Tether
USDTRank #3$0.9992
-0.01% 24h
Updated Oct 13, 2026
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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…
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FAQ
- What is the price of Tether today?
- Tether (USDT) is trading at $0.9992 today, -0.01% over the last 24 hours. Prices update every minute on this page.
- What is Tether's market cap?
- Tether's market capitalization is $184.05B, ranking #3 by market cap.
- What is Tether's all-time high?
- Tether's all-time high is $1.32, reached on Jul 23, 2018. It is -24.48% from that peak today.
- How can I track Tether and set price alerts?
- Download The Crypto App on iOS or Android — it's free. Add Tether to your portfolio to see live value, and set a price alert to be notified the second USDT hits your target.
- Will Tether go up?
- We don't provide price predictions or investment advice. Crypto prices are volatile and can move sharply in either direction. Do your own research and only invest what you can afford to lose.
