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Market cap rank
3
Market cap
184,050,489,019
Circulating supply
184,199,691,342
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 = 0.7542 GBP via ccxt · 1m 38s ago Offers updated 1m 38s ago
Exchange Price
CEX.IO Best rate CEX · 1m · 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.
0.9989 USD Sell
CEX.IO CEX · 1m · 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.
0.9989 USD Sell
Binance P2P P2P · 12m · Monzo stale · 12m Accept_ThirdParty · 53.20% completed
17 matching ads
  • Accept_ThirdParty · 0.825 GBP · 53.20%
  • User-ab8b4 · 0.80 GBP · 95.00%
  • Your_Fast_P2Pal · 0.756 GBP · 88.70%
  • _TRUSTED_01 · 0.753 GBP · 94.50%
  • P2P-bankbang · 0.749 GBP · 83.40%
  • Multizer · 0.749 GBP · 66.20%
  • YourExchanger1 · 0.746 GBP · 89.70%
  • TrustEx-24H · 0.745 GBP · 92.70%
  • BABGTTRADE · 0.743 GBP · 98.50%
  • wis-fast-to-wis · 0.743 GBP · 97.90%

7 further matching ads are not expanded above.

0.825 GBP Sell
Binance P2P P2P · 12m · Bank Transfer stale · 12m User-ab8b4 · 95.00% completed
24 matching ads
  • User-ab8b4 · 0.80 GBP · 95.00%
  • Myr4ik001 · 0.757 GBP · 93.40%
  • Your_Fast_P2Pal · 0.756 GBP · 88.70%
  • TRADE_WOLF · 0.756 GBP · 100.00%
  • westexchanger · 0.754 GBP · 0.00%
  • _TRUSTED_01 · 0.753 GBP · 94.50%
  • horizon_v_solutions · 0.75 GBP · 97.20%
  • P2P-bankbang · 0.749 GBP · 83.40%
  • Multizer · 0.749 GBP · 66.20%
  • YourExchanger1 · 0.746 GBP · 89.70%

14 further matching ads are not expanded above.

0.80 GBP Sell
Binance P2P P2P · 12m · Lloyds Bank stale · 12m Myr4ik001 · 93.40% completed
18 matching ads
  • Myr4ik001 · 0.757 GBP · 93.40%
  • TRADE_WOLF · 0.756 GBP · 100.00%
  • Your_Fast_P2Pal · 0.756 GBP · 88.70%
  • _TRUSTED_01 · 0.753 GBP · 94.50%
  • P2P-bankbang · 0.749 GBP · 83.40%
  • Multizer · 0.749 GBP · 66.20%
  • YourExchanger1 · 0.746 GBP · 89.70%
  • TrustEx-24H · 0.745 GBP · 92.70%
  • BABGTTRADE · 0.743 GBP · 98.50%
  • wis-fast-to-wis · 0.743 GBP · 97.90%

8 further matching ads are not expanded above.

0.757 GBP Sell
Binance P2P P2P · 12m · Instant Transfer stale · 12m Myr4ik001 · 93.40% completed
5 matching ads
  • Myr4ik001 · 0.757 GBP · 93.40%
  • TRADE_WOLF · 0.756 GBP · 100.00%
  • westexchanger · 0.754 GBP · 0.00%
  • horizon_v_solutions · 0.75 GBP · 97.20%
  • EUR-CASH · 0.742 GBP · 96.60%
0.757 GBP Sell
Binance P2P P2P · 12m · Starling Bank stale · 12m Your_Fast_P2Pal · 88.70% completed
12 matching ads
  • Your_Fast_P2Pal · 0.756 GBP · 88.70%
  • _TRUSTED_01 · 0.753 GBP · 94.50%
  • Multizer · 0.749 GBP · 66.20%
  • YourExchanger1 · 0.746 GBP · 89.70%
  • TrustEx-24H · 0.745 GBP · 92.70%
  • BABGTTRADE · 0.743 GBP · 98.50%
  • wis-fast-to-wis · 0.743 GBP · 97.90%
  • EUR-CASH · 0.742 GBP · 96.60%
  • TurboTrailblazerSafe · 0.742 GBP · 33.40%
  • SeiCing · 0.741 GBP · 87.90%

2 further matching ads are not expanded above.

0.756 GBP Sell

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