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Market cap rank
3
Market cap
182,528,143,018
Circulating supply
182,726,130,617
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 = 0.8924 EUR via ccxt · 30s ago Offers updated 29s ago
Exchange Price
CEX.IO Best rate CEX · 29s · Card · Mastercard
Funding conditions
  • New customers (under 3 months from the identity verification) have a maximum daily limit of $1,000 and a maximum monthly limit of $3,000. After 3 months applied standard payment method limits.
0.9987 USD Sell
CEX.IO CEX · 29s · Card · Visa
Funding conditions
  • New customers (under 3 months from the identity verification) have a maximum daily limit of $1,000 and a maximum monthly limit of $3,000. After 3 months applied standard payment method limits.
0.9987 USD Sell
Binance P2P P2P · 14m · SEPA Transfer stale · 14m Diana_trade · 90.00% completed
18 matching ads
  • Diana_trade · 0.945 EUR · 90.00%
  • vevo-exchange · 0.94 EUR · 100.00%
  • Smurfeta_Obmen · 0.905 EUR · 85.00%
  • SAMARA_ALI_EXPRESS · 0.905 EUR · 88.90%
  • B2B_Only · 0.902 EUR · 46.90%
  • Andreii4141 · 0.90 EUR · 94.20%
  • AyoubMeziani · 0.90 EUR · 85.00%
  • Your_Fast_P2Pal · 0.898 EUR · 88.30%
  • 07-USDT · 0.897 EUR · 100.00%
  • Souleff · 0.897 EUR · 89.20%

8 further matching ads are not expanded above.

0.945 EUR Sell
Binance P2P P2P · 14m · N26 stale · 14m Diana_trade · 90.00% completed
8 matching ads
  • Diana_trade · 0.945 EUR · 90.00%
  • vevo-exchange · 0.94 EUR · 100.00%
  • SAMARA_ALI_EXPRESS · 0.905 EUR · 88.90%
  • Smurfeta_Obmen · 0.905 EUR · 85.00%
  • midou_ex · 0.895 EUR · 82.10%
  • True-Crypto · 0.895 EUR · 26.70%
  • Walid_DSO · 0.895 EUR · 80.00%
  • Ziridian16 · 0.895 EUR · 96.70%
0.945 EUR Sell
Binance P2P P2P · 14m · SEPA Transfer stale · 14m SAMARA_ALI_EXPRESS · 88.90% completed
7 matching ads
  • SAMARA_ALI_EXPRESS · 0.905 EUR · 88.90%
  • Smurfeta_Obmen · 0.905 EUR · 85.00%
  • AyoubMeziani · 0.90 EUR · 85.00%
  • Your_Fast_P2Pal · 0.898 EUR · 88.30%
  • Souleff · 0.897 EUR · 89.20%
  • SecureCryptoBank · 0.896 EUR · 93.60%
  • ABD_Ab · 0.895 EUR · 90.50%
0.905 EUR Sell
Binance P2P P2P · 14m · Wise stale · 14m Smurfeta_Obmen · 85.00% completed
11 matching ads
  • Smurfeta_Obmen · 0.905 EUR · 85.00%
  • SAMARA_ALI_EXPRESS · 0.905 EUR · 88.90%
  • Andreii4141 · 0.90 EUR · 94.20%
  • AyoubMeziani · 0.90 EUR · 85.00%
  • Your_Fast_P2Pal · 0.898 EUR · 88.30%
  • SecureCryptoBank · 0.896 EUR · 93.60%
  • Ziridian16 · 0.895 EUR · 96.70%
  • ABD_Ab · 0.895 EUR · 90.50%
  • True-Crypto · 0.895 EUR · 26.70%
  • midou_ex · 0.895 EUR · 82.10%

1 further matching ad is not expanded above.

0.905 EUR Sell
Binance P2P P2P · 14m · SEPA Transfer stale · 14m SAMARA_ALI_EXPRESS · 88.90% completed
4 matching ads
  • SAMARA_ALI_EXPRESS · 0.905 EUR · 88.90%
  • Your_Fast_P2Pal · 0.898 EUR · 88.30%
  • Souleff · 0.897 EUR · 89.20%
  • Zakimyfinsepainstant · 0.895 EUR · 83.20%
0.905 EUR Sell
Binance P2P P2P · 9m · bunq stale · 9m SecureCryptoBank · 93.60% completed
4 matching ads
  • SecureCryptoBank · 0.896 EUR · 93.60%
  • Zenix deal · 0.895 EUR · 79.40%
  • True-Crypto · 0.895 EUR · 26.70%
  • Zakimyfinsepainstant · 0.895 EUR · 83.20%
0.896 EUR Sell
CEX.IO CEX · 29s · Bank transfer · SEPA Transfer · Sepa 0.892 EUR Sell

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