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Tether

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1 USDT =

$ 1.0001

-0.0001 -0.01%

14:40:22 - Real-time Data . ( Disclaimer )

Market Cap:

$67.57B

Circulating Supply:

USDT67.57B

Max Supply:

USDT0

Vol (24H):

$48.01B

Chg (7D):

-0.01%

Day's Range:

0.9999 - 1.0002

Bitfinex May Face Criminal Investigations in U.S.

Bitfinex May Face Criminal Investigations in U.S.

By CryptoDaily - Aug 12, 2022

The sister company of stablecoin Tether, crypto exchange Bitfinex, is facing the possibility of criminal investigations in the United States according to the Department of Justice...

Tezos Is Gaining Traction In DeFI, NFTs & More

Tezos Is Gaining Traction In DeFI, NFTs & More

By CryptoDaily - Aug 11, 2022

Following a busy summer that saw Tezos host its annual developer conference in Paris shortly after welcoming USDT into its fold, the blazing fast, energy friendly blockchain...

Stablecoin Giants Circle, Tether Support Ethereum in Its Upcoming PoS Transition

Stablecoin Giants Circle, Tether Support Ethereum in Its Upcoming PoS Transition

By BeinCrypto - Aug 10, 2022

Issuers of the two largest stablecoins - Tether's USDT and Circle's USDC— have extended their support to Ethereum as it approaches The Merge in September this year. The post...

Tether Confirms Its Support For The Post-Merge Ethereum

Tether Confirms Its Support For The Post-Merge Ethereum

By CryptoVibes - Aug 10, 2022

Coming hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has officially confirmed that it will support Ethereum’s...

Tether confirms it will support the Ethereum Merge

Tether confirms it will support the Ethereum Merge

By InsideBitcoins - Aug 10, 2022

The Ethereum Merge slated to happen in September is already receiving support from the crypto sector. The issuer of the USDT stablecoin, Tether, has already [...]

Predictions for 2022, According to the Co-Founder of Tether and Wax

Predictions for 2022, According to the Co-Founder of Tether and Wax

By BeinCrypto - Aug 09, 2022

Predictions for 2022: What does the rest of the year have in store? A lot, according to William Quigley, the co-founder of Tether. The post Predictions for 2022, According to the...

Stablecoin giants Circle, Tether back Ethereum’s ‘merge’—a bad sign for those pushing a hard fork

Stablecoin giants Circle, Tether back Ethereum’s ‘merge’—a bad sign for those pushing a hard fork

By Fortune - Aug 09, 2022

Stablecoin providers Circle and Tether are among the most important supporters when it comes to the Ethereum merge and the network's shift to proof-of-stake. Here's why.

Tether Announces Support for Ethereum Proof of Stake Transition

Tether Announces Support for Ethereum Proof of Stake Transition

By CryptoPotato - Aug 09, 2022

Both of the largest stablecoin issuers have now agreed to service Ethereum’s proof of stake chain upon launch.

Hong Kong Investors Lost $50M From Crypto Scams in 2022 (Report)

Hong Kong Investors Lost $50M From Crypto Scams in 2022 (Report)

By CryptoPotato - Aug 06, 2022

Cryptocurrency scams in Hong Kong for the first half of 2022 were reportedly up by 105% than in H1, 2021.

Metadoro: USDC is Gaining Strength to Outpace Tether

Metadoro: USDC is Gaining Strength to Outpace Tether

By CryptoDaily - Aug 03, 2022

USD Coin from Circle, a technology company that develops peer-to-peer payments, is improving its positions as a leading stablecoin. Its market cap rose from $40 billion at the...

Tether’s USDT Circulating Supply Sees Uptick After 3 Consecutive Months of Declines

Tether’s USDT Circulating Supply Sees Uptick After 3 Consecutive Months of Declines

By CryptoPotato - Aug 02, 2022

The bear market has been merciless. But could Tether's rise imply that the cryptocurrency market is headed for a recovery curve?

Tether Terms Thesis Behind USDT Short-Selling ‘Flat Out Wrong’

Tether Terms Thesis Behind USDT Short-Selling ‘Flat Out Wrong’

By CryptoVibes - Aug 01, 2022

Tether stated that the hedge funds that shorted its stablecoin after Terra’s massive collapse have “a fundamental misunderstanding of both the cryptocurrency market and Tether.”...

Tether says firms shorting USDT are misinformed and wrong

Tether says firms shorting USDT are misinformed and wrong

By InsideBitcoins - Aug 01, 2022

Tether is the issuer of the world’s largest stablecoin, USDT. The company has now said that the hedge funds that tried to short USDT following [...]

ETH 2.0 Receives Support From Tether Despite Reports of Delays

ETH 2.0 Receives Support From Tether Despite Reports of Delays

By BeinCrypto - Aug 01, 2022

The future of ETH 2.0 hangs in the balance, but Tether, issuer of the USDT stablecoin, has fanned the embers of hope among believers by announcing its full support. The post ETH...

Last Week [In] Crypto: Google and Apple Slammed Over Fake Crypto Apps, Tether Says It Holds Zero Chinese Commercial Paper

Last Week [In] Crypto: Google and Apple Slammed Over Fake Crypto Apps, Tether Says It Holds Zero Chinese Commercial Paper

By BeinCrypto - Aug 01, 2022

Be[in]Crypto has rounded up the top stories in the crypto industry, from the incoming waves of lawsuits to the arrest of a Coinbase employee for insider trading, and more. The post...

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Sidley Austino Jun 01, 2022 18:53

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Nice

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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.