Tether Rank 5
$1.001945
Tether Rank 5
Website Twitter
4,642,367,414 USDT

Tether
Tether
USDT

Tether Price
$1.00

Tether 24h Vol
$47,236,817,474

Tether Market Cap
$4,651,395,432

24h Vol
5,442,324 BTC
1 H
-0.25 %
24 H
0.01 %
7 d
0.08 %
Today Tether price in US dollars is currently 1.00 USD, and if converted to Bitcoin is 0.00011544 BTC. A total of 535,904 coin's are currently circulating in the Market. Tether prices are currently experiencing a change of 0.01 %, check all cryptocurrency. Over the past 24 hours 472.368 M US dollars Tether has been traded on Crypto Exchanges. Get Tether's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Tether
Symbol
USDT
Algorithm
BTC Price
0.00011544 BTC
BTC Market
535,904 BTC
BTC 24h Vol
5,442,324 BTC
Total Coins Mined
4,642,367,414 USDT
1h
-0.25 %
24h
0.01 %
7d
0.08 %
Twitter
Facebook
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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.


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