1

Rank

Tether, USDT

$1.00 ( 0.01% )

Market Cap

$68 077 018 189

24 Hour Volume

$14 041 010 350

Available Supply

68 062 574 445

Tether / US Dollar Chart, USDT/USD ()


Open price: 0.0
High price: 0.0
Average price: 0.0
Close price: 0.0
Low price: 0.0
Change: 0.0%

#
Exchange
Pair
Volume
Volume (%)
1.
MEME/USDT
28 052 151 189 USD
56.69 %
2.
BTT/USDT
4 148 908 793 USD
8.38 %
3.
BTC/USDT
955 987 173 USD
1.93 %
4.
BTC/USDT
868 613 710 USD
1.76 %
5.
BUSD/USDT
848 181 574 USD
1.71 %
6.
BTT/USDT
830 675 222 USD
1.68 %
7.
BTC/USDT
768 330 309 USD
1.55 %
8.
BTT/USDT
730 328 908 USD
1.48 %
9.

AAX AAX

BTC/USDT
708 786 434 USD
1.43 %
10.
BTT/USDT
643 263 756 USD
1.30 %
11.
BTC/USDT
592 704 987 USD
1.20 %
12.
BTC/USDT
544 103 863 USD
1.10 %
13.
BTC/USDT
539 156 108 USD
1.09 %
14.
BTC/USDT
375 526 882 USD
0.76 %
15.

AAX AAX

ETH/USDT
349 456 414 USD
0.71 %
16.
BTC/USDT
331 316 177 USD
0.67 %
17.
BTT/USDT
303 753 356 USD
0.61 %
18.
BTT/USDT
286 620 202 USD
0.58 %
19.
XRP/USDT
270 083 854 USD
0.55 %
20.
BTC/USDT
237 817 141 USD
0.48 %
21.
BTT/USDT
236 647 360 USD
0.48 %
22.
BTC/USDT
212 273 624 USD
0.43 %
23.
BTC/USDT
205 145 039 USD
0.41 %
24.

AAX AAX

USDC/USDT
171 800 392 USD
0.35 %
25.
DOGE/USDT
159 817 880 USD
0.32 %
26.
ETH/USDT
150 554 470 USD
0.30 %
27.
BTC/USDT
146 594 235 USD
0.30 %
28.
ETH/USDT
143 116 466 USD
0.29 %
29.
ETH/USDT
139 914 011 USD
0.28 %
30.
ETH/USDT
134 656 455 USD
0.27 %
31.
ETH/USDT
123 678 615 USD
0.25 %
32.
BTC/USDT
122 845 945 USD
0.25 %
33.
ETH/USDT
117 448 786 USD
0.24 %
34.
ETH/USDT
114 057 700 USD
0.23 %
35.
USDC/USDT
112 634 876 USD
0.23 %
36.
ETH/USDT
105 705 869 USD
0.21 %
37.
BTT/USDT
101 425 322 USD
0.20 %
38.
ETH/USDT
96 764 847 USD
0.20 %
39.
BTC/USDT
95 779 070 USD
0.19 %
40.
BNB/USDT
84 594 322 USD
0.17 %
41.
XRP/USDT
71 994 633 USD
0.15 %
42.
ETH/USDT
69 123 477 USD
0.14 %
43.
SOL/USDT
64 591 016 USD
0.13 %
44.
XRP/USDT
63 539 439 USD
0.13 %
45.

FTX FTX

BTC/USDT
62 948 287 USD
0.13 %
46.
XRP/USDT
58 502 481 USD
0.12 %
47.
USDT/TRY
56 079 963 USD
0.11 %
48.
XRP/USDT
54 637 963 USD
0.11 %
49.
BUSD/USDT
52 763 084 USD
0.11 %
50.
MATIC/USDT
51 656 104 USD
0.10 %
51.

FTX FTX

USDT/USD
47 648 506 USD
0.10 %
52.
ETH/USDT
47 530 010 USD
0.10 %
53.
ETH/USDT
46 763 168 USD
0.09 %
54.
XRP/USDT
45 518 982 USD
0.09 %
55.
USDC/USDT
44 331 395 USD
0.09 %
56.
LINK/USDT
42 090 836 USD
0.09 %
57.

