CRYPTO · Stablecoins
Tether (USDT)
$0.9990 -0.02% 24h ₹94
TetherUSDT · Rank #3 · Trades 24×7Key numbers
- Market cap
- $175.71B
- Volume 24h
- $38.61B
- 24h high
- $0.9994
- 24h low
- $0.9989
- 1 hour
- +0.00%
- 7 days
- -0.03%
- 30 days
- -0.02%
- 1 year
- -0.09%
- Circulating supply
- 175,878,916,674 USDT
- Max supply
- No cap
- All-time high
- $1.32
- Below ATH
- -24.49%
- ATH date
- 23 Jul 2018
- Genesis
- —
About
What is Tether?
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve).
Description from CoinGecko.
Coin details
- Name
- Tether
- Symbol
- USDT
- Market cap rank
- #3
- Category
- Stablecoins, USD Stablecoin, Solana Ecosystem
- Runs on
- Ethereum
- Circulating supply
- 175,878,916,674 USDT
- Max supply
- No fixed cap
- Price in INR
- ₹93.76
- Tax in India
- 30% on gains + 1% TDS on sale
- Contract (Ethereum)
- 0xdac17f…831ec7
- Contract (Klay Token)
- 0xd077a4…3e4fdb
- Contract (Tezos)
- KT1XnTn7…vKWR8o
- Contract (Tron)
- TR7NHqje…gjLj6t
- Website
- tether.to
- X (Twitter)
- x.com/tether
News
Latest news
From Google News; each link opens the publisher's story.
Prices from CoinGecko. Crypto is unregulated in India and very risky; gains are taxed at 30% plus 1% TDS. Information only, not advice.