USDT Live Market Data
Current Tether (USDT) Price: $1.00
24-Hour Trading Volume: $24.9 billion
Price Change (24h): 0%
Circulating Supply: 158.42 billion USDT
Total Supply: 160.82 billion
Market Capitalization: $158.44 billion
👉 Track real-time USDT price movements across multiple exchanges with live charts.
What Is Tether (USDT)?
USDT is a USD-pegged stablecoin issued by Tether Limited, where 1 USDT = 1 USD. It operates on a 1:1 reserve model, meaning each USDT in circulation is backed by $1 held in Tether's reserves. Users can verify funds through regular audits published by Tether.
Key Features of USDT
- Price Stability: Minimizes volatility compared to other cryptocurrencies.
- Transparency: Regular attestations confirm reserve backing.
- Cross-Chain Availability: Issued across 20+ blockchains including Ethereum, Tron, and Solana.
- Low-Fee Transfers: Inter-wallet transactions incur minimal costs.
How Does USDT Work?
- Minting: Users deposit USD to Tether's reserves to receive newly issued USDT.
- Redemption: USDT holders exchange tokens for USD at 1:1 ratio (after verification).
Multi-Blockchain Support: USDT exists as:
- ERC-20 (Ethereum)
- TRC-20 (Tron)
- SPL (Solana)
- And other standardized token formats
USDT Use Cases
Trading Hedge
Convert volatile crypto assets to USDT during market downturns to preserve value.
Cross-Exchange Arbitrage
Exploit price differences between exchanges using USDT's stable pricing.
Remittances
Send value globally with faster settlement times than traditional banking.
USDT Risks to Consider
- Centralization Risk: Tether controls minting/redemption.
- Counterparty Risk: Dependent on Tether's solvency.
- Regulatory Scrutiny: Ongoing oversight of reserve practices.
USDT Blockchain Explorers
| Blockchain | Explorer Link |
|---|---|
| Ethereum | Etherscan |
| BNB Smart Chain | BscScan |
| Tron | Tronscan |
👉 Compare USDT rates across 50+ trading platforms with liquidity depth indicators.
FAQ About Tether (USDT)
Is USDT safer than other stablecoins?
While larger market share provides liquidity advantages, all stablecoins carry inherent centralization risks. Diversification across multiple stablecoins may reduce exposure.
How do I verify Tether's reserves?
Check quarterly attestation reports published at Tether's Transparency Page.
Can USDT lose its peg?
Temporary deviations occur during extreme market conditions, but arbitrage mechanisms typically restore the peg quickly.
What's the difference between USDT-ERC20 vs USDT-TRC20?
Same value, different networks. ERC-20 uses Ethereum's higher-fee network, while TRC-20 operates on Tron's lower-cost system. Choose based on your transaction needs.
USDT Social Channels
- Twitter: @Tether_to
- Reddit: r/Tether
- Transparency Reports: Tether Official