AAX AAX

BCH/USDT
41 403 837 USD
0.08 %
58.
ADA/USDT
37 017 825 USD
0.07 %
59.
XRP/USDT
36 283 488 USD
0.07 %
60.
DOGE/USDT
35 999 158 USD
0.07 %
61.
ETH/USDT
35 739 297 USD
0.07 %
62.
ETH/USDT
35 596 028 USD
0.07 %
63.

FTX FTX

ETH/USDT
35 541 440 USD
0.07 %
64.

AAX AAX

XRP/USDT
34 808 741 USD
0.07 %
65.
CHZ/USDT
34 332 056 USD
0.07 %
66.
XRP/USDT
33 425 401 USD
0.07 %
67.
XRP/USDT
32 040 515 USD
0.06 %
68.
BTC/USDT
31 925 830 USD
0.06 %
69.
ETH/USDT
31 606 917 USD
0.06 %
70.
BTC/USDT
31 211 394 USD
0.06 %
71.
DOGE/USDT
30 752 967 USD
0.06 %
72.
DOGE/USDT
30 046 730 USD
0.06 %
73.
ATOM/USDT
29 464 268 USD
0.06 %
74.
USDC/USDT
28 275 699 USD
0.06 %
75.
BTCST/USDT
27 585 484 USD
0.06 %
76.
DOT/USDT
27 560 908 USD
0.06 %
77.
EOS/USDT
27 145 103 USD
0.05 %
78.
WBTC/USDT
25 741 798 USD
0.05 %
79.
BTT/USDT
25 676 711 USD
0.05 %
80.
NEAR/USDT
25 167 462 USD
0.05 %
81.
XRP/USDT
25 144 183 USD
0.05 %
82.
EGLD/USDT
24 969 025 USD
0.05 %
83.
BTC/USDT
24 068 592 USD
0.05 %
84.
TRX/USDT
24 050 560 USD
0.05 %
85.
BTC/USDT
24 041 249 USD
0.05 %
86.
XRP/USDT
23 968 976 USD
0.05 %
87.
AVAX/USDT
23 709 478 USD
0.05 %
88.
BTC/USDT
22 618 258 USD
0.05 %
89.
DOGE/USDT
22 446 424 USD
0.05 %
90.
USDT/EUR
22 444 291 USD
0.05 %
91.
DOGE/USDT
22 059 713 USD
0.04 %
92.
XRP/USDT
21 974 259 USD
0.04 %
93.

AAX AAX

LTC/USDT
21 519 417 USD
0.04 %
94.
USDC/USDT
20 885 908 USD
0.04 %
95.
RSR/USDT
20 839 144 USD
0.04 %
96.
ETC/USDT
20 378 403 USD
0.04 %
97.
BTC/USDT
19 864 725 USD
0.04 %
98.
LTC/USDT
18 918 186 USD
0.04 %
99.
SAND/USDT
18 783 760 USD
0.04 %
100.
XRP/USDT
18 348 998 USD
0.04 %
101.
XRP/USDT
17 788 362 USD
0.04 %
102.
USDT/TRY
17 112 077 USD
0.03 %
103.
DEGO/USDT
16 522 006 USD
0.03 %
104.
XRP/USDT
16 360 921 USD
0.03 %
105.
BNB/USDT
15 774 649 USD
0.03 %
106.
HNT/USDT
15 617 924 USD
0.03 %
107.
BTT/USDT
15 528 777 USD
0.03 %
108.
BETH/USDT
15 238 069 USD
0.03 %
109.
FIL/USDT
14 913 543 USD
0.03 %
110.
CHZ/USDT
14 701 318 USD
0.03 %
111.
ATOM/USDT
14 658 648 USD
0.03 %
112.
ADA/USDT
13 738 939 USD
0.03 %
113.
BUSD/USDT
13 694 575 USD
0.03 %
114.
LTC/USDT
13 648 914 USD
0.03 %
115.
XLM/USDT
13 632 269 USD
0.03 %
116.
DOGE/USDT
13 620 703 USD
0.03 %
117.
LINK/USDT
13 142 947 USD
0.03 %
118.
DOGE/USDT
12 959 956 USD
0.03 %
119.
LIT/USDT
12 884 504 USD
0.03 %
120.
ATOM/USDT
12 801 980 USD
0.03 %
121.
BTC/USDT
12 193 455 USD
0.02 %
122.
SUSHI/USDT
12 037 321 USD
0.02 %
123.
SOL/USDT
12 030 378 USD
0.02 %
124.
UNI/USDT
12 012 048 USD
0.02 %
125.
FIL/USDT
11 815 311 USD
0.02 %
126.
ETH/USDT
11 379 206 USD
0.02 %
127.

