Tether (USDT) Price Overview
- Current Price: $1
- 24h Trading Volume: $26.06 billion
- Market Cap: $158.44 billion
- Circulating Supply: 160.82 billion USDT
Key Metrics
| Metric | Value |
|----------------------|----------------------|
| 24h Low/High | $1 / $1 |
| All-Time High | $1.32 (May 2018) |
| Blockchains | Arbitrum, Avalanche |
👉 Track USDT price in real-time
What Is Tether (USDT)?
Tether (USDT) is a stablecoin pegged 1:1 to the US dollar, widely used for trading and hedging against crypto volatility. It operates on multiple blockchains, including:
- Ethereum
- Tron
- Solana
Core Features:
- Instant settlements
- Low transaction fees
- High liquidity across exchanges
USDT Price Analysis
Historical Trends
- USDT maintains a tight $1 peg despite market fluctuations.
- Deviations rarely exceed ±0.5%.
Factors Influencing USDT Price
- Demand for Stablecoins: Rises during bear markets.
- Regulatory News: Impacts issuer credibility.
- Redemption Policies: Ensures peg stability.
👉 Compare USDT across exchanges
FAQs About Tether (USDT)
1. How does USDT maintain its peg?
Tether claims each USDT is backed 1:1 by reserves (cash/cash equivalents). Regular audits (though limited) aim to verify this.
2. Which exchanges list USDT?
USDT pairs are available on Binance, OKX, and Coinbase.
3. Is USDT safer than other stablecoins?
While widely adopted, USDT’s reserve transparency has faced scrutiny. Alternatives like USDC offer more frequent attestations.
Why Monitor USDT Prices?
- Traders: Arbitrage opportunities during minor peg deviations.
- Businesses: Use USDT for cross-border payments.
- Investors: Hedge against crypto volatility.