Tether logo

Tether

USDT

Trade Tether today

Create a Coinbase account to buy and sell Tether on the most secure crypto exchange.

Market

Market stats

Market cap

$103.6B

Volume (24h)

$123.6B

Circulating supply

103.6B USDT

Typical hold time

1 day

Popularity

#3

All time high

$1.22

Price change (1h)

-0.01%

Price change (24h)

0%

Price change (7d)

-0.06%

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.

News about Tether

The Block • Mar 11, 24

Tether to launch USDT stablecoin on Celo blockchain

Tether is set to launch its USDT stablecoin on Celo, an EVM-compatible blockchain that is transitioning to an Ethereum Layer 2 network.

Read more

News Article Image

Messari • Jan 18, 24

State of EOS Q4 2023

Q4 featured a bounce-back quarter for EOS, with many of its key metrics increasing QoQ. The integration of USDT into the EOS Trustless Bridge spurred growth on the EOS EVM, with TVL up almost 3,000% QoQ to $2.2 million. The mid-December Inscriptions craze further drove activity, with almost 17.7 ...

Read more

News Article Image

BeInCrypto • Jan 04, 24

What Will Happen to Crypto After Tether Mints 2 Billion USDT in 10 Days

Tether's minting of 2 billion USDT could signal a significant Bitcoin rally, as analysts predict a spike to $48,628, followed by volatility. Historical patterns show a strong link between Tether's actions and Bitcoin's price.The post What Will Happen to Crypto After Tether Mints 2 Billion USDT in...

Read more

News Article Image

DL News • Dec 14, 23

Why 163-year-old ratings firm S&P suddenly decided to rank stablecoin Tether

The influential ratings outfit launched its stablecoin report this week with a sweeping survey of offerings.

Read more

News Article Image

The Defiant • Dec 08, 23

Tether’s USDT Market Cap Hits New Record as Stablecoins Recover

USDT breached $90 billion in market cap for the first time.

Read more

News Article Image

CoinDesk • Sep 21, 23

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

Read more

News Article Image

Related Assets

People also view

People who viewed Tether tend to also view the following cryptocurrencies.

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Tether in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Social

Some highlights about Tether on social media

65,469 unique individuals are talking about Tether and it is ranked #11 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 3.6 out of 5. Finally, Tether is becoming more newsworthy, with 0 news articles published about Tether. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Tether. There were 30.74% of tweets with bullish sentiment compared to 19.91% of tweets with a bearish sentiment about Tether. 49.35% of tweets were neutral about Tether. These sentiments are based on 27338 tweets.

On Reddit, Tether was mentioned in 552 Reddit posts and there were 1085 comments about Tether. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Powered by LunarCrush

Overview

Contributors

65,469 people

Volume rank

#11

Average Sentiment

3.6 out of 5

Twitter

Reddit

Posts

552

Comments

1,085

Post Score

753,288

Comment Score

772,423

Coinbase Bytes

Coinbase Bytes

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

Tether is on the decline this week.

The price of Tether has decreased by 0.01% in the last hour and decreased by 0.00% in the past 24 hours. Tether’s price has also fallen by 0.06% in the past week. The current price is $1.00 per USDT with a 24-hour trading volume of $123.65B. Currently, Tether is valued at 17.77% 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 103,618,183,617.716 USDT which means that Tether has as total market cap of 103,618,183,617.716.

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 $103.57B. 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 $123.65B.

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.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.