Tether (USDT) #3

Tether

USDT
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USDT USDT USDT USDT USDT USDT USDT USDT USDT

Price of Tether (USDT)

Price of 1 Tether today (28 July)
$ 0.9989

To purchase USDT for rubles, use USDT exchangers

Overview
Price
News
Where to Buy
Calculator
Competitors of USDT
tether.to
Contracts
Explorers
Market Cap
$ 183.9B
-1%
#3
Trading Volume, 24h
$ 44.1B
+22%
Dominance
7.7%
In circulation USDT
184,092,195,117
Price Min/Max
24 hrs
$ 0.9988
$ 0.99909
30 days
$ 0.9982
$ 0.99957
1 year
$ 0.9976
$ 1.008
ATH
$ 0.573
$ 1.32
-24% from ATH·+32% to ATH
USDT Sectors:
Tether belongs to the sectors:

Exchanges where USDT is traded

Exchange Pair Price Volume, 24h
1 Bybit 4.5 USDT/BRL
$ 1.001
R$ 5.1300 спред 0.01% 		$ 4,049,96911h ago Go
2 Upbit 4.0 USDT/KRW
$ 0.998
₩ 1,461.00 спред 0.07% 		$ 109,198,71311h ago Купить
3 Niza.io 3.5 USDT/USD
$ 0.99985
$ 0.9990 спред 0.01% 		$ 89,231,37312h ago Купить
4 Binance 5.0 USDT/BRL
$ 1.002
R$ 5.1020 спред 0.01% 		$ 83,686,6987d ago Go
5 Manifest 1.0 USDT/USDC
$ 0.9984
USDC 0.9992 спред 0.01% 		$ 54,391,35911h ago Купить
6 Coins.ph 4.0 USDT/PHP
$ 1
₱ 61.67 спред 0.02% 		$ 52,082,81911h ago Купить
7 DIFX 3.5 USDT/AUD
$ 1.001
A$ 1.4300 спред 11.33% 		$ 50,455,0292d ago Купить
8 Bullish 4.0 USDT/USDC
$ 0.9985
USDC 0.9992 спред 0.01% 		$ 43,308,5801d ago Купить
9 Bithumb 3.5 USDT/KRW
$ 0.9906
₩ 1,456.00 спред 0.07% 		$ 40,653,51821h ago Купить
10 Bitfinex 3.5 USDT/USD
$ 1.001
$ 1.0002 спред 0.1% 		$ 39,075,00211h ago Купить
Show All ➙

Today Tether (USDT) is traded on 150 exchanges, including Binance, Niza Global, Upbit, Manifest and others. The maximum trading volume is observed for the trading pair USDT/USD and reaches 191.5 mln. dollars (18% of the total volume across all exchanges). During the week, the minimum price for Tether (USDT) is fixed on Tuesday at 0.9989 cents. Currently, the token Tether is trading in the range of 99.89 cents or 78.47 rubles for 1 USDT.

Calculator USDT

USDT
USDT

1 USDT = 0.9989 USD

Full version

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). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex)

The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that.

USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.

How to add Tether to Metamask?

To add USDT to the metamask you need:

  1. In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
  2. Copy the smart contract address for Tether from the list below.
  3. Paste into the "Smart Contract Address" field.
  4. Click the "Add Custom Token" button.

The USDT is available on the 11 blockchain networks. Below is a list of Tether smartcontract addresses to add to the metamask:

  • Ethereum - 0xdac17f958d2ee523a2206206994597c13d831ec7
  • Kaia - 0xd077a400968890eacc75cdc901f0356c943e4fdb
  • Tezos - KT1XnTn74bUtxHfDtBmm2bGZAQfhPbvKWR8o
  • TRON - TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t
  • Solana - Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB
  • Near Protocol - usdt.tether-token.near
  • Kava - 0x919c1c267bc06a7039e03fcc2ef738525769109c
  • Celo - 0x48065fbbe25f71c9282ddf5e1cd6d6a887483d5e
  • TON - EQCxE6mUtQJKFnGfaROTKOt1lZbDiiX1kCixRv7Nw2Id_sDs
  • Aptos - 0x357b0b74bc833e95a115ad22604854d6b0fca151cecd94111770e5d6ffc9dc2b
  • Avalanche - 0x9702230a8ea53601f5cd2dc00fdbc13d4df4a8c7

Official websites and links for Tether

There are currently about 3 official links to Tether websites and social media:

Vladislav Ch
Aptos Tokens Apr 21, 2021 upd. 12 Mar
1458 67

Tether

USDT (Tether) is the largest stablecoin by market capitalization, used to provide liquidity in the cryptocurrency sector. It is backed by reserves from the issuer Tether Limited, but the issue of its transparency remains a topic of debate.

Key Metrics:

  • Market Capitalization: $100+ billion
  • Stablecoin Market Share: ~70%
  • Trading Volume (24h): $50-100 billion
  • Peg: 1 USDT = 1 USD
  • Issuer: Tether Limited

USDT plays a critically important role in the crypto market, acting as a liquid instrument for trading, hedging, and capital movement.

Financial Reserves and Backing

Tether claims that every USDT is backed by reserves. However, the structure of these reserves has changed over the years.

Reserve Structure (according to Tether's latest report)

  • Short-term U.S. Treasury Bonds: ~80%
  • Cash and Deposits: ~10%
  • Other Assets (loans, corporate bonds, crypto assets): ~10%

Tether asserts that its assets exceed its liabilities, but real audits have not been conducted. The company publishes attestations from accounting firms, but these are not full audits.

