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Tether

USDT

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Market

Market stats

Market cap

$104.5B

Volume (24h)

$76.5B

Circulating supply

104.5B USDT

Typical hold time

1 day

Popularity

#3

All time high

$1.22

Price change (1h)

-0.02%

Price change (24h)

+0.04%

Price change (7d)

+0.02%

About Tether

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 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.

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Social

Some highlights about Tether on social media

73,598 unique individuals are talking about Tether and it is ranked #10 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 3.5 out of 5. Finally, Tether is becoming less newsworthy, with 2 news articles published about Tether. This is a 100% decrease in news volume compared to yesterday.

On Twitter, people are mostly neutral about Tether. There were 43.46% of tweets with bullish sentiment compared to 2.29% of tweets with a bearish sentiment about Tether. 54.24% of tweets were neutral about Tether. These sentiments are based on 43562 tweets.

On Reddit, Tether was mentioned in 1037 Reddit posts and there were 2084 comments about Tether. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

73,598 people

Volume rank

#10

Average Sentiment

3.5 out of 5

News Articles

2

Twitter

Reddit

Posts

1,037

Comments

2,084

Post Score

816,798

Comment Score

873,893

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Tether is on the rise this week.

The price of Tether has decreased by 0.02% in the last hour and increased by 0.04% in the past 24 hours. Tether’s price has also risen by 0.02% in the past week. The current price is $1.00 per USDT with a 24-hour trading volume of $76.49B. Currently, Tether is valued at 17.73% below its all time high of $1.22. This all-time high was the highest price paid for Tether since its launch.

The current circulating supply of Tether is 104,454,161,510.779 USDT which means that Tether has as total market cap of 104,454,161,510.779.

FAQ

What is the current price of Tether?

We update our Tether to USD currency in real-time. Get the live price of Tether on Coinbase.

What is the market cap of Tether?

The current market cap of Tether is $104.46B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Tether?

The all-time high of Tether is $1.22. This all-time high is highest price paid for Tether since it was launched.

What is the 24 hour trading volume of Tether?

Over the last 24 hours, the trading volume of Tether is $76.49B.

What other assets are similar to Tether?

Assets that have a similar market cap to Tether include Bitcoin, Ethereum, BNB, and many others. To see a full list, see our comparable market cap assets.

How many Tether are there?

The current circulating supply of Tether is 104 billion.

What is the typical holding time of Tether?

The median time that Coinbase customers hold Tether before selling it or sending it to another account or address is 1 days.

What is the relative popularity of Tether?

Tether ranks 35 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Tether?

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.

Can I buy Tether on Coinbase?

Yes, Tether is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Tether guide.

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