AAX AAX

ETC/USDT
11 245 639 USD
0.02 %
128.
DOGE/USDT
11 223 905 USD
0.02 %
129.
LINK/USDT
11 199 957 USD
0.02 %
130.
ETH/USDT
10 960 795 USD
0.02 %
131.
BTC/USDT
10 920 861 USD
0.02 %
132.
USDT/BRL
10 826 074 USD
0.02 %
133.
ADA/USDT
10 775 919 USD
0.02 %
134.
FTM/USDT
10 642 739 USD
0.02 %
135.
ALGO/USDT
10 562 573 USD
0.02 %
136.
BTC/USDT
10 547 895 USD
0.02 %
137.
ETH/USDT
10 290 723 USD
0.02 %
138.
EOS/USDT
10 284 129 USD
0.02 %
139.
NEAR/USDT
10 266 318 USD
0.02 %
140.
FIL/USDT
10 006 230 USD
0.02 %
141.
BTC/USDT
9 806 448 USD
0.02 %
142.
XMR/USDT
9 735 048 USD
0.02 %
143.
MATIC/USDT
9 712 877 USD
0.02 %
144.
ETH/USDT
9 598 358 USD
0.02 %
145.
ADA/USDT
9 422 154 USD
0.02 %
146.
CRV/USDT
9 354 375 USD
0.02 %
147.
MATIC/USDT
9 318 817 USD
0.02 %
148.
USDT/THB
9 264 179 USD
0.02 %
149.
BTC/USDT
9 189 957 USD
0.02 %
150.
UNI/USDT
9 129 474 USD
0.02 %
151.
SAND/USDT
9 116 562 USD
0.02 %
152.
LINK/USDT
9 001 394 USD
0.02 %
153.
KAVA/USDT
8 752 825 USD
0.02 %
154.
ETC/USDT
8 749 282 USD
0.02 %
155.
LINK/USDT
8 721 777 USD
0.02 %
156.
ETH/USDT
8 660 433 USD
0.02 %
157.
BCH/USDT
8 503 500 USD
0.02 %
158.
LINA/USDT
8 478 891 USD
0.02 %
159.

AAX AAX

TRX/USDT
8 397 333 USD
0.02 %
160.
SAND/USDT
8 258 003 USD
0.02 %
161.
ETC/USDT
8 223 798 USD
0.02 %
162.
MANA/USDT
8 197 183 USD
0.02 %
163.
ADA/USDT
8 010 476 USD
0.02 %
164.

FTX FTX

XRP/USDT
7 997 355 USD
0.02 %
165.
MATIC/USDT
7 879 028 USD
0.02 %
166.
DOGE/USDT
7 794 504 USD
0.02 %
167.
INJ/USDT
7 707 306 USD
0.02 %
168.
BTC/USDT
7 540 360 USD
0.02 %
169.
EGLD/USDT
7 537 044 USD
0.02 %
170.
MATIC/USDT
7 518 442 USD
0.02 %
171.
AXS/USDT
7 236 254 USD
0.01 %
172.
USDC/USDT
7 215 879 USD
0.01 %
173.
VET/USDT
7 118 814 USD
0.01 %
174.
CAKE/USDT
7 032 153 USD
0.01 %
175.
SOL/USDT
6 919 121 USD
0.01 %
176.
RUNE/USDT
6 675 328 USD
0.01 %
177.
BTC/USDT
6 571 102 USD
0.01 %
178.
WAVES/USDT
6 562 437 USD
0.01 %
179.
MATIC/USDT
6 520 540 USD
0.01 %
180.
XLM/USDT
6 469 682 USD
0.01 %
181.
BTC/USDT
6 395 494 USD
0.01 %
182.
BCH/USDT
6 349 863 USD
0.01 %
183.
SOL/USDT
6 313 816 USD
0.01 %
184.
ETH/USDT
6 266 974 USD
0.01 %
185.

