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Tether

USDT

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Market

Market stats

Market cap

$83.3B

Volume (24h)

$27.1B

Circulating supply

83.3B USDT

Typical hold time

1 day

Popularity

#3

All time high

$1.22

Price change (1h)

0%

Price change (24h)

+0.02%

Price change (7d)

0%

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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.

Tether is on the decline this week.

The price of Tether has fallen by 0.00% in the past 7 days. The price increased by 0.02% in the last 24 hours. In just the past hour, the price shrunk by 0.00%. The current price is $1.00 per USDT. Tether is 18.03% below the all time high of $1.22.

The current circulating supply is 83,255,047,972.36 USDT.

About

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.

Resources

Whitepaper
Official website

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Reading List

News

The Block • Sep 22, 23

What is USDT and how does it work? A guide to Tether’s stablecoin

A look at the stablecoin issuer Tether and how traders use USDT to store value and transfer it between exchanges and blockchains.

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

The Block • Apr 21, 23

Tether mints another billion USDT on Ethereum as its stablecoin dominance grows

Some argue that the supply of Tether's USDT has historically indicated the direction in which the price of bitcoin will trend.

Read more

News Article Image

The Block • Apr 11, 23

USDC supply stabilizes following Silicon Valley Bank bank woes as tether cements its stablecoin dominance

After a wave of redemptions following the collapse of Silicon Valley Bank, the supply of stablecoin USDC on Ethereum has stabilized.

Read more

News Article Image

Decrypt • Feb 15, 23

As BUSD Dies, Tether’s USDT Soaks Up Another $1 Billion

With the fall of a top-three stablecoin, Tether is emerging as a clear winner.

Read more

News Article Image

The Block • Feb 13, 23

Tether dominates Brazil as bitcoin, ether fall out of favor

Brazil's federal tax authority, which compiles data from foreign and local exchanges on cryptocurrency usage, said that the value of all transactions for tether jumped 58% last year compared to a year earlier.

Read more

News Article Image

Guides

Coinbase

How to Buy Tether

Good news! You can buy Tether on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Tether.

Read more

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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 $83.26B. 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 $27.09B.

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 83 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 30 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.

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.