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Tether

Tether is a type of digital crypto currency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding Tether, create alerts, follow analysis and opinion and get real time market data.

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1 USDT =

$ 1.0000

0.0000 0%

09:59:20 - Real-time Data . ( Disclaimer )

Market Cap:

$67.55B

Circulating Supply:

USDT67.55B

Max Supply:

USDT0

Vol (24H):

$42.94B

Chg (7D):

-0.04%

Day's Range:

0.9999 - 1.0002

Investing.com Index

1D 1W 1M 6M 1Y 5Y Max

Tether News

Tether Hires New Auditor BDO Italia For Monthly USDT Reserves Report CryptoPotato

The new accounting firm will help Tether conduct monthly attestations for USDT reserves.

Tether Swaps Accounting Firms, Says It Will Publish Monthly...

Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports

Cryptocurrency Stablecoin Tether hires BDO Italia for monthly proof-of-reserve...

Cryptocurrency Tether Switches Accounting Firm

Cryptocurrency Bitfinex May Face Criminal Investigations in U.S.

Show more News

Tether Analysis & Opinion

Oil’s Iran Cliffhanger: What To Know And What To Expect By Barani Krishnan/Investing.com - Aug 17, 2022

EU attempting to revive Iran nuclear deal with market staying...

Tether (USDT): The Joy and Danger of Driving Upside Down

By TipRanks - Jul 09, 2022

365, irrespective of holidays, religious ceremonies, and other...

Tether Liquidates Celsius Loan Without Suffering Any Losses

By KryptoMoney - Jul 09, 2022

The stablecoin Tether‘s creator on Friday provided new information...

Sugar: Indicators Point To A Surge By Andy Hecht - Jun 29, 2022

This article was written exclusively for Investing.comSugar...

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hugho Marquez Jan 25, 2021 14:39

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Good Pi Network is an application created in Standford that gives you Pi which is a new cryptocurrency for and by ordinary people that can "extract" (win) from the phone. The best thing is that it is free and you do not have to put a card number or anything .. To enter you have to register and put an invitation code I leave you mine in case you are interested. Code: kyrianer

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jacinta davies Jan 05, 2021 20:36

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Gabe9205^^

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R U Serious Seriously Dec 11, 2018 12:18

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Surely it's only a matter of time before regulators discover the 1:1 coverage in USD (that's $1.8B) is a BIG lie. Surely the market/investors aren't that gullible. Ohhhh wait...maybe they are lol

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FAQ

What is Tether?
Tether is an offering from Hong Kong-based tech company Tether Holdings. Tether or USDT was created to address the volatility concerns which currently plague the crypto industry. Given this, Tether is backed by fiat and is a stablecoin that aims to track the value of the US dollar. By extension, it aims to make crypto valuation stable. Tether serves as the first digital asset used by most crypto investors in interfacing with the crypto space.
How to buy Tether
Tether can be bought from most crypto exchanges in the blockchain ecosystem. Many crypto investors use it as a payment rail to buy other cryptocurrencies, making it highly popular. Exchanges like Binance, Huobi Global, Coinbase, Gate.io, Kucoin, and several others offer Tether purchases. Tether is the easiest cryptocurrency to lay your hands on.
How does Tether work?
Tether tracks the price movement of the US dollar, and since the coin is a stablecoin, Tether cannot be lower or higher than $1 with some little variation. This is why every Tether coin in circulation must be duly backed by a commensurate amount of physical cash or appropriate financial instrument.
How to mine Tether
Although Tether is a digital currency like Bitcoin, it cannot be mined as it is inherently pegged to the US greenback. Mining Tether would go against the reason why this cryptocurrency was created. The only way to get more Tether coins is to buy them.
How does Tether make money?
How does Tether make money? Tether doesn't make money; on the contrary, it loses money because it is tied to a real-world asset. Nonetheless, it serves as a lubricant for the fast-evolving crypto market.
Why has Tether coin caused so much controversy?
Tether coin has been involved in controversy over accusations that it has not been transparent with its reserves. The stablecoin company was required to post the quarterly records of its fiat reserve currencies after a lawsuit filed by the New York Attorney General (NYAG) office. The company recently posted its records and showed that only 10% of the more than $69 billion-worth of Tether coins are backed with real cash and similar financial instruments. This record has drawn the ire of regulators and critics who allege that the stablecoin is printing money. The firm was recently embroiled in financial misappropriation with crypto exchange BitFinex which saw it slammed with an $18 million fine.