Risks of Reserves:

  • The presence of credit assets creates potential liquidity issues.
  • The lack of clear regulatory oversight raises doubts about the reliability of reporting.
  • Reporting is confirmed by affiliated firms, which raises questions about the independence of audits.

Legal Status and Regulation

Tether Limited is registered in the British Virgin Islands, giving the company flexibility in asset management but reducing regulatory oversight.

Major Legal Disputes

  • 2021: The CFTC fined Tether $41 million for false statements regarding the full backing of USDT by cash.
  • 2023: The U.S. Department of Justice investigated possible manipulation by Tether in banking operations.
  • 2024: European and Asian regulators intensified scrutiny of USDT's use in money laundering.

Tether has repeatedly stated its willingness to cooperate with authorities, but has not obtained a banking license in the U.S., unlike its competitor USDC (Circle).

The Role of USDT in the Crypto Industry

USDT remains the most liquid and widely used stablecoin, despite regulatory risks.

Main Use Cases

  • Cryptocurrency Exchanges: USDT accounts for up to 70% of trading pairs on centralized platforms.
  • Decentralized Finance (DeFi): used in lending, farming, and liquidity.
  • Transfers and Settlements: low fees make USDT popular in countries with volatile economies.

Despite its dominant position, the demand for more transparent alternatives (such as USDC and DAI) is growing.

Investor Risks

Main Threats

  • Liquidity Risk: during a crisis, there may be delays in redeeming USDT for fiat.
  • Regulatory Pressure: bans and investigations could lead to blocking or sanctions against the issuer.
  • Transparency: the lack of an audit makes it difficult to assess the real value of backing.
  • Competition: stable alternatives (USDC, PYUSD) could displace USDT from the market.

Conclusion

USDT remains a key element of the crypto industry, but its transparency and reliability are in question. Investors should consider regulatory and liquidity risks and look into more transparent alternatives for long-term capital storage.

2
Position in the «Stablecoins» sector
of 100 coins
# Coin Price 24ч 7d Cap.
1 USDC 0.99985 $ 0.00% 0.00% 72.4 bln. $
2 USDT 0.9989 $ -0.01% -0.04% 183.9 bln. $
3 USDS 0.9999 $ +0.00% +0.00% 10.0 bln. $
4 DAI 0.99986 $ +0.01% +0.01% 4.6 bln. $
5 USD1 0.9987 $ -0.03% -0.03% 4.1 bln. $
6 USDE 0.99979 $ 0.00% +0.00% 3.9 bln. $
7 USDG 0.99981 $ -0.04% -0.13% 3.3 bln. $
8 PYUSD 0.999947 $ +0.02% +0.02% 2.7 bln. $
9 RLUSD 1 $ -0.01% -0.04% 1.6 bln. $
10 USDD 0.9989 $ -0.01% -0.05% 1.6 bln. $
Show entire sector →
1
Position in the «Solana Tokens» sector
of 100 coins
# Coin Price 24ч 7d Cap.
1 USDT 0.9989 $ -0.01% -0.04% 183.9 bln. $
2 USDC 0.99985 $ 0.00% 0.00% 72.4 bln. $
3 SOL 73.12 $ -4.29% -6.03% 42.6 bln. $
4 USDS 0.9999 $ +0.00% +0.00% 10.0 bln. $
5 WBTC 63,302 $ -2.97% -4.15% 7.4 bln. $
6 LINK 8.3 $ -5.50% -4.10% 6.2 bln. $
7 CBBTC 63,285 $ -2.88% -4.26% 6.1 bln. $
8 USD1 0.9987 $ -0.03% -0.03% 4.1 bln. $
9 USDE 0.99979 $ 0.00% +0.00% 3.9 bln. $
10 USDG 0.99981 $ -0.04% -0.13% 3.3 bln. $
Show entire sector →
2
Position in the «Ethereum Tokens» sector
of 100 coins
# Coin Price 24ч 7d Cap.
1 ETH 1,873.66 $ -4.53% -3.01% 226.2 bln. $
2 USDT 0.9989 $ -0.01% -0.04% 183.9 bln. $
3 BNB 564.94 $ -1.17% -1.09% 75.2 bln. $
4 USDC 0.99985 $ 0.00% 0.00% 72.4 bln. $
5 STETH 1,873.56 $ -4.57% -3.00% 17.5 bln. $
6 USDS 0.9999 $ +0.00% +0.00% 10.0 bln. $
7 LEO 9.75 $ +0.39% +0.26% 9.0 bln. $
8 WSTETH 2,322.52 $ -4.53% -3.00% 8.5 bln. $
9 WBTC 63,302 $ -2.97% -4.15% 7.4 bln. $
10 WBETH 2,065.39 $ -4.56% -2.88% 7.0 bln. $
Show entire sector →
1
Position in the «Avalanche Tokens» sector
of 95 coins
# Coin Price 24ч 7d Cap.
1 USDT 0.9989 $ -0.01% -0.04% 183.9 bln. $
2 USDC 0.99985 $ 0.00% 0.00% 72.4 bln. $
3 WBTC 63,302 $ -2.97% -4.15% 7.4 bln. $
4 LINK 8.3 $ -5.50% -4.10% 6.2 bln. $
5 AWETH 1,872.67 $ -4.62% -3.07% 4.4 bln. $
6 USDE 0.99979 $ 0.00% +0.00% 3.9 bln. $
7 WEETH 2,061.42 $ -4.54% -2.99% 3.5 bln. $
8 AVAX 6.44 $ -2.65% -1.83% 2.8 bln. $
9 UNI 3.75 $ -4.14% -0.13% 2.3 bln. $
10 AAVE 96.85 $ -4.15% -0.05% 1.5 bln. $
Show entire sector →
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