2629 cryptocurrencies
Total Market Cap $344.296.327.564
Total Volume 24h $675.265.933

Tether  (USDT) Tether (USDT) star

$1.00
-0.0006 (-0.06%)
The price of Tether in US dollars is currently 1.00 USD. That makes one USDT worth just 0.00014795382846 of one Bitcoin. Given that there are currently 2.607.140.352 USDT in circulation, Tether makes up 0.76% of the total market capitalization of all cryptocurrencies.

Over the last 24 hours 1.356.225 US dollars worth of USDT has been traded at crypto exchanges and the coin has moved -0.0006 dollars. Making for a -0.06% change in this crypocurrency's value.

Tether Price Chart

Stock Ticker: USDT

USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency.

USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process.

In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.

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Market share 0.76%
Proof type
24h Open $1.00
24h Low $1.00
24h High $1.00
Price in BTC 0.00014795382846 BTC
Current Supply 2.607.140.352 USDT
Market cap $2.605.575.936
24h Volume (coin) 1.355.438 USDT
24h Volume (currency) $1.356.225
Last updated 2018-06-21 09:17:42 +01:00 BST
ID Market Type Price Quantity Total
Date Price Volume

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