USD₮ is a digital token issued by Tether that references the value of the U.S. dollar, typically designed so that 1 USD₮ corresponds to 1 U.S. dollar. It circulates on blockchains, but is not itself legal tender.

Tether Price Today, Live Market & Historical Trend Chart

Q: What can USD₮ be used for?

USD₮ can be used to transfer dollar-denominated value in wallets, payment services, or trading settings that support it. Users can store, send, and receive tokens on blockchains, with transfers generally processed on the selected network.

Q: Why does USD₮ usually reference the U.S. dollar's value?

USD₮ uses the U.S. dollar as its reference unit, and Tether reserves support issued tokens in circulation. This arrangement aims to reference its value to the dollar, but secondary-market prices may still deviate because of trading supply and demand.

Q: How is USD₮ issued and removed from circulation?

Tether may first authorize tokens on-chain and keep them in its treasury; only tokens that leave the treasury and enter circulation count as issued USD₮. Issuance and redemption affect the actual circulating supply.

Q: Why should the network be confirmed when transferring USD₮?

USD₮ can be used on multiple blockchain networks, including Ethereum, Tron, and Solana. Token addresses and transfer channels on different networks may not be compatible, so both parties should confirm they selected the same network before a deposit or transfer.

Q: Can USD₮ be directly exchanged for U.S. dollars?

Verified customers who meet Tether's terms may apply to redeem USD₮ for the corresponding fiat currency through the process. Minimum amounts, fees, and other conditions may apply; direct redemption is a contractual arrangement with Tether, and not every holder automatically qualifies.

Rank 3

$1.000000

+$0.000199(+0.02%)

Market Cap

$182.94B

24h High

$0.999499

24h Low

$0.998917

24h Turnover

$53.03B

Total Supply

190.94B

Market Sentiment

Neutral

Tether (USDT) Price Performance

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Tether (USDT) has a Last Price of $1.000000, with a 24h change of +0.02%. The 24h low is $0.998917, the 24h high is $0.999499, and the 24h turnover is $53.03B. The current market cap is approximately $182.94B, ranking 3 by market cap and accounting for 3.61% of the total crypto market cap. The All-Time High is $1.320000 (⁦2018-07-23⁩), with a change from the All-Time High of -24.24%.

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 55; Normal
Last Week: 62; Greed
Last Month: 70; Greed

The Fear & Greed Index is currently 63/100, in the Greed zone; change from yesterday: +8, from last week: +1, and from last month: -7. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

About Tether (USDT)

USDT is a stablecoin issued by Tether, pegged 1:1 to the US dollar, where 1 USDT = 1 USD and can be exchanged at any time. Tether guarantees that for every 1 USDT issued, there is 1 USD reserve in its bank account, ensuring transparency. Users can verify funds on the Tether platform. USDT can be obtained via SWIFT wire transfers or through exchanges, and it can also be exchanged for Bitcoin. To redeem USD, the reverse process can be followed.

Use Cases and Features

USD₮ is a digital token referenced 1:1 to the U.S. dollar, used to hold, send, receive, and exchange dollar-denominated value on blockchains. It can be deployed on multiple blockchain networks; when transferring, use the network corresponding to the recipient and pay attention to network compatibility. USD₮ is not legal tender and does not have government deposit insurance; direct redemption is handled by Tether under applicable terms.

Supply and Issuance Mechanism

USD₮ is issued and redeemed by Tether under its terms, and its circulating supply changes with demand, issuance, and redemption. Issued USD₮ in circulation is supported by equivalent-value reserves; tokens held in the Tether treasury that are authorized but not yet issued are not counted as circulating supply. Tether generally discloses information on circulating tokens and publishes reserve-related reports regularly.

How to Buy and Use Tether (USDT)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

Verify

Trade

Receive Assets

Simple Earn

Est.30-Day APR

2.18%~5%

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Est.30-Day APR

5.63%

Fiat Exchange

USDT to USD$0.9993

USDT to RUB₽77.279

USDT to EUR€0.8740

USDT to BRLR$5.1635

USDT to INR₹95.390

USDT to AEDد.إ3.6699

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Frequently Asked Questions About Tether (USDT)

What is USD₮?

What can USD₮ be used for?

Why does USD₮ usually reference the U.S. dollar's value?

How is USD₮ issued and removed from circulation?

Why should the network be confirmed when transferring USD₮?

Can USD₮ be directly exchanged for U.S. dollars?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.