AAX AAX

XLM/USDT
6 225 643 USD
0.01 %
186.
GALA/USDT
6 204 641 USD
0.01 %
187.
UTK/USDT
6 204 593 USD
0.01 %
188.

AAX AAX

LINK/USDT
6 184 362 USD
0.01 %
189.
ROSE/USDT
6 172 248 USD
0.01 %
190.
SHIB/USDT
6 056 883 USD
0.01 %
191.
DASH/USDT
6 027 920 USD
0.01 %
192.
SNX/USDT
5 761 320 USD
0.01 %
193.

FTX FTX

SOL/USDT
5 745 467 USD
0.01 %
194.
USDT/USDC
5 733 850 USD
0.01 %
195.
BNB/USDT
5 668 011 USD
0.01 %
196.
RNDR/USDT
5 643 787 USD
0.01 %
197.
ADA/USDT
5 630 651 USD
0.01 %
198.
PUNDIX/USDT
5 616 826 USD
0.01 %
199.
USDT/UAH
5 565 503 USD
0.01 %
200.
USDC/USDT
5 557 618 USD
0.01 %
201.
LINK/USDT
5 546 345 USD
0.01 %
202.
WING/USDT
5 521 129 USD
0.01 %
203.
FTT/USDT
5 503 957 USD
0.01 %
204.
BNB/USDT
5 502 039 USD
0.01 %
205.
EOS/USDT
5 461 546 USD
0.01 %
206.
ATOM/USDT
5 442 001 USD
0.01 %
207.
USDC/USDT
5 376 626 USD
0.01 %
208.
XLM/USDT
5 370 750 USD
0.01 %
209.
TRX/USDT
5 370 252 USD
0.01 %
210.
LTC/USDT
5 362 618 USD
0.01 %
211.
RSR/USDT
5 285 939 USD
0.01 %
212.

