Cryptocurrency profile · USDT
Tether
$0.9997 USD
- Market cap rank
- 3
- Market cap
- 183,339,188,969
- Circulating supply
- 183,384,649,781
- 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
Choose your country and payment method. We will show only the current offers that match your market.
Buy USDT
Sell USDT instead
| Exchange | Price | Payment | |
|---|---|---|---|
| Kraken Best rate CEX · 1m · Bank transfer · SWIFT Transfer · SWIFT (Bank Frick) · Bank Frick | 0.9997 USD | Buy Buy here | |
| Kraken CEX · 1m · Bank transfer · SWIFT Transfer · SWIFT (Customers Bank) · Customers Bank | 0.9997 USD | Buy Buy here | |
CEX.IO
CEX · 1m · Card · Mastercard
Funding conditions
|
1.00 USD | Buy Buy here | |
CEX.IO
CEX · 1m · Card · Visa
Funding conditions
|
1.00 USD | Buy Buy here | |
Binance P2P
P2P · 20m · Bank Transfer
stale · 20m
EmiratesP2P · 99.60% completed
26 matching ads
16 further matching ads are not expanded above. |
3.68 AED | Buy Buy here | |
Binance P2P
P2P · 20m · Abu Dhabi Commercial Bank
stale · 20m
EmiratesP2P · 99.60% completed
8 matching ads
|
3.68 AED | Buy Buy here | |
Binance P2P
P2P · 20m · Aani
stale · 20m
EmiratesP2P · 99.60% completed
13 matching ads
3 further matching ads are not expanded above. |
3.68 AED | Buy Buy here | |
Binance P2P
P2P · 20m · Transfers with specific bank
stale · 20m
NASSER-TRADER · 93.80% completed
3 matching ads
|
3.68 AED | Buy Buy here | |
Binance P2P
P2P · 20m · Bank Transfer (Middle East)
stale · 20m
BLOCKSY · 100.00% completed
2 matching ads
|
3.68 AED | Buy Buy here | |
| Binance P2P P2P · 12m · AL MASHREQ Bank stale · 12m BTC-TRADING-FZCO · 98.20% completed | 3.71 AED | Buy Buy here |