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Market cap rank
3
Market cap
183,305,548,576
Circulating supply
183,384,649,789
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

Compare Tether offers near you

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Mid-market rate 1 USDT = 0.9996 USD via coingecko · 2m 11s ago Offers updated 2m 5s ago
Exchange Price
Binance P2P Best rate P2P · 16m · Google Pay stale · 16m princessFatimaRani · 76.50% completed 1.10 USD Sell
Binance P2P P2P · 16m · SWIFT Transfer stale · 16m User-0add2 · 80.00% completed 1.10 USD Sell
CEX.IO CEX · 2m · Card · Mastercard
Funding conditions
  • MASTERCARD Countries where card payments aren’t available: Afghanistan, Algeria, Bangladesh, Bolivia, Bosnia and Herzegovina, British Virgin Islands, Burundi, Cambodia, Canada, Central African Republic, China, Cuba, Democratic People's Republic of Korea (DPRK), Democratic Republic of the Congo, Ethiopia, Guam, Guinea Bissau, Guyana, Hong Kong, India, Iran, Iraq, Japan, Lao People's Democratic Republic, Lebanon, Libya, Mali, Morocco, Nepal, Pakistan, Puerto Rico, Somalia, Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, United States Virgin Islands, Vanuatu, Venezuela, Yemen, Zimbabwe.
  • 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.
  • Varies by provider and country, please check before a transaction.
1.00 USD Sell
CEX.IO CEX · 2m · Card · Visa
Funding conditions
  • CARD WITHDRAWALS VISA Countries where card payments aren’t available: Afghanistan, Algeria, Argentina, Bangladesh, Bolivia, Bosnia and Herzegovina, British Virgin Islands, Burundi, Cambodia, Canada, Central African Republic, China, Colombia, Cuba, Democratic People's Republic of Korea (DPRK), Democratic Republic of the Congo, Dominican Republic, Ethiopia, Guam, Guinea Bissau, Guyana, Hong Kong, India, Iran, Iraq, Japan, Lao People's Democratic Republic, Lebanon, Libya, Mali, Morocco, Nepal, Pakistan, Puerto Rico, Somalia, South Sudan, Sudan, North Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, United States Virgin Islands, Vanuatu, Venezuela, Yemen, Zimbabwe.
  • 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.
  • Varies by provider and country, please check before a transaction.
1.00 USD Sell
Binance CEX · 2m · Funding terms not covered yet 0.9996 USD View
Binance P2P P2P · 16m · SEPA Transfer stale · 16m PrometeyX · 90.20% completed
8 matching ads
  • PrometeyX · 0.89 EUR · 90.20%
  • PrometeyX · 0.881 EUR · 90.20%
  • ZAMAN_techX · 0.88 EUR · 100.00%
  • CriptoMcLaren · 0.879 EUR · 81.10%
  • BsB_STORE_P2P_ · 0.877 EUR · 93.80%
  • goodprices · 0.877 EUR · 79.00%
  • MARCHAND_P2P · 0.876 EUR · 82.20%
  • instant __ pro · 0.876 EUR · 95.60%
0.89 EUR Sell
Binance P2P P2P · 16m · SEPA Transfer stale · 16m PrometeyX · 90.20% completed
8 matching ads
  • PrometeyX · 0.89 EUR · 90.20%
  • ZAMAN_techX · 0.88 EUR · 100.00%
  • CriptoMcLaren · 0.88 EUR · 81.10%
  • ANGELAEXPRESS_SYNTEK · 0.88 EUR · 90.40%
  • CriptoMcLaren · 0.879 EUR · 81.10%
  • goodprices · 0.877 EUR · 79.00%
  • BsB_STORE_P2P_ · 0.877 EUR · 93.80%
  • MARCHAND_P2P · 0.876 EUR · 82.20%
0.89 EUR Sell
Binance P2P P2P · 16m · SEPA Transfer stale · 16m PrometeyX · 90.20% completed
14 matching ads
  • PrometeyX · 0.89 EUR · 90.20%
  • PrometeyX · 0.881 EUR · 90.20%
  • CriptoMcLaren · 0.88 EUR · 81.10%
  • Medoed__ · 0.879 EUR · 94.10%
  • Western-union_fast · 0.878 EUR · 86.50%
  • BsB_STORE_P2P · 0.878 EUR · 94.50%
  • Good_rate_ever · 0.878 EUR · 100.00%
  • panda2376 · 0.878 EUR · 85.80%
  • goodprices · 0.877 EUR · 79.00%
  • BsB_STORE_P2P_ · 0.877 EUR · 93.80%

4 further matching ads are not expanded above.

0.89 EUR Sell
Binance P2P P2P · 6m · Wise stale · 6m sxhhzhzz · 74.80% completed
7 matching ads
  • sxhhzhzz · 0.879 EUR · 74.80%
  • Good_rate_ever · 0.878 EUR · 100.00%
  • goodprices · 0.877 EUR · 79.00%
  • True-Crypto · 0.876 EUR · 41.40%
  • myfin_fast_3DTransfr · 0.876 EUR · 92.50%
  • instant__rapiiide · 0.876 EUR · 87.50%
  • instant __ pro · 0.876 EUR · 95.60%
0.879 EUR Sell

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