AAX AAX

EOS/USDT
5 256 870 USD
0.01 %
213.
AVAX/USDT
5 249 892 USD
0.01 %
214.
DOT/USDT
5 245 047 USD
0.01 %
215.
RSR/USDT
5 237 436 USD
0.01 %
216.
ATOM/USDT
5 189 718 USD
0.01 %
217.
FIL/USDT
5 179 798 USD
0.01 %
218.
FIL/USDT
5 174 575 USD
0.01 %
219.
AAVE/USDT
5 146 960 USD
0.01 %
220.
AAVE/USDT
5 130 862 USD
0.01 %
221.
QNT/USDT
5 109 954 USD
0.01 %
222.
ZIL/USDT
5 083 140 USD
0.01 %
223.
OKB/USDT
5 072 244 USD
0.01 %
224.
SAND/USDT
5 060 067 USD
0.01 %
225.
XRP/USDT
5 053 159 USD
0.01 %
226.
LINK/USDT
5 023 646 USD
0.01 %
227.
MATIC/USDT
5 011 273 USD
0.01 %
228.
ALGO/USDT
4 986 295 USD
0.01 %
229.
JST/USDT
4 915 583 USD
0.01 %
230.
ATOM/USDT
4 909 935 USD
0.01 %
231.
ETH/USDT
4 829 877 USD
0.01 %
232.
USDT/BIDR
4 829 003 USD
0.01 %
233.
UTK/USDT
4 802 790 USD
0.01 %
234.
STEEM/USDT
4 739 793 USD
0.01 %
235.
COTI/USDT
4 736 260 USD
0.01 %
236.
BCH/USDT
4 734 420 USD
0.01 %
237.
BNB/USDT
4 731 932 USD
0.01 %
238.
DOT/USDT
4 717 617 USD
0.01 %
239.
TRX/USDT
4 716 092 USD
0.01 %
240.
BTCDOWN/USDT
4 690 817 USD
0.01 %
241.
ADA/USDT
4 660 299 USD
0.01 %
242.
UNI/USDT
4 658 907 USD
0.01 %
243.
DON/USDT
4 629 357 USD
0.01 %
244.
BNB/USDT
4 575 707 USD
0.01 %
245.
SOL/USDT
4 480 398 USD
0.01 %
246.
DOCK/USDT
4 455 439 USD
0.01 %
247.
VRA/USDT
4 446 894 USD
0.01 %
248.
XMR/USDT
4 441 838 USD
0.01 %
249.
ATOM/USDT
4 406 569 USD
0.01 %
250.
LTC/USDT
4 268 642 USD
0.01 %
251.
TRX/USDT
4 266 149 USD
0.01 %
252.
JST/USDT
4 262 204 USD
0.01 %
253.
ETH/USDT
4 262 042 USD
0.01 %
254.
MANA/USDT
4 202 974 USD
0.01 %
255.
FRONT/USDT
4 184 305 USD
0.01 %
256.
TRX/USDT
4 173 800 USD
0.01 %
257.
EOS/USDT
4 083 734 USD
0.01 %
258.
AAVE/USDT
4 064 594 USD
0.01 %
259.
SUN/USDT
4 057 156 USD
0.01 %
260.
ADA/USDT
3 991 604 USD
0.01 %
261.
SOL/USDT
3 900 267 USD
0.01 %
262.
NEO/USDT
3 889 187 USD
0.01 %
263.
JASMY/USDT
3 883 309 USD
0.01 %
264.
HBAR/USDT
3 857 630 USD
0.01 %
265.
HOT/USDT
3 845 083 USD
0.01 %
266.
DOT/USDT
3 842 458 USD
0.01 %
267.
BNB/USDT
3 821 721 USD
0.01 %
268.
LTC/USDT
3 813 641 USD
0.01 %
269.
XRPDOWN/USDT
3 801 505 USD
0.01 %
270.
REEF/USDT
3 758 814 USD
0.01 %
271.
TUSD/USDT
3 698 670 USD
0.01 %
272.
RVN/USDT
3 662 277 USD
0.01 %
273.
XMR/USDT
3 652 810 USD
0.01 %
274.
DOT/USDT
3 617 156 USD
0.01 %
275.
SUN/USDT
3 600 712 USD
0.01 %
276.
UNFI/USDT
3 541 243 USD
0.01 %
277.
QTUM/USDT
3 531 474 USD
0.01 %
278.

FTX FTX

DOGE/USDT
3 517 170 USD
0.01 %
279.
RNDR/USDT
3 508 103 USD
0.01 %
280.
ETH/USDT
3 504 327 USD
0.01 %
281.
ATOM/USDT
3 474 147 USD
0.01 %
282.
DOT/USDT
3 397 618 USD
0.01 %
283.
XRPUP/USDT
3 323 780 USD
0.01 %
284.
TLM/USDT
3 307 411 USD
0.01 %
285.

