Tether
USDT#3 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
What it is for
Tether
A stable digital dollar
190 coins tagged Stablecoins, worth $306.23B together. Bigger circle, bigger coin. Order is size only.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,229,567,126. This coin is 60% of that.
Fiat-backed Stablecoin 87 coins, together worth $290.47B. Sorted by size.
The average coin in this group is worth $1.24B. This coin is worth 147 times that average.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Tether | $183,405,985,455 | +0.0% | – | no record |
| USDC | $74,184,999,056 | +0.0% | – | none dated |
| USDS | $9,806,205,508 | −0.0% | – | no record |
| Dai | $4,576,303,631 | −0.0% | – | no record |
| Ethena USDe | $4,529,404,071 | −0.0% | – | no record |
| Global Dollar | $3,305,657,040 | −0.0% | – | none dated |
| PayPal USD | $2,805,787,322 | +0.0% | – | no record |
USD Stablecoin 102 coins, together worth $301.55B. Sorted by size.
The average coin in this group is worth $1.17B. This coin is worth 157 times that average.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Tether | $183,405,985,455 | +0.0% | – | no record |
| USDC | $74,184,999,056 | +0.0% | – | none dated |
| USDS | $9,806,205,508 | −0.0% | – | no record |
| Dai | $4,576,303,631 | −0.0% | – | no record |
| Ethena USDe | $4,529,404,071 | −0.0% | – | no record |
| USD1 | $4,277,656,425 | +0.0% | – | no record |
| Global Dollar | $3,305,657,040 | −0.0% | – | none dated |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Roadmap and delivery
Tether
No record yet, so nothing to draw.
What is coming
Tether
No record yet.
Price and size
Tether
The last 7 days
Where today sits against its highest ever price
Highest ever: $1.32 on 23 July 2018. Today is 76% of that.
$0.9997 +0.0% today
7 days +0.0%. Market cap $183,405,985,455, #3 of all coins. Its all-time high was $1.32 on 23 July 2018, so it is −24.4% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Tether is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9997, #3 of all coins by size, 24% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Who holds the supply
Tether
97%
of all USDT that will ever exist is already out in public hands: 183.46B coins.
3% (5.47B coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
- 183.46Bin circulation of 188.93B total. No hard maximum is set, so more can be created.
- of its all-time high of $1.32 on 23 July 2018. That is −24.4% from the top.
- #3by market cap, $183,405,985,455.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
183.46B in public hands, 97% of all that exists.
5.47B (3%) is either not yet created or held by the project. That is a small share, and it can reach the market later.
Supply figures from CoinGecko; who exactly holds the rest is not something this site reads from the chain yet.
$0.9997 +0.0% today
7 days +0.0%. Market cap $183,405,985,455, #3 of all coins. Its all-time high was $1.32 on 23 July 2018, so it is −24.4% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Tether is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9997, #3 of all coins by size, 24% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Competitors
Tether
Fiat-backed Stablecoin: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Tether$183.41Bthis coin+0.0%no maxno record
USDC$74.18B2.5× smaller, −$109.22B+0.0%, gap +0.0no maxnone dated
USDS$9.81B18.7× smaller, −$173.6B−0.0%, gap −0.0no maxno record
Dai$4.58B40.1× smaller, −$178.83B−0.0%, gap −0.0no maxno record
Ethena USDe$4.53B40.5× smaller, −$178.88B−0.0%, gap −0.0no maxno record
Global Dollar$3.31B55.5× smaller, −$180.1B−0.0%, gap −0.0no maxnone dated
PayPal USD$2.81B65.4× smaller, −$180.6B+0.0%, gap −0.0no maxno record
Ripple USD$2.4B76.3× smaller, −$181B−0.0%, gap −0.0no maxno record
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
Fiat-backed Stablecoin 87 coins, together worth $290.47B. Sorted by size.
The average coin in this group is worth $1.24B. This coin is worth 147 times that average.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Tether | $183,405,985,455 | +0.0% | – | no record |
| USDC | $74,184,999,056 | +0.0% | – | none dated |
| USDS | $9,806,205,508 | −0.0% | – | no record |
| Dai | $4,576,303,631 | −0.0% | – | no record |
| Ethena USDe | $4,529,404,071 | −0.0% | – | no record |
| Global Dollar | $3,305,657,040 | −0.0% | – | none dated |
| PayPal USD | $2,805,787,322 | +0.0% | – | no record |
USD Stablecoin 102 coins, together worth $301.55B. Sorted by size.
The average coin in this group is worth $1.17B. This coin is worth 157 times that average.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Tether | $183,405,985,455 | +0.0% | – | no record |
| USDC | $74,184,999,056 | +0.0% | – | none dated |
| USDS | $9,806,205,508 | −0.0% | – | no record |
| Dai | $4,576,303,631 | −0.0% | – | no record |
| Ethena USDe | $4,529,404,071 | −0.0% | – | no record |
| USD1 | $4,277,656,425 | +0.0% | – | no record |
| Global Dollar | $3,305,657,040 | −0.0% | – | none dated |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
A stable digital dollar
190 coins tagged Stablecoins, worth $306.23B together. Bigger circle, bigger coin. Order is size only.
