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Tether USDt price

Tether USDt priceUSDT

Listed
Buy
$1USD
+0.01%1D
The Tether USDt (USDT) price in United States Dollar is $1 USD as of 06:36 (UTC) today.
Price chart
Tether USDt price USD live chart (USDT/USD)
Last updated as of 2025-09-21 06:36:34(UTC+0)

Live Tether USDt price today in USD

The live Tether USDt price today is $1 USD, with a current market cap of $171.55B. The Tether USDt price is up by 0.01% in the last 24 hours, and the 24-hour trading volume is $81.42B. The USDT/USD (Tether USDt to USD) conversion rate is updated in real time.
How much is 1 Tether USDt worth in United States Dollar?
As of now, the Tether USDt (USDT) price in United States Dollar is valued at $1 USD. You can buy 1USDT for $1 now, you can buy 9.99 USDT for $10 now. In the last 24 hours, the highest USDT to USD price is $1 USD, and the lowest USDT to USD price is $1 USD.

Do you think the price of Tether USDt will rise or fall today?

Total votes:
Rise
0
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0
Voting data updates every 24 hours. It reflects community predictions on Tether USDt's price trend and should not be considered investment advice.

Tether USDt market Info

Price performance (24h)
24h
24h low $124h high $1
All-time high:
$1.22
Price change (24h):
+0.01%
Price change (7D):
+0.02%
Price change (1Y):
+0.06%
Market ranking:
#4
Market cap:
$171,547,657,829.23
Fully diluted market cap:
$171,547,657,829.23
Volume (24h):
$81,415,359,143.95
Circulating supply:
171.44B USDT
Max supply:
--

About Tether USDt (USDT)

What Is Tether?

Tether (USDT) is a type of cryptocurrency known as a stablecoin. It is designed to maintain a steady value against the U.S. dollar, aiming to combine the benefits of blockchain technology with the relative stability of fiat currencies. This design intends to reduce the volatility typically associated with cryptocurrencies like Bitcoin and Ethereum.

The concept behind Tether is simple: for every unit of Tether in circulation, there should be one U.S. dollar held in reserve by Tether Ltd., the company behind USDT. This 1:1 peg to the U.S. dollar means that theoretically, any holder of Tether should be able to redeem their USDT for an equivalent amount of U.S. dollars.

In June 2023, the stability of Tether's USDT experienced a slight depeg due to the Curve’s 3Pool liquidity imbalance. Even though the price dropped to as low as US$0.996 at that time, USDT price recovered to US$0.999 later in the day.

Resources

Original Whitepaper: https://assets.ctfassets.net/vyse88cgwfbl/5UWgHMvz071t2Cq5yTw5vi/c9798ea8db99311bf90ebe0810938b01/TetherWhitePaper.pdf

Official website: https://tether.to/

How Does Tether Work?

Initially launched on the Bitcoin blockchain, Tether has since evolved significantly. It now exists as digital tokens on an impressive list of 12 major blockchains, including but not limited to Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tezos, Tron, Solana and Statemine.

The Blockchain Ledger and Tether's Centralization

Like its cryptocurrency counterparts, all Tether transactions are transparently recorded on a blockchain. This decentralized ledger meticulously tracks all transaction history and is publicly accessible. However, it's crucial to note that Tether differentiates itself by being a centralized stablecoin. Its supply and operations are exclusively managed by Tether Ltd.

By providing a reliable and transparent stablecoin option, Tether continues to play an important role in the broader cryptocurrency ecosystem.

What Determines Tether's Price?

Understanding what determines the current Tether price is crucial for anyone involved in the cryptocurrency market. Tether (USDT), often referred to as a stablecoin, aims to maintain a 1:1 peg with the U.S. dollar. This 1:1 peg is theoretically backed by reserves held by Tether Ltd., the company responsible for USDT.

Factors Influencing Tether Price Stability

However, the stability of Tether's 1:1 peg can be influenced by a multitude of factors including market sentiment, liquidity imbalances, and the overall health of the cryptocurrency ecosystem. For instance, in June 2023, the Tether USD price experienced a slight depeg due to Curve’s 3Pool liquidity imbalance. The USDT price dropped to as low as $0.996 before recovering, affecting Tether's price history.

The Importance of Trust and Confidence

Tether price data often serves as an indicator of the level of trust market participants have in the stablecoin. When Tether maintains its 1:1 peg, it signifies a balanced state of inflows and outflows. This also indicates confidence in the company's ability to maintain its reserves, impacting Tether price predictions. However, any change in the Tether coin price, even a slight one, can trigger market reactions.

Market Reactions to Tether Price Changes

For example, a depegging event can lead to increased Tether trading volumes as investors seek to capitalize on arbitrage opportunities or move their assets to other stablecoins or fiat currencies. On-chain metrics such as trading volume and token circulation can provide valuable insights into how the market is responding to changes in Tether's price.

