About USDT and DAI
Tether is climbing, while Dai is falling this week. The current USDT to DAI conversion rate is 0.9996. Inversely, this means that if you convert 1 DAI you will get 1.00 USDT. The conversion rate of USDT/DAI has increased by 0.02% in the last hour (DAI/USDT decreased by 0.02%). In the last 24 hours, USDT/DAI grew by 0.01%, while DAI/USDT shrunk by the same amount.
The exchange rate of Tether is increasing. The current value of 1 USDT is 0.9996 DAI. In other words, to buy 5 Tether, it would cost you 4.998 DAI. Inversely, 1 DAI would allow you to trade for 1.00 USDT while 50 DAI would convert to 50.02 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.02%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 USDT to DAI was 1.00 DAI and the lowest 24 hour value was 1 USDT for 0.9989 DAI. Last month, 1 USDT was worth 0.9999 DAI. Today, it's down 0.03%. Looking back a year, Tether has changed by 1.00 DAI. That means that in a single year, the value of Tether has shrank by 0.08%.
Tether Market Stats
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
USDT to DAI values from Today at 1:26 am
0.5 USDT = 0.4998 DAI |
1 USDT = 0.9996 DAI |
5 USDT = 5.00 DAI |
10 USDT = 10.00 DAI |
50 USDT = 49.98 DAI |
100 USDT = 99.96 DAI |
500 USDT = 499.80 DAI |
1,000 USDT = 999.60 DAI |
DAI to USDT values from Today at 1:25 am
0.5 DAI = 0.5002 USDT |
1 DAI = 1.00 USDT |
5 DAI = 5.00 USDT |
10 DAI = 10.00 USDT |
50 DAI = 50.02 USDT |
100 DAI = 100.04 USDT |
500 DAI = 500.20 USDT |
1,000 DAI = 1,000.40 USDT |
USDT to DAI over time
USDT | Today | 24H 0.00% | 1M -0.03% | 1Y -0.08% |
|---|---|---|---|---|
0.5 USDT | 0.4998 DAI | 0.4998 DAI | 0.50 DAI | 0.5002 DAI |
1 USDT | 0.9996 DAI | 0.9996 DAI | 0.9999 DAI | 1.00 DAI |
5 USDT | 5.00 DAI | 5.00 DAI | 5.00 DAI | 5.00 DAI |
10 USDT | 10.00 DAI | 10.00 DAI | 10.00 DAI | 10.00 DAI |
50 USDT | 49.98 DAI | 49.98 DAI | 50.00 DAI | 50.02 DAI |
100 USDT | 99.96 DAI | 99.96 DAI | 99.99 DAI | 100.04 DAI |
500 USDT | 499.80 DAI | 499.78 DAI | 499.97 DAI | 500.22 DAI |
1,000 USDT | 999.60 DAI | 999.55 DAI | 999.94 DAI | 1,000.44 DAI |
Frequently asked questions
Right now, 1 Tether is worth about CA$1.40.
Based on the current rate, you could get 0.7153 USDT for 1 CAD.
Tether price has been declining. Since yesterday, the exchange rate of Tether has decreased. Since last month, the exchange rate of Tether has increased. Since this time last year, the price of Tether has decreased.
You can use our USDT to CAD calculator at the top of this page to convert any amount of USDT to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 3.58 USDT. Inversely, 5 USDT will cost about CA$6.99
Tether is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Tether.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.