In the news
Tether
Headlines per day, last 30 days
123 headlines named this coin in the last month.
What they were about
- Stablecoin15
- Upgrade12
- Treasury7
- Price7
- Banks5
- Hack4
- Government3
- Lawsuit3
Tether is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9997, #3 of all coins by size, 24% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
- Bifrost's BFC Token Debuts on Upbit With Korean Won and USDT Pairs
- Uniswap launches ‘StablePair Hook’ to help LPs capture more stablecoin trading valueUpcoming
- Paolo Ardoino says 650 million people decentralized US debt, but Tether still controls the T-bills
- Upbit lists BFC in KRW and USDT markets
- Tether Freezes About $39.3M USDT Across 10 TRON Addresses Linked to Xinbi Guarantee
- Tether is pushing USDT into a cracking $3 trillion Wall Street debt machine as defaults hit five-year highs at major funds
- Treasury Sanctions a $24 Billion Scam Marketplace as It Flees Tether for a Rival StablecoinGovernment
- Iran uses Bitcoin and Tether to bypass sanctions, moving $10B in crypto in 2025.Government
- Consensys Splits Into MetaMask and Institutional Blockchain Company, Joe Lubin Leads: how 13 outlets framed it
- Germany’s Finance Ministry Drafts 25% Crypto Gains Tax From 2027 With Solidarity Surcharge: 10 outlets comparedGovernment
- Tether: Launches $400M Credit Fund with FasanaraUpcoming
- Tether and Fasanara seed $400M stablecoin private credit fund for global SMEs
- How Tether's $45 million crackdown drove Southeast Asian scam compounds into an 'unfreezable' decentralized stablecoin
- Tether pushes into private credit with $400 million fund with Fasanara
- Tether launches private credit fund in effort to boost stablecoin useUpcoming
- Tether pushes into private credit with $400 million fund with FasanaraUpcoming
- Tether pushes into private credit with $400 million fund with Fasanara
- Iran Is Settling Trade in Bitcoin and Tether to Dodge US SanctionsGovernment
- Tether, Fasanara launch $400M private credit fund targeting $3BUpcoming
- Iran makes a major crypto move as U.S. pressure hits its economy
- Iran Is Using Tether to Bypass Sanctions: Crypto’s Biggest Real-World Use Case Just Got DarkerGovernment
- "The blockade has holes." Iran is using cryptocurrency to circumvent sanctionsGovernment
- Tether, Fasanara launch $400 million fund for stablecoin-enabled private credit
- Tether Freezes $39M in USDT, Stablecoin’s Centralized Control Exposed
- Tether and Fasanara launch $3B StableFund to bo...
- Iran Loosens Forex Rules to Let Exporters Settle Trade in Bitcoin and Tether
- Crypto News: Iran Turns to Bitcoin and USDT Under U.S. SanctionsGovernment
- Iran uses Bitcoin and Tether to bypass sanctions and ease trade amid economic isolationGovernment
- Iran Eases Currency Rules as Bitcoin, USDT Gain Role in Cross-Border Trade: Report
- Tether freezes $39.3M in USDT linked to Xinbi G...
- Iran Eases Currency Rules to Boost Crypto Trade Amid US SanctionsGovernment
- Tether CEO unveils decentralized P2P search engine
- Tether Freezes $39.3M USDT Tied to Xinbi Guarantee
- Tether Freezes $344M in USDT After US Authorities Flag Two Wallets
- Iran Crypto Trade Sanctions Shape New Forex RulesGovernment
- Iran Eases Currency Rules to Boost Crypto Trade Amid US SanctionsGovernment
- Tether launches $400M private credit fundUpcoming
- Tether freezes $39.3M USDT linked to Xinbi Guarantee
- US Treasury's Office Targeting Iran's Sanctions Evasion Through Bitcoin and USDTGovernment
- Who Regulates Tether (USDT)? Understanding USDT’s Regulatory OversightGovernment
123 headlines in the last month.
Headlines are the publishers' own. News is never placed next to price.
What holding it gets you
Tether
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,229,567,126. This coin is 60% of that.
Where it trades, by how much changes hands each day
- Binance$3.39B a day, USDC/USDT
- Gate$536.64M a day, BTC/USDT
- Bybit$536.57M a day, BTC/USDT
- Bitfinex$495.09M a day, USDT/USD
- HTX$441.41M a day, BTC/USDT
- OKX$406.79M a day, BTC/USDT
- KuCoin$356.54M a day, BTC/USDT
- Kraken$353.32M a day, USDT/USD
Largest venues by reported volume, from CoinGecko. Plain links, no referral.
Worth a look?
Tether
0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Tether is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9997, #3 of all coins by size, 24% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
It passes 0 of the four tests.
The three tests: a real-world purpose, real backing, something dated ahead. Printed, never a verdict.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar.
Problem it says it solves: a stable digital dollar. 190 coins are working on it and together they are worth $306,229,567,126. This coin is 60% of that.
The record
Tether
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
Homepage as listed: https://tether.to/