Tether Price Prediction 2022 2023 2025 2030 2040 Long Term

Tether USDt
$ 0.999831
0.00001434 BTC
$ 111,345,359,960
Volume (24h)
$ 91,874,169,064
Circulating Supply
111,364,216,399 USDT
Total Supply

Tether USDt is currently priced at $ 0.999831 and has a market capitalization of $ 111,345,359,960. Its price change in the last 24 hours is -0.01%. Tether USDt is currently ranked at number 3 out of all cryptocurrencies in market capitalization.

What is Tether USDt?

Tether is a tocken issued by Tether Limited company which belongs to the Bitfinex trading platform. It was built on top of Omni Layer digital currency protocol, which works on the Bitcoin blockchain.

The main purpose of this token is to provide stability to traders and members of cryptocurrency market, because Tether is claimed to be backed by US dollars on Tether Ltd bank accounts, so its price is not as volatile as prices of other cryptocurrencies. However, that remains yet to be proven and is is the reason why the U.S. Commodity Futures Trading Commission issued subpoenas to both Tether and Bitfinex. Also Tether Ltd underlines that the Tether token is not a financial instrument, and the owners of Tethers have no rights for legal claims or guarantees against losses.

Nevertheless, tether is a very popular token and is used by a number of exchanges (mostly the crypto to crypto only ones) as their main stablecoin. The amount of Tethers grew up to $2.8 billion. During summer 2018 around 80% of Bitcoin volume was traded in Tethers.

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* Currency in USD
Historical Price for Tether USDt

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