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Tether

Tether is a type of digital crypto currency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding Tether, create alerts, follow analysis and opinion and get real time market data.

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1 USDT =

$ 1.0004

-0.0003 -0.03%

17:05:44 - Real-time Data . ( Disclaimer )

Market Cap: $78.29B

Circulating Supply: USDT78.26B

Max Supply: USDT0

Vol (24H): $90.80B

Day's Range: 1.0002 - 1.0011

Chg (7D): +0.01%

Investing.com Index

1D 1W 1M 6M 1Y 5Y Max

Tether News

Stablecoin Issuer Tether Has Recovered Over $87 Million in USDT Sent to Wrong Addresses

Stablecoin Issuer Tether Has Recovered Over $87 Million in USDT Sent to Wrong... BTC Manager

Since its launch, Tether, the company behind the top USD-pegged stablecoin USDT has helped recover more than $87 million sent to...

$1 Billion Just Sent From Tether Treasury to Binance: Here is Why

Cryptocurrency Stablecoin Shakeup: USD Coin Overtakes Tether on Ethereum

USD Coin (USDC) Surpassed Tether on the Ethereum Blockchain

Myanmar Democracy Group Look to Tether After Failure of Myanmar Dollar Project

Cryptocurrency Myanmar Democracy Group Look to Tether After Failure of Myanmar...

Show more News

Tether Analysis & Opinion

Bitcoin Rebounds As 1 Billion Tether Go Into Circulation; MATIC, AVAX, Aragon, DUSK See Price Increments

By KryptoMoney - Dec 15, 2021

Bitcoin price rebounded to intraday highs of $49,500 on Dec. 15 as...

Bitcoin Tanks As Tether Faces Another Lawsuit

By Talkmarkets - Dec 14, 2021

Major cryptos are in the red as major stablecoin Tether faces...

Is First 'Arab' Crypto UEDC Next Bullish Token Or Digital Scam? By Andy Hecht - Nov 11, 2021

This article was written exclusively for Investing.comNumber of...

Cardano Explodes To Record Highs. Will It Leave Bitcoin, Ethereum In the Dust? By Andy Hecht - Sep 02, 2021

This article was written exclusively for Investing.comCardano...

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Nikhil Bhardwaj Jul 12, 2021 4:12

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Just search online or YouTube tether scam and they will be exposed

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Nikhil Bhardwaj Jul 12, 2021 4:12

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watched soo many documentaries on tether scam coin

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Nikhil Bhardwaj Jul 12, 2021 4:11

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scam coin of the century

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Ryley McCarroll Jun 21, 2021 21:14

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to the moon

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FAQ

What is Tether?
Tether is an offering from Hong Kong-based tech company Tether Holdings. Tether or USDT was created to address the volatility concerns which currently plague the crypto industry. Given this, Tether is backed by fiat and is a stablecoin that aims to track the value of the US dollar. By extension, it aims to make crypto valuation stable. Tether serves as the first digital asset used by most crypto investors in interfacing with the crypto space.
How to buy Tether
Tether can be bought from most crypto exchanges in the blockchain ecosystem. Many crypto investors use it as a payment rail to buy other cryptocurrencies, making it highly popular. Exchanges like Binance, Huobi Global, Coinbase, Gate.io, Kucoin, and several others offer Tether purchases. Tether is the easiest cryptocurrency to lay your hands on.
How does Tether work?
Tether tracks the price movement of the US dollar, and since the coin is a stablecoin, Tether cannot be lower or higher than $1 with some little variation. This is why every Tether coin in circulation must be duly backed by a commensurate amount of physical cash or appropriate financial instrument.
How to mine Tether
Although Tether is a digital currency like Bitcoin, it cannot be mined as it is inherently pegged to the US greenback. Mining Tether would go against the reason why this cryptocurrency was created. The only way to get more Tether coins is to buy them.
How does Tether make money?
How does Tether make money? Tether doesn't make money; on the contrary, it loses money because it is tied to a real-world asset. Nonetheless, it serves as a lubricant for the fast-evolving crypto market.
Why has Tether coin caused so much controversy?
Tether coin has been involved in controversy over accusations that it has not been transparent with its reserves. The stablecoin company was required to post the quarterly records of its fiat reserve currencies after a lawsuit filed by the New York Attorney General (NYAG) office. The company recently posted its records and showed that only 10% of the more than $69 billion-worth of Tether coins are backed with real cash and similar financial instruments. This record has drawn the ire of regulators and critics who allege that the stablecoin is printing money. The firm was recently embroiled in financial misappropriation with crypto exchange BitFinex which saw it slammed with an $18 million fine.