Cryptocurrencies: 23154
Markets: 85250
Market Cap: $2,156,322,579,272     
24h Vol: $35,189,381,275
1 Tether (USDT) Rank 3
$0.999918
Tether (USDT) Rank 3
Website Twitter
119,677,344,822 USDT

Tether (USDT)

Tether (USDT)

USDT

Tether (USDT) Price
$1.00

Tether (USDT) 24h Vol
$26,272,530,799

Tether (USDT) Market Cap
$119,667,588,627

Tether (USDT) Circulating
119,677,344,822

Full Name
Tether (USDT)
Symbol
USDT
Algorithm
BTC Price
0.00001612 BTC
BTC Market
1,929,343 BTC
BTC 24h Vol
423,579 BTC
Total Coins Mined
119,677,344,822 USDT
1h
-0.02 %
24h
-0.01 %
7d
-0.02 %
Charts

Tether (USDT)

Description

USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency.

USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process.

In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.

Full Name Tether (USDT)
Start Date 2014-10-06
Algorithm N/A
Proof Type N/A
Website tether.to/
Twitter @Tether_to
Facebook www.facebook.com/tether.to/
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 119,677,344,822 USDT
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Tether (USDT) News
Tether Reports Significant User Growth for USDT Stablecoin

Tether Reports Significant User Growth for USDT Stablecoin

Tether's USDT user count reached 330 million in Q3 2024. The last quarter saw a record increase of 36.25 million new users. Continue Reading:Tether Reports Significant User Growth for USDT Stablecoin The post Tether Reports Significant User Growth for USDT Stablecoin appeared first on COINTURK NEWS.

access time image 10-16-2024 13:34

Tether Plans to Lend Billions from Its Massive Reserves

Tether Plans to Lend Billions from Its Massive Reserves

Tether is looking to lend billions from its large reserves. The company may provide loans to commodity trading firms. Continue Reading:Tether Plans to Lend Billions from Its Massive Reserves The post Tether Plans to Lend Billions from Its Massive Reserves appeared first on COINTURK NEWS.

access time image 10-14-2024 16:02

Ethena’s ENA Cryptocurrency Surges as USDe Stablecoin Competes with Tether

Ethena’s ENA Cryptocurrency Surges as USDe Stablecoin Competes with Tether

Ethena's ENA cryptocurrency surged due to the competitive USDe stablecoin. USDe provides attractive yields and is gaining market traction. Continue Reading:Ethena’s ENA Cryptocurrency Surges as USDe Stablecoin Competes with Tether The post Ethena’s ENA Cryptocurrency Surges as USDe Stablecoin Competes with Tether appeared first on COINTURK NEWS.

access time image 10-12-2024 20:32

Tether Celebrates Its 10th Year of Stability in the Cryptocurrency Market

Tether Celebrates Its 10th Year of Stability in the Cryptocurrency Market

Tether celebrates ten years as a stablecoin in the cryptocurrency market. The platform enhances financial inclusion with millions of users worldwide. Continue Reading:Tether Celebrates Its 10th Year of Stability in the Cryptocurrency Market The post Tether Celebrates Its 10th Year of Stability in the Cryptocurrency Market appeared first on COINTURK NEWS.

access time image 10-07-2024 11:31

Bitcoin Price Correction May End Soon as Tether Issues $1 Billion USDT

Bitcoin Price Correction May End Soon as Tether Issues $1 Billion USDT

Bitcoin's price correction may soon conclude and trigger a rally. Tether's USDT issuance and Fed's rate decision are key market influences. Continue Reading:Bitcoin Price Correction May End Soon as Tether Issues $1 Billion USDT The post Bitcoin Price Correction May End Soon as Tether Issues $1 Billion USDT appeared first on COINTURK NEWS.

access time image 09-16-2024 14:36

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