Market Cap: $204,435,873,089
Cryptos: 1,921
Market Cap: $204,435,873,089
24h Vol: $13,297,734,278
BTC Dominance: 54.67 %
overview video
$1.006304 USD (0.43 %)
$0.000150 BTC (-4.28 %)
Rank 8
Token (Omni)
Mkt. Cap.
$ 2,773,797,252
Circulating Supply
2,756,421,736
Vol. 24H
$3,499,627,773
Total Supply
3,080,109,502
All Time High
$1.2200 ( Feb 25, 2015 )
overview video

What is Tether

Converts cash into digital currency, to anchor or tether the value to the price of national currencies.Tether or more commonly known as the USDT, is a cryptocurrency backed by the actual Fiat which can be a dollar, yen or a pound. It is ensured that one USDT represents one Dollar and no more, no less. Enabling the use of Fiat currencies within new technologies and are backed by the internal reserves of the Tether team.

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Features & Technology

The omni protocol of Tether allows the rapid issuance and redemption of tokens pegged to the Fiat, it is so due to the volatile nature of pump and dump groups.
The fees on the Tether protocol has been feeles from tether wallet to wallet but is not accountable to fees charged when sending to an external wallet.
To control generation of the tokens, the hierarchy of Tether is completely centralized.
Tether reserves are fully transparent and the reserves are public for anyone on the blockchain to view.
The consensus mechanism for validating transactions on the Tether network is a mixture of Proof of Work and Proof of Stake.

Latest Tether (USDT) Charts

Historical Data

Tether Founding Team

Craig Sellars
Founder and Advisor

Tether News

20
Sep
2018

General

Hong Kong Firm to Launch Yen-Pegged Stablecoin as ...

Bitcoin
Grandshores new stable coin will be the latest in a slew of assets that aim to provide investors with exposure to fiat c...
19
Sep
2018

Analysis

Eidoo Crypto Startup Follows Stablecoin Rush Creat...

Bitcoin
Swiss crypto startup Eidoo will tie cryptocurrency to the price of actual gold, seeking to create a trustful and more st...
19
Sep
2018

General

Ethereum Price Analysis - Leveraged positions at r...

Bitcoin
Ethereum (ETH) tumbled more than 40% this month, before recovering slightly over the past week on record-setting exchang...

Past Tether Events

24
Aug
2018
Tether (USDT)

(Exchange )

Indodax Listing
Added Aug 21, 2018