About USDT and TRYT
Tether is climbing, while LiraT is falling this week. The current USDT to TRYT conversion rate is 47.93. Inversely, this means that if you convert 1 TRYT you will get 0.02087 USDT. The conversion rate of USDT/TRYT has increased by 0% in the last hour (TRYT/USDT decreased by 0%). In the last 24 hours, USDT/TRYT grew by 0.04%, while TRYT/USDT shrunk by the same amount.
The exchange rate of Tether is increasing. The current value of 1 USDT is 47.93 TRYT. In other words, to buy 5 Tether, it would cost you 239.63 TRYT. Inversely, 1 TRYT would allow you to trade for 0.02087 USDT while 50 TRYT would convert to 1.04 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.64%. Meanwhile, in the last 24 hours, the rate has changed by 0.6%, which means that the highest exchange rate of 1 USDT to TRYT was 47.98 TRYT and the lowest 24 hour value was 1 USDT for 47.62 TRYT. Last month, 1 USDT was worth 46.78 TRYT. Today, it's up 2.39%. Looking back a year, Tether has changed by 40.93 TRYT. That means that in a single year, the value of Tether has grown by 14.59%.
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.
LiraT Market Stats
Launched in November 2022, LiraT (TRYT) is an asset-backed token redeemable 1:1 for 1 Turkish lira. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by Turkish lira on the blockchain at a 1:1 ratio and indexed to the price of Turkish lira. For every TRYT created, an equivalent amount of Turkish lira is held as collateral in the company's reserves. TRYT provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike fiat Turkish lira transaction limits in the market, there are no minimum transaction limits for TRYT. TRYT transactions are executed instantly and any amount of TRYT tokens can be converted to fiat currencies, ensuring quick and efficient transactions. TRYT is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for TRYT tokens increases, Token Teknoloji Anonim Şirketi will add the equivalent amount of Turkish lira to its reserves for each TRYT token upon request from institutions wishing to meet their demand. This ensures that the 1:1 ratio between Turkish lira and TRYT is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of TRYT tokens from circulation when needed, ensuring a balance between TRYT and the Turkish lira. Thanks to this mint-and-burn mechanism, the price of TRYT is always in equilibrium with the price of the Turkish lira.
Conversion tables
USDT to TRYT values from Today at 8:23 pm
0.5 USDT = 23.96 TRYT |
1 USDT = 47.93 TRYT |
5 USDT = 239.63 TRYT |
10 USDT = 479.27 TRYT |
50 USDT = 2,396.33 TRYT |
100 USDT = 4,792.66 TRYT |
500 USDT = 23,963.32 TRYT |
1,000 USDT = 47,926.64 TRYT |
TRYT to USDT values from Today at 8:23 pm
0.5 TRYT = 0.01043 USDT |
1 TRYT = 0.02087 USDT |
5 TRYT = 0.1043 USDT |
10 TRYT = 0.2087 USDT |
50 TRYT = 1.04 USDT |
100 TRYT = 2.09 USDT |
500 TRYT = 10.43 USDT |
1,000 TRYT = 20.87 USDT |
USDT to TRYT over time
USDT | Today | 24H 0.60% | 1M 2.39% | 1Y 14.59% |
|---|---|---|---|---|
0.5 USDT | 23.96 TRYT | 23.82 TRYT | 23.39 TRYT | 20.47 TRYT |
1 USDT | 47.93 TRYT | 47.64 TRYT | 46.78 TRYT | 40.93 TRYT |
5 USDT | 239.63 TRYT | 238.20 TRYT | 233.90 TRYT | 204.66 TRYT |
10 USDT | 479.27 TRYT | 476.40 TRYT | 467.80 TRYT | 409.33 TRYT |
50 USDT | 2,396.33 TRYT | 2,381.98 TRYT | 2,339.00 TRYT | 2,046.63 TRYT |
100 USDT | 4,792.66 TRYT | 4,763.96 TRYT | 4,677.99 TRYT | 4,093.26 TRYT |
500 USDT | 23,963.32 TRYT | 23,819.80 TRYT | 23,389.95 TRYT | 20,466.29 TRYT |
1,000 USDT | 47,926.64 TRYT | 47,639.59 TRYT | 46,779.91 TRYT | 40,932.58 TRYT |
Frequently asked questions
Right now, 1 Tether is worth about CA$1.38.
Based on the current rate, you could get 0.7243 USDT for 1 CAD.
Tether price has been on the rise. Since yesterday, the exchange rate of Tether has increased. 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 3.62 USDT. Inversely, 5 USDT will cost about CA$6.90
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.