Tether
USDT
Coin Name Tether
Rank 3
Price 1.44
Volume (24h) 213,005,517,863

Tether Additional Info

Get Coin Real Time, Marketcap, Circulating Supply, Total Supply, And (24h) Change Information.

Marketcap 266,048,691,155
Circulating Supply 185,373,050,611 USDT
Total Supply 190,839,987,688 USDT
Change (24h) 0.00%

Tether Live Chart

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Tether All Time High Data

Value 1.90
Date July 24, 2018
Change Rate 24.32%

Tether Calculator

USDT
AUD

Tether Historical Data

* Currency in AUD
Historical Price for Tether
DateOpenCloseHighLowVolume
Tether Markets
#SourcePairVolumePriceChangeUpdated

Tether Latest News

What is Tether?

Tether is a tocken issued by Tether Limited company which belongs to the Bitfinex trading platform. It was built on top of Omni Layer digital currency protocol, which works on the Bitcoin blockchain.

The main purpose of this token is to provide stability to traders and members of cryptocurrency market, because Tether is claimed to be backed by US dollars on Tether Ltd bank accounts, so its price is not as volatile as prices of other cryptocurrencies. However, that remains yet to be proven and is is the reason why the U.S. Commodity Futures Trading Commission issued subpoenas to both Tether and Bitfinex. Also Tether Ltd underlines that the Tether token is not a financial instrument, and the owners of Tethers have no rights for legal claims or guarantees against losses.

Nevertheless, tether is a very popular token and is used by a number of exchanges (mostly the crypto to crypto only ones) as their main stablecoin. The amount of Tethers grew up to $2.8 billion. During summer 2018 around 80% of Bitcoin volume was traded in Tethers.

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