Tether (USDT): price, chart and stablecoin description | moniq.uz

Tether USDt USDT

Cryptocurrency · Stablecoins · launched in 2014

№3of 40 004

$0.9993
Price −0.01%
$182.38 billion
Capitalization
$45.09 billion
Volume over 24 hours
6.75%
Dominance
VolumePrice, $

Order book data is delayed and for informational purposes only.

About the coin

Circulating supply
182.62 billion USDT
Total supply
189.31 billion USDT
Maximum supply
Unlimited
Fully diluted capitalization
$189.06 billion
24h high
$0.9998
24h low
$0.9991

Tether (USDT) is a stablecoin pegged to the US dollar at a 1:1 ratio. It has been issued by Tether Limited since 2014. Each token is backed by the issuer's reserves, primarily short-term US Treasury bonds and cash. USDT is issued on multiple blockchains, including Tron, Ethereum, and Solana, so selecting the correct network is important when transferring. The stablecoin is used as a "digital dollar": for settlements between crypto exchanges, storing funds without volatility, and international transfers. USDT is the largest stablecoin by market capitalization and one of the most traded cryptocurrencies in the world.

Additional information

Project website  Whitepaper  Block explorer 

FAQ

  • USDT (Tether) is a stablecoin, a cryptocurrency whose exchange rate is pegged to the US dollar: one USDT aims to be worth one dollar. It is issued by Tether Limited. USDT is used as a digital equivalent of the dollar in the cryptocurrency economy.

  • The peg is maintained through reserves and token issuance/redemption mechanisms. Market rates may briefly deviate from the dollar by fractions of a percent, or more during panic. Historically, the rate has returned to the peg after such deviations, but there is no guarantee.

  • According to Tether, tokens are backed by company reserves. These are primarily short-term US Treasury bonds and cash, as well as other assets. The issuer regularly publishes reserve composition reports prepared by independent audit firms.

  • USDT is issued on several blockchains, the most popular being Tron (TRC-20 standard) and Ethereum (ERC-20 standard). It is also available on Solana, TON and other networks. The token itself is the same everywhere, but transfers differ in speed and commission size.

  • The sender's and recipient's networks must match. If an exchange or wallet accepts USDT on the Tron network, you should send it through Tron as well. For small transfers, networks with low fees are usually chosen, such as Tron. Always verify the network specified by the recipient before sending.

This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.