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Market cap rank
3
Market cap
183,487,980,433
Circulating supply
183,517,171,052
Max supply

About Tether

Tether (USDT) is a cryptocurrency designed to maintain a value equivalent to the U.S. dollar, functioning as a stablecoin. It aims to provide stability in the volatile cryptocurrency market and offer liquidity to exchanges that face challenges with traditional banking. Tether converts cash into digital currency, tethering its value to national currencies like the USD, Euro, and Yen. It operates on blockchain technology and claims to be 100% backed by USD held in reserves. The primary use of Tether is to facilitate trading and transfers on exchanges, allowing users to move fiat in and out more quickly and cheaply, and to circumvent banking issues. Tether is issued by Tether Limited, a company incorporated in Hong Kong and governed by British Virgin Islands law. It is widely used on exchanges like Bitfinex, Poloniex, and Bittrex to purchase other cryptocurrencies. Tether can be transferred to Omni Layer enabled wallets, and conversions between USDT and USD are possible through the Tether.to platform, with fees for such conversions.

  • Tether is the most popular stablecoin and acts as a dollar replacement on many exchanges.
  • Tether Limited is incorporated in Hong Kong and governed by the laws of the British Virgin Islands.
  • The CEO of Tether Limited, Jan Ludovicus van der Velde, is also the CEO of Bitfinex, an exchange accused of price manipulation.
  • Tether claims to be 100% backed by USD held in reserve.
  • Tether has no transaction fees, though external wallets and exchanges may charge fees.

Local market

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Mid-market rate 1 USDT = 0.9996 USD via coingecko · 16s ago Offers updated 15s ago
Exchange Price
Binance P2P Best rate P2P · 9m · stc pay stale · 9m princessFatimaRani · 76.20% completed 1.10 USD Sell
Binance P2P P2P · 9m · Google Pay stale · 9m princessFatimaRani · 76.20% completed 1.10 USD Sell
Binance P2P P2P · 9m · Easypaisa-PK Only stale · 9m princessFatimaRani · 76.20% completed
2 matching ads
  • princessFatimaRani · 1.10 USD · 76.20%
  • ShabbirTradding · 1.10 USD · 73.40%
1.10 USD Sell
Binance P2P P2P · 9m · Meezan Bank stale · 9m ShabbirTradding · 73.40% completed 1.10 USD Sell
Binance P2P P2P · 9m · UnionBank of the Philippines stale · 9m ShabbirTradding · 73.40% completed 1.10 USD Sell
Binance P2P P2P · 9m · Banco Popular stale · 9m User-5eb00 · 100.00% completed 1.10 USD Sell
Binance P2P P2P · 9m · Pago Movil stale · 9m INVERSIONES-KENAI · 92.80% completed 1.10 USD Sell
Binance P2P P2P · 9m · BAC Credomatic stale · 9m INVERSIONES-KENAI · 92.80% completed 1.10 USD Sell
Binance P2P P2P · 9m · Bank Transfer stale · 9m INVERSIONES-KENAI · 92.80% completed 1.10 USD Sell
Binance P2P P2P · 9m · Banesco stale · 9m INVERSIONES-KENAI · 92.80% completed 1.10 USD Sell
Binance P2P P2P · 9m · BCR Bank stale · 9m INVERSIONES-KENAI · 92.80% completed 1.10 USD Sell
Binance P2P P2P · 9m · PayPhone stale · 9m Kevin cl cambios · 100.00% completed 1.10 USD Sell
Binance P2P P2P · 9m · Facebank International stale · 9m Leon3106 · 91.70% completed
17 matching ads
  • Leon3106 · 1.05 USD · 91.70%
  • RogerDan · 1.05 USD · 97.30%
  • dgpereira · 1.05 USD · 91.00%
  • Nacho2610 · 1.05 USD · 100.00%
  • ResponsableyRapido · 1.05 USD · 100.00%
  • P2P-62fbcfou · 1.04 USD · 100.00%
  • KillyCh · 1.04 USD · 95.90%
  • 3rd-P4rty-account-m · 1.04 USD · 97.30%
  • turemesasvenezuela02 · 1.04 USD · 95.00%
  • yadesgroup · 1.04 USD · 100.00%

7 further matching ads are not expanded above.

1.05 USD Sell
Binance P2P P2P · 4m · Pipol Pay P2P-d0aabfrw · 100.00% completed
3 matching ads
  • P2P-d0aabfrw · 1.05 USD · 100.00%
  • Vccscar · 1.04 USD · 100.00%
  • rafabuca · 1.04 USD · 100.00%
1.05 USD Sell
Binance P2P P2P · 4m · Bank of America JMcrypto1 · 87.50% completed 1.05 USD Sell
Binance P2P P2P · 4m · SWIFT Transfer JMcrypto1 · 87.50% completed 1.05 USD Sell
Binance P2P P2P · 42s · PayPro Micheliz02 · 87.50% completed
2 matching ads
  • Micheliz02 · 1.04 USD · 87.50%
  • owfer60 · 1.04 USD · 95.10%
1.04 USD Sell
Binance P2P P2P · 42s · Paynet Micheliz02 · 87.50% completed
2 matching ads
  • Micheliz02 · 1.04 USD · 87.50%
  • owfer60 · 1.04 USD · 95.10%
1.04 USD Sell
Binance P2P P2P · 42s · Payme.io Micheliz02 · 87.50% completed
2 matching ads
  • Micheliz02 · 1.04 USD · 87.50%
  • owfer60 · 1.04 USD · 95.10%
1.04 USD Sell
Binance P2P P2P · 42s · Pyypl owfer60 · 95.10% completed 1.04 USD Sell
CEX.IO CEX · 16s · No verified funding route for this currency 1.00 USD Sell
Kraken CEX · 16s · No verified funding route for this currency 0.9994 USD Sell
Binance CEX · 15s · Funding terms not covered yet 0.9993 USD Sell

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