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Past performance is not a reliable indicator of future results. Learn more about asset risks.
Tether is on the rise this week. ↗
The current price is £0.75 per USDT with a 24-hour trading volume of £44.92B. Currently, Tether is valued at 17.70% below its all time high of £0.91. This all-time high was the highest price paid for Tether since its launch.
The current circulating supply of Tether is 147,128,417,471.53 USDT which means that Tether has as total market cap of £110,547,693,737.81.
Market cap
£110,547,693,737.81
Popularity
#3
Circulating
£147,128,417,471.53
Max Supply
Data unavailable
Hold time
Not enough data
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Volume (24h)
£44,924,881,241.25
↘ 26.69%
Volume (30D)
£2,321,038,200,791.43
Volume (7D)
£368,166,741,797.81
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Mar 27, 2025
Tether CEO 'open' to US domestic stablecoin amid regulatory shifts and audit push.
Mar 22, 2025
Tether CEO says full audit by 'Big Four' firm is 'top priority' following new CFO hire, per Reuters.
Mar 6, 2025
JPMorgan says XRP inclusion in US crypto reserve 'would be difficult'.
Mar 3, 2025
Binance to delist Tether and other non-MiCA compliant stablecoins for EEA users.
Tether appoints Simon McWilliams as new CFO in step toward full financial audit.
Feb 20, 2025
Tether leads $10 million funding in cross-border payments firm MANSA.
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.
Tether launched on Coinbase on May 4, 2021 at 4:03 AM
Networks and tags
stablecoin
asset-backed-stablecoin
usd-stablecoin
fiat-stablecoin
Tether USDt, or USDT, is a digital token that was launched in 2014. It is designed to facilitate the use of traditional fiat currencies in a digital way, intending to provide an alternative to the conventional financial system with a digital approach to money. Tether (USDT) 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 that match or exceed the value of USDT in circulation. This digital dollar is powered by blockchain technology and exists on several blockchains, including Algorand, Avalanche, Ethereum, EOS, and more. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT to Coinbase on any other blockchain.
Tether USDt operates as a digital token built on various blockchains. Each Tether token is backed 100% by Tether's reserves, and the company strives to maintain transparency by publishing a record of its current reserve assets. The value of USDT is intended to be maintained by Tether to remain pegged to the U.S. dollar, with the company allocating the same amount of USD to its reserves whenever it issues new USDT tokens.
Tether USDt offers a variety of potential use cases. Its relative historical stability, compared to the high volatility of other cryptocurrencies, might make it attractive for beginners wanting to enter the cryptocurrency world. Additionally, USDT provides a way to transact a U.S. dollar equivalent across regions, countries, and even continents via blockchain, eliminating the need for traditional intermediaries like banks or financial service providers.
Tether USDt was launched in 2014 by Brock Pierce, Reeve Collins, and Craig Sellars. Originally known as Realcoin, it was the first blockchain-enabled platform to facilitate the digital use of traditional currencies. Over the years, Tether has made strides, allowing customers to transact with traditional currencies across the blockchain. Despite some controversies, Tether has continued its operations. As of November 2023, there were over 88.8 billion USDT tokens in circulation. Tether has expanded into the Latin American market in 2022 with the launch of MXNT, a new stablecoin backed by the Mexican peso.
We update our Tether to GBP currency in real-time. Get the live price of Tether on Coinbase.
The current market cap of Tether is £110.55B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Tether is £0.91. This all-time high is highest price paid for Tether since it was launched.
Over the last 24 hours, the trading volume of Tether is £44.92B.
Assets that have a similar market cap to Tether include Ethereum, XRP, Bitcoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Tether is 147 billion.
Tether ranks 27 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 93% of Coinbase users are buying Tether. In other words, 93% of Coinbase customers have increased their net position in Tether over the past 24 hours through trading.
Yes, Tether is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Tether guide.
Date | Price | Change |
|---|---|---|
Today (April 26, 2025) | £0.75 | -0.03% |
24 hours ago (April 25, 2025) | £0.75 | -0.03% |
1 week ago (April 19, 2025) | £0.75 | +0.04% |
1 month ago (March 26, 2025) | £0.78 | +0.02% |
1 year ago | £0.80 | +0.10% |
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
2,292 unique individuals are talking about Tether and it is ranked #18 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Tether has an average sentiment score of 93 out of 5. Finally, Tether is becoming less newsworthy, with 40 news articles published about Tether.
On Twitter, people are mostly neutral about Tether. There were 36.88% of tweets with bullish sentiment compared to 16.26% of tweets with a bearish sentiment about Tether. 63.12% of tweets were neutral about Tether. These sentiments are based on 1788 tweets.
On Reddit, Tether was mentioned in 313 Reddit posts and there were 6247 comments about Tether. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Contributors
2,292 people
Posts
6,420 posts
Dominance
0.75%
Volume rank
#18
Average Sentiment
93 out of 5
News Articles
40
Tweet Count
1,788 people
Sentiment
31.72%
Bullish
54.3%
Neutral
13.98%
Bearish
Posts
313
Comments
6,247
CoinDesk • Apr 25, 25
Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi
Global bank Citi has predicted 2025 could be a possible inflection point for blockchain adoption driven by stablecoins, akin to the breakout year artificial intelligence (AI) had with popular application ChatGPT."2025 has the potential to be blockchain’s ‘ChatGPT’ moment," the bank's analysts sai...
Read more
Bankless • Apr 25, 25
Breaking Down the $4B Bitcoin Behemoth 'Twenty One'
Tether, SoftBank, and Cantor Fitzgerald are joining hands on a new firm that bills itself as taking the Strategy playbook one step further.
Read more
Tether Blog • Apr 25, 25
Tether Announces the Results of Tender Offer for Common Shares of Adecoagro S.A.
April 25, 2025: Tether Investments, S.A. de C.V. (“Tether”), a member of the Tether Group which includes the issuer of USDT, the world’s largest stablecoin, announced today the results of its tender offer to acquire up to 49,596,510 common shares, nominal value $1.50 per share (“Common Shares”), ...
Read more
BeInCrypto • Apr 24, 25
Citigroup Predicts Stablecoin Market to Reach $3.7 Trillion By 2030
Citigroup's optimistic outlook for the stablecoin market hinges on favorable regulations and growing ties with the US dollar, though risks like fraud and de-pegging remain.The post Citigroup Predicts Stablecoin Market to Reach $3.7 Trillion By 2030 appeared first on BeInCrypto.
Read more
The Block • Apr 24, 25
Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
The stablecoin market could also only reach $500 billion "if adoption and integration challenges persist" the banking giant also said.
Read more
The Defiant • Apr 24, 25
Tether Acquires Over 10% Stake in Juventus, Holds 6.18% Voting Rights, Plans Stablecoin and Blockchain Support
Tether, the cryptocurrency firm known for its stablecoin USDT, has increased its stake in Juventus Football Club to over 10% of the club's share capital
Read more
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A selection of cryptocurrencies in the top 50 by market cap.
Of all the assets on Coinbase, these 12 are the closest to Tether in market cap.
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
