USDT
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USDT
Tether
0.000169 BTC +4.81%
Tether is a hybrid crypto-fiat “stablecoin” whose value is pegged to the value of the U.S. dollar and other fiat currencies. It is a cryptocurrency asset issued by Tether Limited. It was originally designed to always be worth $1.00, maintaining $1.00 in reserves for each tether issued.
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News
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Market Analytics
ROI:
-1%
Market Cap
5 680 985 494 USD
Volume
35 232 679 743 USD
Supply
Issued Supply
5 674 152 211 USDT
About USDT
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. Founded in July 2014 by Brock Pierce, Craig Sellars, and Reeve Collins, Tether (USDT), originally known as "Realcoin". Tether was one of the earliest stablecoins created, built upon Mastercoin (Omni), which was a protocol layer for Bitcoin that introduced the stablecoin concept to the world in 2012. Tether pioneered what is now known as a fiat-collateralized stablecoin model, and is now the most widely used stablecoin today.

Name
Tether
Ticker
USDT
Sector
Stablecoins
Category
Payments
Coin Type
ERC-20, Omni, TRC-20

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