Regulatory Scrutiny and Tether Price Analysis

Moreover, the Tether to USD price can also be influenced by regulatory scrutiny and the company's transparency regarding its reserves. Any discrepancies or uncertainties can lead to Tether price fluctuations. Despite occasional depegs, Tether has managed to maintain its dominant position in the stablecoin market. This suggests that its underlying blockchain technology and the broader cryptocurrency ecosystem continue to support its value proposition.

The Need for Constant Monitoring

Therefore, keeping an eye on real-time Tether price, regulatory updates, and market sentiment can offer valuable insights into the stablecoin's stability and reliability. By understanding the factors that influence Tether's price, you can make more informed decisions in your cryptocurrency investments.

What Makes Tether Valuable?

Fiat Currency Alternative

USDT has emerged as a prominent alternative to fiat currency in the digital world, especially in countries with unstable currencies or strong capital controls. Because USDT is pegged to the U.S. dollar, it has become a go-to for individuals looking to preserve value, execute international transactions, or bypass traditional banking systems.

Price Discovery and Stability

Due to its peg to the dollar, USDT serves as a benchmark for price discovery in cryptocurrency markets. Its stability offers a contrast to the often volatile nature of cryptocurrencies. This has given confidence to traders and investors, especially those who might be skeptical about the fluctuating nature of cryptocurrencies.

Increased Liquidity

USDT provides exchanges and traders with additional liquidity. Its easy convertibility means traders can switch between USDT and other cryptocurrencies quickly, aiding in efficient price discovery and trade execution.

Gateway to Other Cryptocurrencies

For many, USDT serves as the primary point of entry into the crypto world. Many cryptocurrency exchanges don’t allow direct fiat to crypto trading due to regulatory concerns. USDT offers a solution, enabling traders to first purchase USDT with fiat and then use USDT to trade other cryptocurrencies.

Influence on Decentralized Finance (DeFi)

Tether's role in the decentralized finance sector cannot be underestimated. With its stability, USDT has become a preferred collateral option in various DeFi platforms. It has enabled lending, borrowing, and yield farming activities, acting as a bedrock for various DeFi protocols.

Potential for Mainstream Adoption

As businesses become more accepting of cryptocurrencies, USDT, with its inherent stability, has the potential to become widely accepted for daily transactions, bridging the gap between traditional finance and the crypto world.

Controversies and Concerns Surrounding Tether

While Tether (USDT) serves as a keystone in the cryptocurrency landscape, it has also been a magnet for controversy and skepticism. One of the most persistent issues revolves around transparency—specifically, whether Tether Ltd. holds sufficient U.S. dollar reserves to back e ach USDT token in circulation. This concern has even caught the attention of regulatory authorities.

Legal Proceedings and Transparency

In 2020, a landmark settlement was reached between Tether Ltd., its affiliate Bitfinex, and the New York Attorney General’s Office. The lawsuit had alleged that the companies concealed an US$850 million loss of customer funds. To settle these allegations, both Tether Ltd. and Bitfinex agreed to pay an US$18.5 million penalty and commit to greater transparency by providing quarterly reports on Tether's reserves.

Conclusion

Tether has indisputably revolutionized the cryptocurrency market by creating a stable digital alternative to the U.S. dollar. It offers a multitude of advantages, including enhanced market liquidity and a safe haven during periods of extreme crypto volatility. However, prospective and current users must exercise due diligence. The questions surrounding its reserve transparency and legal challenges warrant careful consideration.

Related Articles about Tether

What is Tether (USDT)?

Bitget x Tether: The Gateway To Real-World Assets

The Tether Depeg in Summer 2023: What Happened to USDT?

Show more

AI analysis report on Tether USDt

Today's Tether USDt price performance summaryView report

Tether USDt Price history (USD)

The price of Tether USDt is +0.06% over the last year. The highest price of USDT in USD in the last year was $1 and the lowest price of USDT in USD in the last year was $0.9969.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.01%$1$1
7d+0.02%$0.9996$1
30d+0.08%$0.9989$1
90d+0.02%$0.9987$1
1y+0.06%$0.9969$1
All-time+0.06%$0.5683(2015-03-02, 10 years ago)$1.22(2015-02-25, 10 years ago)
Tether USDt price historical data (all time)

What is the highest price of Tether USDt?

The USDT all-time high (ATH) in USD was $1.22, recorded on 2015-02-25. Compared to the Tether USDt ATH, the current Tether USDt price is down by 17.68%.

What is the lowest price of Tether USDt?

The USDT all-time low (ATL) in USD was $0.5683, recorded on 2015-03-02. Compared to the Tether USDt ATL, the current Tether USDt price is up 76.06%.

Tether USDt price prediction

When is a good time to buy USDT? Should I buy or sell USDT now?

When deciding whether to buy or sell USDT, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget USDT technical analysis can provide you with a reference for trading.
According to the USDT 4h technical analysis, the trading signal is Strong buy.
According to the USDT 1d technical analysis, the trading signal is Strong buy.
According to the USDT 1w technical analysis, the trading signal is Strong buy.

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FAQ

What is the current price of Tether USDt?

The live price of Tether USDt is $1 per (USDT/USD) with a current market cap of $171,547,657,829.23 USD. Tether USDt's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Tether USDt's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Tether USDt?

