US

Tether

USDT
StablecoinRank #3Ethereum

$1.00

+0.01%24h
+0.02%7d

Market Cap

$184.07B

Volume 24h

$39.37B

Vol / Market Cap

21.39%

Rank

#3

USDT Price Chart

About Tether

Tether is a stablecoin pegged to the U.S. dollar and widely used for trading and liquidity in crypto markets.

What Is Tether (USDT)? Tether is a U.S. dollar-pegged stablecoin designed to maintain a 1:1 value with the USD. It is widely used for crypto trading, liquidity management, and protecting capital during market volatility.

How It Works

A centralized stablecoin pegged to the U.S. dollar. It maintains reserves of fiat currency and cash equivalents, such as U.S. Treasury bills, to back each token 1:1, allowing traders to move quickly in and out of volatile crypto assets.

Use Cases

Price Stability & Trading: Used as a digital U.S. dollar to park funds during market volatility, settle cross-border payments, and serve as the primary liquidity pair on most crypto exchanges.

Tokenomics

Fiat-Backed Liquidity: A centralized stablecoin where each token is backed 1:1 by U.S. dollar reserves and U.S. Treasuries. Used as a “safe haven” during volatility, a primary trading pair on exchanges, and for fast cross-border settlement.

Risks & Considerations

Centralized control enables address blacklisting; the lack of a “Big Four” audit remains a transparency hurdle in 2026.

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