Tether Rank 3
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66,081,540,012 USDT

Tether
Tether
USDT

Tether Price
$ 0.9991

Tether 24h Vol
$27,414,737,661

Tether Market Cap
$66,021,435,166

24h Vol
1,433,834 BTC
1 H
0 %
24 H
0.01 %
7 d
-0.04 %
Today Tether price in US dollars is currently 0.9991 USD, and if converted to Bitcoin is 0.00005225 BTC. A total of 66,081,540,012 USDT are currently circulating in the Market. Tether price is currently experiencing a change of 0.01 %, and check here all cryptocurrency. Over the past 24 hours 274.147 M US dollars Tether have been traded on Crypto Exchanges. Get Tether's progress by adding it to your favourites and creating a free portfolio.
Full Name
Tether
Symbol
USDT
Algorithm
N/A
BTC Price
0.00005225 BTC
BTC Market
3,453,026 BTC
BTC 24h Vol
1,433,834 BTC
Total Coins Mined
66,081,540,012 USDT
1h
0 %
24h
0.01 %
7d
-0.04 %
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Description

Description


USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency.

USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process.

In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.