AAX AAX

AAVE/USDT
3 294 477 USD
0.01 %
286.
USDT/DAI
3 249 993 USD
0.01 %
287.
THETA/USDT
3 229 015 USD
0.01 %
288.
TRX/USDT
3 203 642 USD
0.01 %
289.
TRX/USDT
3 198 918 USD
0.01 %
290.
MKR/USDT
3 194 522 USD
0.01 %
291.
BADGER/USDT
3 184 719 USD
0.01 %
292.
ABBC/USDT
3 145 965 USD
0.01 %
293.
XMR/USDT
3 133 308 USD
0.01 %
294.
BCH/USDT
3 128 574 USD
0.01 %
295.
ONE/USDT
3 126 987 USD
0.01 %
296.
BKK/USDT
3 114 978 USD
0.01 %
297.
BCH/USDT
3 114 340 USD
0.01 %
298.
CHZ/USDT
3 100 630 USD
0.01 %
299.
UNI/USDT
3 084 093 USD
0.01 %
300.
BNB/USDT
3 079 415 USD
0.01 %
301.
FLM/USDT
3 076 532 USD
0.01 %
302.
XLM/USDT
3 032 861 USD
0.01 %
303.
COMP/USDT
3 027 642 USD
0.01 %
304.
XLM/USDT
3 011 893 USD
0.01 %
305.
NMR/USDT
3 005 739 USD
0.01 %
306.
TRX/USDT
3 005 637 USD
0.01 %
307.
MATIC/USDT
2 995 408 USD
0.01 %
308.
TUSD/USDT
2 985 277 USD
0.01 %
309.
XLM/USDT
2 953 203 USD
0.01 %
310.
CELO/USDT
2 934 548 USD
0.01 %
311.
RNDR/USDT
2 900 879 USD
0.01 %
312.
HBAR/USDT
2 892 804 USD
0.01 %
313.
FIL/USDT
2 875 500 USD
0.01 %
314.
DOT/USDT
2 875 171 USD
0.01 %
315.
ETC/USDT
2 848 209 USD
0.01 %
316.
CHZ/USDT
2 824 576 USD
0.01 %
317.
REN/USDT
2 799 222 USD
0.01 %
318.
TRR/USDT
2 799 018 USD
0.01 %
319.
PAXG/USDT
2 795 399 USD
0.01 %
320.
ZEC/USDT
2 758 795 USD
0.01 %
321.
ALICE/USDT
2 752 888 USD
0.01 %
322.
WIN/USDT
2 752 654 USD
0.01 %
323.
ETH/USDT
2 743 412 USD
0.01 %
324.
BADGER/USDT
2 725 482 USD
0.01 %
325.
LINK/USDT
2 724 712 USD
0.01 %
326.
SNX/USDT
2 704 957 USD
0.01 %
327.
HIVE/USDT
2 691 746 USD
0.01 %
328.

FTX FTX

BNB/USDT
2 680 063 USD
0.01 %
329.
SUSHI/USDT
2 678 250 USD
0.01 %
330.
LINK/USDT
2 666 321 USD
0.01 %
331.
DIA/USDT
2 660 229 USD
0.01 %
332.
XLM/USDT
2 648 009 USD
0.01 %
333.
AVAX/USDT
2 642 946 USD
0.01 %
334.
TITAN/USDT
2 623 421 USD
0.01 %
335.
ETHDOWN/USDT
2 621 631 USD
0.01 %
336.
ETH/USDT
2 595 168 USD
0.01 %
337.
BTC/USDT
2 557 647 USD
0.01 %
338.
CRV/USDT
2 546 330 USD
0.01 %
339.
ZEC/USDT
2 531 629 USD
0.01 %
340.
BNB/USDT
2 521 843 USD
0.01 %
341.
LTC/USDT
2 518 297 USD
0.01 %
342.
CHZ/USDT
2 517 412 USD
0.01 %
343.
MXC/USDT
2 511 312 USD
0.01 %
344.
BTC/USDT
2 510 780 USD
0.01 %
345.
RSR/USDT
2 509 348 USD
0.01 %
346.
KNC/USDT
2 480 669 USD
0.01 %
347.
DOGE/USDT
2 468 284 USD
0.00 %
348.
ATOM/USDT
2 465 024 USD
0.00 %
349.
YFI/USDT
2 455 755 USD
0.00 %
350.
ALGO/USDT
2 433 551 USD
0.00 %
351.
DODO/USDT
2 431 731 USD
0.00 %
352.
LTC/USDT
2 426 863 USD
0.00 %
353.
DOGE/USDT
2 422 177 USD
0.00 %
354.
ENJ/USDT
2 421 372 USD
0.00 %
355.
ANKR/USDT
2 399 445 USD
0.00 %
356.
LINK/USDT
2 386 044 USD
0.00 %
357.
XMR/USDT
2 384 779 USD
0.00 %
358.
EOS/USDT
2 384 778 USD
0.00 %
359.
XMR/USDT
2 379 556 USD
0.00 %
360.
LTC/USDT
2 378 059 USD
0.00 %
361.
ETC/USDT
2 374 489 USD
0.00 %
362.
BNB/USDT
2 360 085 USD
0.00 %
363.
YFI/USDT
2 354 689 USD
0.00 %
364.
TRX/USDT
2 348 778 USD
0.00 %
365.
CHZ/USDT
2 340 536 USD
0.00 %
366.
UQC/USDT
2 334 738 USD
0.00 %
367.
GRT/USDT
2 333 618 USD
0.00 %
368.
CHZ/USDT
2 324 662 USD
0.00 %
369.
XLM/USDT
2 307 054 USD
0.00 %
370.
ETC/USDT
2 306 347 USD
0.00 %
371.
CRO/USDT
2 281 592 USD
0.00 %
372.

