Updated 12:02 PM UTC
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USDT Tether

$0.9994
$0.0003
(0.03%)
Today
Mkt Cap$183.49B
Vol33.12B

About Tether

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex) The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.
News
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press releases
Qivalis receives Dutch central bank approval for euro stablecoin launch
🇳🇱 Qivalis secures EMI license to launch a euro stablecoin in Europe. 🇪🇺 $USDT dominates, but Qivalis aims for a compliant euro-backed alternative. 📈 The consortium now includes 37 banks across 15 countries. Continue Reading:Qivalis receives Dutch central bank approval for e...
COINTURK NEWS
Qivalis receives Dutch central bank approval for euro stablecoin launch
🇳🇱 Qivalis secures EMI license to launch a euro stablecoin in Europe. 🇪🇺 $USDT dominates, but Qivalis aims for a compliant euro-backed alternative. 📈 The consortium now includes 37 banks across 15 countries. Continue Reading:Qivalis receives Dutch central bank approval for e...
COINTURK NEWS
More News
Ledger Wallet Spy Implant Scare Spreads To Europe As Crypto Losses Top $86M: Report
Mark Karpelès confirmed the implant and said it reads the seed phrase off the device’s screen, the set of words that can unlock a wallet’s funds.
Stocktwits
US Government Moves $470M Seized Crypto Toward Coinbase Prime
Key Facts Wallets linked to the US government moved about $470 million of Bitcoin, Wrapped Bitcoin and Tether USDt to likely Coinbase Prime deposit addresses on Wednesday, according to Arkham. The transfers followed Tuesday's moves of about 833.6 BTC to Coinbase Prime and 40,285 ...
Motoko Kusanagi
EU Issuers Argue Euro Stablecoin Falls Short for Global USD Liquidity
European stablecoin issuers are stepping up efforts to offer regulated US dollar tokens, arguing that the EU’s push to strengthen the euro does not eliminate the practical need for dollar liquidity in cross-border commerce and payments. On Wednesday, the German issuer AllUnity la...
CryptoBreaking
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.
cointelegraph
Tether Brings USDT Back to Bitcoin After 10 Years via Utexo's RGB Rollout
Tether's USDT returns to Bitcoin this month via RGB and startup Utexo, ten years after its Omni debut, while Tron and Ethereum keep over 90% of supply.
coinotag
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Bitcoin dominance is closing in on 60% while USDT's has slipped to 6.3%, pointing to a market growing more comfortable with risk.
coindesk
China Warns Foreign Spies as Crypto Rules Tighten; Singapore Leads
Government agencies across Asia are sending sharply different signals on crypto—ranging from China’s renewed warnings about security risks to regulators in Hong Kong tightening audit oversight, while parts of the region push for more regulated market infrastructure. Meanwhile, cr...
CryptoBreaking
Stablecoin card spending hits record $789M in September – Report
USDC is winning the stablecoin card war but USDT still rules overall.
ambcrypto
Binance Pay Enables Crypto Spending at PayPay Merchants…
How Will Binance Pay Users Spend Crypto In Japan? Binance Pay is expanding its real-world payment capabilities in Japan, allowing eligible overseas users to spend more than 100 cryptocurrencies at the majority of merchants supported by PayPay starting Wednesday. The integration c...
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Date
Market Cap
Volume
Close
October 18, 2026
$183.49B
$33.13B
$0.999
October 18, 2026
$183.51B
$29.69B
$0.9991
October 17, 2026
$183.49B
$53.06B
$0.9991
October 16, 2026
$183.5B
$72.91B
$0.9991
October 15, 2026
$184B
$58.36B
$0.9991
October 14, 2026
$184.05B
$58.47B
$0.9994
October 13, 2026
$184.09B
$54.81B
$0.9991
October 12, 2026
$184.09B
$33.28B
$0.9991
October 11, 2026
$184.1B
$30.18B
$0.9992
October 10, 2026
$184.11B
$49.18B
$0.9993
44

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