Tether USDT
Tether price chart
Daily closes, 366 daysAbout 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…
Project description and links via CoinGecko.
Full price history by year · If you invested in Tether · DCA backtest
Supply and valuation
| Price | $0.9997 |
| Market cap | $184.03B |
| Fully diluted valuation | $189.49B |
| Circulating supply | 184,088,295,340 USDT |
| Total supply | 189,555,241,730 USDT |
| Max supply | Uncapped |
Tether news
Headlines mentioning USDT, links open at sourceTether FAQ
What is the price of Tether (USDT) today?
As of October 7, 2026, one USDT trades at $0.9997. The price is -0.03% over the last 24 hours and +0.01% over the last seven days.
What is Tether's market cap?
Tether has a market capitalization of $184.03B, ranking it #3 among all cryptocurrencies by market cap.
How many USDT are in circulation?
184,088,295,340 USDT are in circulation out of a total supply of 189,555,241,730 USDT. Tether has no hard-coded maximum supply.
What is Tether's all-time high?
Tether's all-time high is $1.32, reached on July 23, 2018. At $0.9997 the current price is 24.4% below that peak.
How much USDT is traded each day?
About $71.32B of USDT changed hands in the last 24 hours, equal to 38.8% of its market cap. That is a high turnover, which usually means active speculation.
How has Tether performed over the past year?
Since October 7, 2025, USDT has moved -0.09%, from $1.00 to $0.9996. The period high was $1.00 on October 11, 2025 and the low was $0.9984 on February 5, 2026.
What are the risks of holding Tether?
Price risk first: USDT moved -0.02% over the last 30 days and -0.09% over the last year, and it is 24% below its all-time high. There is no supply cap, so new issuance can dilute holders. Liquidity: $71.32B trades a day, which is adequate for its size. Add custody risk (exchange failure or lost keys) and regulatory risk. Coinucation does not give investment advice.
Prices, flows and statistics are informational, not investment advice. Crypto assets are volatile and you can lose your whole stake. Ownership and conflict disclosure.
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