AAX AAX

ZEC/USDT
2 257 876 USD
0.00 %
373.
SFP/USDT
2 257 706 USD
0.00 %
374.
BTCUP/USDT
2 252 671 USD
0.00 %
375.
RVN/USDT
2 249 572 USD
0.00 %
376.
LRC/USDT
2 230 338 USD
0.00 %
377.
SUN/USDT
2 224 806 USD
0.00 %
378.
BSV/USDT
2 220 385 USD
0.00 %
379.
AAVE/USDT
2 211 517 USD
0.00 %
380.
ETH/USDT
2 207 487 USD
0.00 %
381.
CHR/USDT
2 192 866 USD
0.00 %
382.
BTT/USDT
2 150 092 USD
0.00 %
383.

FTX FTX

FTT/USDT
2 102 901 USD
0.00 %
384.
ETH/USDT
2 079 348 USD
0.00 %
385.
XTZ/USDT
2 070 979 USD
0.00 %
386.
ORN/USDT
2 065 087 USD
0.00 %
387.
VET/USDT
2 056 706 USD
0.00 %
388.
COMP/USDT
2 053 125 USD
0.00 %
389.
WING/USDT
2 037 309 USD
0.00 %
390.
WIN/USDT
2 036 566 USD
0.00 %
391.

FTX FTX

LINK/USDT
2 033 510 USD
0.00 %
392.
BNB/USDT
2 030 674 USD
0.00 %
393.
NEO/USDT
1 995 677 USD
0.00 %
394.
BLZ/USDT
1 991 726 USD
0.00 %
395.
LTC/USDT
1 990 420 USD
0.00 %
396.
BEL/USDT
1 984 460 USD
0.00 %
397.
NEST/USDT
1 983 113 USD
0.00 %
398.
DASH/USDT
1 970 491 USD
0.00 %
399.
QNT/USDT
1 962 275 USD
0.00 %
400.
AUDIO/USDT
1 961 754 USD
0.00 %

About Tether


Tether is a crypto project designed for protection against the high volatility of cryptocurrencies. It offers individuals and companies three types of stablecoins—USDT, EURT, CNHT—as an alternative to fiat currencies.

Tokens issued by Tether can be used to save some part of assets during a temporary turmoil in the market. Most crypto exchanges specifically use USDT as a substitute for a US dollar when they lack a licence for operations with fiat money but are willing to simplify settlements between users.

Tether startup history

The startup was established in April 2014 by cryptocurrency pioneer Brock Pierce, software engineer Craig Sellars, and entrepreneur Reeve Collins. It was presented to the public as Realcoin in July. Before that, Mr Pierce and Mr Sellars helped to create the Mastercoin project, which was lately renamed Omni. In October 2014, the Realcoin team issued first tokens via the Omni protocol. In November, company’s CEO Reeve Collins announced its renaming as Tether Limited with registration in Hong Kong.

In January 2015, the Bitfinex exchange was the first to list USDT. Then, it turned out that exchange’s owners (shareholders of iFinex Inc.) acquired the startup from its founders. On the British Virgin Islands, they registered Tether Holdings Limited, which became a parent company to Tether Limited. In charge of Bitfinex and Tether from then on are people with the same positions in both companies: Jean-Louis van der Velde as CEO and Giancarlo Devasini as CFO.

Craig Sellars had been CTO before May 2016 but then became an external adviser for Tether. Up till December 2015, he was also CTO of Omni Foundation. He is still a member of the Foundation. After the company was sold, Reeve Collins took up media technology, and Brock Pierce became a venture investor and a philanthropist.

