Tether PRICE USDT

Tether (USDT) $1.00 USD (0.00%)

Market cap

$3,031,566,090

Volume (24H)

$81,076,318

Circulating supply

3,031,566,090

Max supply

0

Tether (USDT) is a stablecoin which means that its value is pegged to that of the US dollar, meaning that one USDT should always cost $1. They ensure its value always remains constant by holding dollar reserves in bank accounts that are redeemed when new Tethers are issued. USDT has become controversial due to the company’s failure to provide an audit proving their coin is indeed backed by US dollars.Tether is the largest stablecoin by market cap and as such is available on many exchanges.

Coinbase, for example, is a leading exchnge that offers the buying and selling of USDT. Other exchanges include Kraken, Bitfinex and Liqui. Additionally, the coin’s popularity means that there are also several wallets that provide support for the token. Tether have deceloped their own wallet called Tether Wallet. Coinomi is also a popular choice. Other wallets include MyEtherWallet and Omni. USDT also has the option of being exchanged for Paypal USD. CyberBTC is one exchnage that offers that service.

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