Tether - Live Tether price and market cap

Tether Crypto Coin Rank 3

Website

83,775,444,681 USDT

24h Vol

890,981 BTC

1 H

-0.01 %

24 H

-0.01 %

7 d

-0.08 %

Today Tether price in US dollars is currently 0.9999 USD, and if converted to Bitcoin is 0.00003366 BTC. A total of 83,775,444,681 USDT are currently circulating in the Market. Tether price is currently experiencing a change of -0.01 %, and check here all cryptocurrency. Over the past 24 hours 264.672 M US dollars Tether have been traded on Crypto Exchanges. Get Tether's progress by adding it to your favourites and creating a free portfolio.

Full Name

Tether

Symbol

USDT

Algorithm

N/A

BTC Price

0.00003366 BTC

BTC Market

2,819,814 BTC

BTC 24h Vol

890,981 BTC

Total Coins Mined

83,775,444,681 USDT

-0.01 %

24h

-0.01 %

-0.08 %

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Tether

Description

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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