Tether cryptocurrency aspects

Tether stablecoins are issued not on its own blockchain (the project does not have it) but based on third-party blockchain platforms. So technically, it is not a ‘stable coin’ but a token with a stable price. In 2014–2017, the Omni Layer protocol was used. It is a wrapper around Bitcoin. That is, tokens USDT and EURT were issued via Omni Layer but registered in the Bitcoin blockchain.

Since January 2018, the company decided to issue tokens USDT and EURT based on the Ethereum blockchain using ERC-20. Currently, USDT on Omni Layer is issued from time to time but EURT based on Omni Layer became obsolete. In April 2019, developers created a new stablecoin — CNHT (also based on ERC-20) but it was launched for the free market only in September. They did not stop there and for the sake of experiment or participants of other networks created smart contracts with USDT tokens in:

  1. the TRON blockchain — in April 2019;
  2. the EOS blockchain — in May 2019;
  3. the Liquid Network overlay network — in July 2019;
  4. the Algorand blockchain — in February 2020.

USDT tokens issued on different blockchains are incompatible. So it is possible to send them only to the addresses of the corresponding networks and only through wallets with support for the corresponding blockchain.

The USDT rate is pegged to the US dollar, while EURT and CNHT rates are pegged to euro and yuan respectively. The company tries to maintain parity so one token is equal to one fiat unit. However, due to market volatility, which is stronger than company capabilities, deviations sometimes occur.

On our Tether chart, you can observe all token’s extremes. For example, for 2018–2020, USDT reached a low of $0.9666 (on 14 November 2018) and a high of $1.05 (on 12 March 2020).

The backing of the USDT stablecoin

USDT price stability is achieved due to the fact that all issued tokens are backed with reserves stored in Tether Limited accounts. The backing is not only the corresponding fiat currencies (US dollar, euro, yuan) but also cash equivalents, other company assets, and even receivables for loans provided to partners.

The last point is very worrying for the crypto community because Tether issued 700 million unsecured USDT in December 2018 and lent it to the Bitfinex exchange. The exchange at that time covered users’ losses of 850 million US dollars frozen in Panamanian provider Crypto Capital Corp. Of the 700 million debt, Bitfinex gave back 100 million in July 2019 and another 100 million in February 2020. The remaining debt—500 million US dollars—Tether considers part of the reserve that backs all the tokens circulating in the market.

The crypto community is also concerned about the lack of fresh evidence of an independent audit. The first audit with public results was conducted in September 2017 by Friedman LLP, an audit firm. It confirmed the availability of backing:

Availability of fiat funds in reserve Amount
Bank account 1 60,919,810 USD
Bank account 2 382,064,782 USD
Total: 442,984,592 USD
Availability of issued tokens Amount
Created via smart contracts 444,951,600 USDT
Unauthorised and held by Tether Treasure −2,469,840 USDT
Total issued for circulation: 442,481,760 USDT

 

The second audit took place in June 2018. It was conducted by Freeh Sporkin & Sullivan, LLP (a law firm) — not accountants, of course, but at least some independent auditors. The results were inaccurate: representatives of the firm only stated that on 1 June, Tether had 2.55 billion US dollars in their accounts, and USDT at that time was issued in the amount of 2.54 billion tokens.

Since then, no audits have been conducted. Concerns intensified after statements made by Tether representatives in 2019:

  • in March, they stated that now they consider as security for tokens not only the availability of fiat dollars, but also loans issued to affiliated companies;
  • in April, they stated that tokens are backed with fiat dollars only by 74%.

On a separate page on the website, Tether publishes ‘transparent’ indicators: the total value of the company’s assets, the quantity of tokens issued, the difference between them. However, no one knows for sure whether Tether really has these assets and what share in them is dollars in bank accounts.

The user’s USD wallet in personal account is a simulation wallet. Buying and selling coins in indices, gains or losses thereon are a virtual simulation. We are not able to conduct any transactions with real currency. *Partnership service Coin-cap.pro does not offer the service of buying or selling cryptocurrencies.