Tether USDT price
Rank #3Live price from (median across exchanges)
USDT to USD converter
How to buy USDTTether price chart
USDT market stats
- Market cap
- $183,816,409,909
- Fully diluted valuation
- $189,281,742,250
- 24h trading volume
- $64,155,904,984
- Volume / market cap
- 0.3490
- Circulating supply
- 183,870,683,999 USDT
- Total supply
- 189,337,630,048 USDT
Tether markets
Updated 8h ago| # | Exchange | Pair | Price | Spread | 24h Volume | Share | Trust |
|---|---|---|---|---|---|---|---|
| 1 |  Kraken | USDT/USD | $0.9999 | 0.01% | $179.65M | 56.5% | 10out of 10, high trust |
| 2 |  Uniswap V4 (Ethereum) | USDT/USDS | $0.9996 | 0.60% | $138.54M | 43.5% | 2out of 10, low trust |
2 of the 2 Tether markets we track. Exchanges with a trust score of 7+ come first, then by 24h volume; share is of the combined volume of all 2. See our guide to buying Tether or all crypto exchanges.
Tether on decentralized exchanges
The deepest on-chain pools for Tether, by real liquidity.
| Pair | DEX | Chain | Liquidity | 24h Volume | 24h Trades |
|---|---|---|---|---|---|
| USDC/USDT | Curve | Ethereum | $128.1M | $4.77M | 121 |
| DAI/USDT | Curve | Ethereum | $126.94M | $3.17M | 91 |
| WETH/USDT | Uniswap v3 | Ethereum | $110.99M | $29.13M | 610 |
| USDS/USDT | Uniswap v4 | Ethereum | $50.01M | $108.26M | 1,326 |
| crvUSD/USDT | Curve | Ethereum | $47.07M | $3.33M | 246 |
| USDC/USDT | Uniswap v3 | Ethereum | $34.38M | $15.91M | 1,628 |
| WBTC/USDT | Uniswap v3 | Ethereum | $27.58M | $36.72M | 1,489 |
| WBTC/USDT | Uniswap v3 | Ethereum | $25.38M | $1.56M | 146 |
| USDC/USDT | PancakeSwap v3 | Ethereum | $17.61M | $264.37K | 133 |
| WETH/USDT | Uniswap v2 | Ethereum | $15.13M | $431.75K | 1,051 |
Tether price today
Tether (USDT) is priced at $0.9997. It is one of the ten largest cryptocurrencies, ranked #3 with a market cap of $183.82B. Trading is unusually active: $64.16B changed hands in the last day, over a quarter of its market value.
As a stablecoin, USDT is designed to hold a steady value, and it is trading within 0.03% of its $1 target.
There are about 183.87B USDT in circulation, and no maximum supply is listed.
What is Tether?
Tether (USDT) is the largest stablecoin in the world, designed to hold a steady value of one US dollar. It was launched in 2014 and is issued by Tether Limited, a company connected to the Bitfinex exchange. Each USDT is meant to be backed by reserves held by the issuer, mostly short-term US Treasury bills, cash equivalents and smaller amounts of other assets such as gold and bitcoin.
USDT is the most traded cryptocurrency by daily volume. Traders use it to move in and out of positions without converting back to a bank account, and it is the main quote currency on most centralized exchanges. It is also widely used for cross-border payments and savings in countries with high inflation or limited access to US dollars.
USDT exists on many blockchains, including Ethereum, TRON, Solana and several others, with TRON carrying a large share of transfers because of its low fees. Tether publishes regular reserve attestations, although its transparency has been questioned in the past, so it is worth understanding the issuer risk that comes with any centralized stablecoin.
USDT FAQ
What is the price of Tether today?
Tether is trading at $0.9997, +0.02% over the last 24 hours, with $64.16B in 24-hour trading volume.
What is Tether's market cap?
USDT has a market capitalization of $183.82B, ranking it #3 among cryptocurrencies. Market cap is the current price multiplied by the circulating supply.
How many USDT coins are there?
About 183.87B USDT are circulating. No maximum supply is listed.
Price history
- All-time high
- $1.32-24.4% · Jul 23, 2018
- All-time low
- $0.5725+74.6% · Mar 1, 2015
Learn more
Links
- Website
- tether.to
- Whitepaper
- Whitepaper
- Explorers
- etherscan.ioethplorer.iosolscan.io
- Community
- X / Twitter