Tether (USDT) Price, Marketcap, Chart, Exchange and History | CJsGo

Crypto Market Capitalization

Market Cap: $2,547.40 B
24h Vol: $61.24 B
BTC Dominance: 50.53%

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Tether (USDT)

$1.00

0.06% (24H)

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Low 24H: $1.00 High 24H: $1.00

Market Cap	Volume	Available Supply
$110.93 B	$25.21 B	110.90 B USDT
ATH	ATH(% Change)	ATH Date
$1.32	-24.38%	2018-07-24

Tether (USDT) price currently is $1.00 with a marketcap of $110.93 B. Tether (USDT) price is 0.06% up in last 24 hours.

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar.

The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.”

Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges.

Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve).