Tether
USDT
Crypto
Stablecoin
USD 1.00+0.12%
Tether
UMushroom community rating:
About
Stablecoin
Categoryn/a
Consensus MechanismL2
L1/L2Asset backed
Sub-cateegoryethereum
Ecosystem2015
Year of creation
Description
Tether (USDT) is a Stablecoin crypto token. Tether was founded on 2015-02-25 on the ETHEREUM ecosystem. More information can be found at https://tether.to.
Key Technical Advantages:
Tether tokens are stablecoins pegged to real-world currencies (e.g., 1 USD_ = 1 USD) and backed 100% by Tether's reserves, offering price stability in the market. Tether tokens can be used across various blockchains, providing customers with the ability to transact without the volatility and complexity of traditional digital tokens. Tether tokens are issued only upon request and purchase by customers who have completed strict KYC procedures. Tether offers exceptional liquidity on tier one exchanges, benefiting individuals, merchants, and exchanges by enabling faster arbitrage opportunities, easier integration, and high trading volume. Tether tokens are available on multiple blockchains, including Algorand, Avalanche, Ethereum, EOS, Liquid Network, Near, Omni, Polygon, Solana, Bitcoin Cash's Standard Ledger Protocol, Statemine, Statemint, Tezos, and Tron. Content summarized by AI chatbotSource:
https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdfKey figures
-0.19%1Y
-0.19%3Y
-0.38%5Y
Performance
1/ 01D
1/ 01M
1/ 01Y
Highs/ Lows
13.09.2022
USD 1.32
All Time High
75.52%
% of All Time High
-28.14%All Time
-0.58%1 year
Max drawdown
#3
Ranking by Market Cap
185,381.67 M
Market cap (USD)
0.00%
% of Market
292.972 B
Category Market Cap (USD)
63.28%
% of Category
190475733916
Circulating Supply
185716038614
Liquid Supply
97.50%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
229779662383
Volume Traded
117.49%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
4.85
Innovation:
4.48
Society:
4.63
Nature:
4.07
Ritesh Jacob
Tether is the world’s top stablecoin for liquidity, reliability, and minimal volatility. Rapid global expansion, strong profits, and energy-efficient blockchain integrations drive innovation.
Fadel Sahlieh
Stable
Varalacshimi Varatharasa
-
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