Tether header image

Tether

USDT

Crypto

Stablecoin

USD 1.00-0.00%

Tether
UMushroom community rating:

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3.25 2 votes No rating yet
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About
Stablecoin
Category
n/a
Consensus Mechanism
L2
L1/L2
Asset backed
Sub-cateegory
ethereum
Ecosystem
2015
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 chatbot

Source:

https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf
Key figures
-0.06%1Y
-0.36%3Y
-0.11%5Y
Performance
1/ 01D
1/ 01M
1/ 01Y
Highs/ Lows
13.09.2022
USD 1.32
All Time High
75.56%
% of All Time High
-28.14%All Time
-0.59%1 year
Max drawdown
#3
Ranking by Market Cap
140,557.86 M
Market cap (USD)
0.00%
% of Market
203.396 B
Category Market Cap (USD)
69.11%
% of Category
143440125303
Circulating Supply
140623286117
Liquid Supply
98.04%
Liquid/ Circulating Supply

N/A

Not Available Currently
Max Supply

N/A

Not Available Currently
Circulating/ Max Supply
159183962021
Volume Traded
184.68%
Volume Traded/ Market Cap

Ratings & reviews

star star star star star

3.25

2 votes
Performance:
starstarstarstarstar
2.50
Innovation:
starstarstarstarstar
2.50
Society:
starstarstarstarstar
2.25
Nature:
starstarstarstarstar
2.25
Avni Bansal
United Kingdom, 17 Dec 2023
star star star star star
Poor start
Tonia Zimmermann
Switzerland, 15 May 2023
star star star star star
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