Tether price today (USDT to USD)
Live price, market cap and 24-hour range, updated every minute
- 24h high
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- 24h low
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- Market cap
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- 24h trading volume
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- Market cap rank
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- Circulating supply
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- All-time high
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- All-time high date
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- From all-time high
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Tether (USDT) is the largest stablecoin: a token designed to always be worth $1, issued by the company Tether. It's used mostly for trading and for moving dollars across borders, and runs on many blockchains, especially Tron and Ethereum. Full Tether fact sheet →
What moves the Tether price
Tether is a stablecoin, so its price is designed to stay very close to $1. Small moves above or below $1 come from supply and demand on exchanges. A large, lasting move away from $1 (a "depeg") is a warning sign about its reserves or redemptions. See what is a stablecoin.
What the numbers mean
- Price is the latest traded price in US dollars, averaged across exchanges. The price on your exchange can differ a little, and buying usually costs more than the quoted price because of spreads and fees (see the true cost calculator).
- 24h change compares now with the price exactly 24 hours ago.
- Market cap is price × coins in circulation. It's a snapshot of size, not money invested (market cap explained).
- Volume is how much was traded in the last 24 hours across tracked exchanges.
- All-time high is the highest price ever recorded and how far today's price is from it.
Key facts
| Launched | 2014 (originally as "Realcoin") |
|---|---|
| Issued by | Tether Ltd. |
| Type | Dollar stablecoin, issued as a token on many blockchains |
| Supply | No fixed limit: coins are issued and redeemed as demand changes |
| Backing (company's reports) | Mostly US Treasury bills and cash equivalents, plus some gold, bitcoin and secured loans |
| Biggest networks | Tron and Ethereum |
Prices can fall fast and far, and crypto payments usually can't be reversed. Nobody can reliably tell you where the price goes next; be wary of anyone who claims to. Read how to research a crypto and common scams first.
Work with the price
Live price data by CoinGecko. Prices are for information only and may be delayed. Not financial advice.