Tether (USDT) price today is $1.000, Tether (USDT) charts, Tether (USDT) marketcap, Tether (USDT) price history, Tether (USDT) exchange, Tether (USDT) trading volume & more
Tether price today, Tether trading volume, Tether market cap live, Tether rank today
- Live Price
- Market Cap
- Available Supply
2.06 B USDT
10 Tether (USDT)
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What is Tether(USDT) - Tether explained, Tether price, price charts, & more
Tether token is a cryptocurrency which uses blockchain technology with a value equivalent to U.S. dollar (1 to 1 ratio)
Tether token is developed by a company called Tether Limited.
Unlike Bitcoin, it is backed by Fiat currency reserves mainly USD (technically 1 Tether is equivalent to 1 USD).
There are currently more than 2.1 Billion tethers (Tether token) in circulation.
The total amount of Tether tokens in circulation is backed by the equivalent amount of USD reserves.
It is created to counter the volatility of cryptocurrencies. Hence makes the digital currency price stable.
Tethers exist on blockchain through an open source software called the Omni protocol.
The protocol interfaces with blockchains to allow for the issuance and redemption of tethers (Tether token)
Tether currently supports 3 Fiat currencies USD, Euro, and Japanese Yen.
Represented by ₮, Tether platform currencies are denoted as USD₮, EUR₮, and JPY₮.
Tether token serves the purpose of Fiat currency on the few cryptocurrency exchanges.
Exchanges are not the only adopter of tether token (tethers).
Some of the largest businesses in the digital currency ecosystem have integrated tethers to easily use Fiat currencies on Blockchains.
Tether is eight tradeable cryptocurrency on the cryptocurrency exchanges priced at $1 with a market cap $2.73B
Tether Price Chart & Graph
Compare Tether price live & Tether trading volume (24 h) on the Tether Exchange
Tether price history, Tether volume history, Tether market cap history