tether?

Tether

Tether, a stable-value coin, was created in 2014 by Craig Sellars, Brock Pierce, and Reeve Collins with the purpose of mirroring the price of USD. This peg with the U.S. Dollar is maintained by holding financial assets whose value remains equal to the total USDT coins in circulation. While initially compatible with BTC, USDT (a second-layer token) can now work on multiple blockchains including ETH. Cryptocurrencies can be volatile and USDT provides stability by maintaining its peg and can act as an inflation hedge as well as an instrument of safety. Further, Tether’s transparency page divulges the total number of tokens in circulation and the value of its reserves on a daily basis. Tether is useful for exchanges, wallets, financial services and payment processors. Currently, it supports multiple fiat currencies including the USD, Euro, Chinese Yuan, Mexican Peso, and British Pound Sterling, as well as Gold.
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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
108460.93
-4,113.92 (-3.65%)
2.19T
Ethereum
4330.92
-180.38 (-4%)
529.96B
Ripple
2.83
-0.133 (-4.49%)
162.27B
Binance Coin
857.33
-16.399 (-1.88%)
125.78B
Solana
203.99
-10.44 (-4.87%)
98.80B
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Major Stock Indexes

Index
Price & Change
S&P 500
6451.82
-50.04 (-0.77%)
Dow Jones Industrial Average
45472.76
-164.137 (-0.36%)
Nasdaq 100
23385.94
-317.506 (-1.34%)
TipRanks 50 Index
3076.31
+32.111 (+1.05%)
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