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Tether

Tether is a type of digital crypto currency, utilising peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding Tether, create alerts, follow analysis and opinion and get real time market data.

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1 USDT =

$ 1.0001

-0.0000 -0.00%

21:29:41 - Real-time Data . ( Disclaimer )

Market Cap:

$67.52B

Circulating Supply:

USDT67.50B

Max Supply:

USDT0

Vol (24H):

$26.74B

Chg (7D):

+0.01%

Day's Range:

0.9999 - 1.0003

Investing.com Index

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Tether News

Binance’s $BUSD Sees Market Cap Plunge by $2 Billion as Tether’s Market Share Rises

Binance’s $BUSD Sees Market Cap Plunge by $2 Billion as Tether’s Market Share... CryptoGlobeCryptocurrency News

The stablecoin of leading cryptocurrency exchange Binance, $BUSD, has seen its market capitalization plunge by $2 billion after...

BudBlockz’s features move it ahead of bitcoin, ethereum, and tether

BudBlockz’s features move it ahead of bitcoin, ethereum, and...

Tether Overpowers Visa and Mastercard Concerning Settlement Volume

Cryptocurrency News Tether Overpowers Visa and Mastercard Concerning Settlement...

Crypto Banks Are Most In Debt To Themselves – Why?

Cryptocurrency News Crypto Banks Are Most In Debt To Themselves – Why?

Crypto.com To Delist Tether in Accordance With Canada’s Regulation

Cryptocurrency News Crypto.com To Delist Tether in Accordance With Canada’s...

Tether Opinion & Analysis

Japan To End Ban on Tether and USDC Stablecoins in 2023

Japan To End Ban on Tether and USDC Stablecoins in 2023

By KryptoMoney - Dec 26, 2022

The Japanese government approved a measure in June recognizing...

Tether Co-Founder Interrogated About Lack of Disclosure

Tether Co-Founder Interrogated About Lack of Disclosure

By KryptoMoney - Dec 02, 2022

Andrew Ross Sorkin of CNBC’s Squawk Box recently pressed Tether...

Barani Krishnan/Investing.com

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This article was written exclusively for Investing.comSugar...

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thendo shadrack Nov 03, 2022 7:05

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bullish will win

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Mark Harrods Sep 26, 2022 18:29

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Tether is a better alternative as a way of paying and not for trading because its profit margin are either stagnant or fixed to the fiat Dollar, if you’ve invested and can’t seem to withdraw your funds, go to skpgroup tech

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Stanton Revaldo Mar 15, 2022 18:23

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bullish will win with100%

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Phetogo Andrew Jul 22, 2021 11:16

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bullish will win

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Leading Cryptocurrencies

Bitcoin $23,037.9 BTC -0.66%
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USD Coin $0.9998 USDC -0.00%
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FAQ

What is Tether?
Tether is an offering from Hong Kong-based tech company Tether Holdings. Tether or USDT was created to address the volatility concerns which currently plague the crypto industry. Given this, Tether is backed by fiat and is a stablecoin that aims to track the value of the US dollar. By extension, it aims to make crypto valuation stable. Tether serves as the first digital asset used by most crypto investors in interfacing with the crypto space.
How to buy Tether
Tether can be bought from most crypto exchanges in the blockchain ecosystem. Many crypto investors use it as a payment rail to buy other cryptocurrencies, making it highly popular. Exchanges like Binance, Huobi Global, Coinbase, Gate.io, Kucoin, and several others offer Tether purchases. Tether is the easiest cryptocurrency to lay your hands on.
How does Tether work?
Tether tracks the price movement of the US dollar, and since the coin is a stablecoin, Tether cannot be lower or higher than $1 with some little variation. This is why every Tether coin in circulation must be duly backed by a commensurate amount of physical cash or appropriate financial instrument.
How to mine Tether
Although Tether is a digital currency like Bitcoin, it cannot be mined as it is inherently pegged to the US greenback. Mining Tether would go against the reason why this cryptocurrency was created. The only way to get more Tether coins is to buy them.
How does Tether make money?
How does Tether make money? Tether doesn't make money; on the contrary, it loses money because it is tied to a real-world asset. Nonetheless, it serves as a lubricant for the fast-evolving crypto market.
Why has Tether coin caused so much controversy?
Tether coin has been involved in controversy over accusations that it has not been transparent with its reserves. The stablecoin company was required to post the quarterly records of its fiat reserve currencies after a lawsuit filed by the New York Attorney General (NYAG) office. The company recently posted its records and showed that only 10% of the more than $69 billion-worth of Tether coins are backed with real cash and similar financial instruments. This record has drawn the ire of regulators and critics who allege that the stablecoin is printing money. The firm was recently embroiled in financial misappropriation with crypto exchange BitFinex which saw it slammed with an $18 million fine.