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USDTUSD
Tether USD / United States dollar
crypto Composite

Real-time
5/30/2023 5:51:54 PM UTC
1.00010USD-0.017%(-0.00017)181,673,883USDT176,706,995USD
1.00141Bid   1.00319Ask   0.00178Spread
OverviewHistoricalTrendsNewsMore
Composite
1.00010
Coinbase
1.00028
Kraken
1.00010
Bitfinex
1.00110
Binance.US
1.00050
Bitstamp
1.00028
Gemini
1.00020
Bittrex
1.00140
Okcoin
0.99990
open chart   
open chart   
Market Cap
83.151B USD
Category
Payments
Sector
Stablecoins
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Profile
Tether is fiat-collateralized stablecoin that offers individuals the advantages of transacting with blockchain-based assets while mitigating price risk. Tether is primarily issued on the Ethereum and Bitcoin blockchains and corresponds on a 1:1 basis with US Dollars sitting in bank accounts. Tether relies on a proof-of-reserves system to ensure that reserve assets match circulating tokens. This requires a third-party to audit Tether's bank accounts on a regular basis to show that U.S. dollar reserves are held in an amount equal to outstanding tokens. Tether uses an IOU issuance model where each USDT represents a claim for $1.00 held in the Tether's reserves which users can redeem at any time. On Bitcoin, USDT tokens are issued via the Omni Layer protocol, which is a protocol built as a layer over Bitcoin that allows for the issuance of tokens representing any kind of asset. On Ethereum, USDT tokens are issued using the ERC-20 protocol standard for creating tokens on Ethereum. ERC-20 tokens include a common set of rules that define how a token can be transferred, approved, and requested.

Tether USD (USDT-USD) Live Summary

Tether USD price today is $1.00010, and the 24-hour volume is 181,673,883. Tether USD is down -0.017% in the last 24 hours. Tether USD market cap is $83,151,103,290 with a circulating supply of 83,142,789,011.


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