Tether
USDT$1.00
Market Cap
$184.07B
Volume 24h
$39.37B
Vol / Market Cap
21.39%
Rank
#3
USDT Price Chart
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.
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.
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.
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.
Centralized control enables address blacklisting; the lack of a “Big Four” audit remains a transparency hurdle in 2026.