Over the last 24 hours, the trading volume of Tether USDt is $81.42B.

What is the all-time high of Tether USDt?

The all-time high of Tether USDt is $1.22. This all-time high is highest price for Tether USDt since it was launched.

Can I buy Tether USDt on Bitget?

Yes, Tether USDt is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy tether guide.

Can I get a steady income from investing in Tether USDt?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Tether USDt with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Tether USDt (USDT)?

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USDT/USD price calculator

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1 USDT = 1 USD. The current price of converting 1 Tether USDt (USDT) to USD is 1. Rate is for reference only. Updated just now.
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USDT resources

Tether USDt ratings
4.2
108 ratings

Tags

Asset-Backed Stablecoin
Ethereum PoW Ecosystem
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Contracts:
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Bitget Insights

MartyParty_
MartyParty_
4h
Breaking: Mr Beast's $114k move into $ASTER Sparks Crypto Buzz MrBeast (real name Jimmy Donaldson) deposited $114,000 in USDT into Aster DEX, a decentralized exchange on the $BNB Chain, positioning him to acquire $ASTER tokens. This isn't just any trade it's timed perfectly with
BNB+2.98%
BGUSER-57HT9YQF
BGUSER-57HT9YQF
5h
MrBeast just deposited 114,483 $USDT into #Aster. Mr Beast profited over $23M through insider trading, misleading investors, and using his influence to pump tokens, only to dump them later. Something fishy is gioing on.
Alex Krüger
Alex Krüger
9h
RT @TheiaResearch: The amount of leverage that depends on USDe rate (incl. ENA incentives) > Aave USDT borrow rate + 2% This is not the la…
USDE0.00%
ENA+1.20%
ChainHub
ChainHub
9h
Big update: Since 9 September, a lot of PA has unfolded and I need to talk about different scenarios going into the end of the year. First off, the bottom from early September is where I took a lot of long positions (over 10) and all of them are in deep profits with an SL in the green especially the longs from DOGE, NEAR and AVAX that performed best. In the chart, I included the cycles/patterns BTC and most of crypto have been following thus far. 1st Scenario: (small cycle) BTC has entered a bullish phase around 6 September (which was the pivot) I was looking for at 107k bottom and 3.8k ETH (ETH didn't come on time). In the chart, you can see the bullish phase from early September until mid-late October which is why I was calling for the potential top to be there but problem, the pump isn't as good as it should be in this phase. Yes we saw some very good pumps on selective altcoins. 2nd Scenario: (Big Cycle) There is another bigger cycle (weekly) that is coming around early November (6 ish November to be more precise) and this cycle is synced not only with crypto but also with Stocks and the SPX. Looking at the stock market right now, it's heating up and it' actually in euphoria stage (people literally taking screenshots of their PnL on social media) while crypto is dead and have almost negative funding rates. So stocks have a correction very soon until early November when synced with this BTC and crypto pivots. This scenario might get us to 102k BTC and 3800$ ET The problem with this cycle is that it starts from early November and can go all the way till April 2026. This can be used as a confluence with a bullish CNY (Chinese New year) (pivot around 6 Feb). So maybe a pump early November until late December when we get a very deep retracement until early Feb and then another bullish pump until April (kinda spoiling the 2026 plan which I haven't released yet and planning on releasing it when I get more PA development in the whole financial markets). Gold and Silver (45-46$) have also a topping window in October (more confluence for a risk on period to happen in November). My thoughts: My main scenario is still #1 but I had both scenarios for quite some time now that I felt the need to put it out there in public. In order for scenario #1 to work, we really need to pick up some more speed in the crypto market starting next week (and not just selective altcoins that have been performing really well and are up more than 30-40% from the 6 September pivot). My main scenario is pivot early September into a Mid-Late October top. But what happens for the 5 Nov cycle? Well imo if the #1 works then 5 nov can fail as a pivot and we keep dumping until early Feb. Yes cycles can fail if it's too bullish or too bearish and we get a new cycle started with new data to look for for next pivot points in the future. They also can be left or right translated. The analysis become much more accurate with more data as time goes by. It's also worth noting, BTC's expansions have been reduced, not only because we are close to the top but because money is rotating more into altcoins as we get later in the cycle. As time goes by, risk on assets become more bullish and that's logic and a fact. Final Thoughts: Everything will be clearer next week. This last week has had a lot of manipulation with FOMC and Quad Witching. The last 2 Quad witching this year happened before major bottoms (10 march and 22 June) with Friday being a red day (marking the bottom) followed by a green and week. So this time could be the same with a Friday dump that happened and an explosive next week to rally into the top in Mid-Late October. We also have insanely negative sentiment when looking at funding and the amount of people shorting while also Tether printing a lot of USDT the last couple weeks. This much printing normally happen before expansion phases. Altcoins don't need a lot of time (risk on assets) to pump for a top especially with now macro targets are close. They only need couple of days or maybe 2 weeks max to top which is more than enough time to do it. As the 4 year cycle is close to an end, risk on assets become more bullish.
BTC+0.06%
DOGE+0.55%
METAVERSELAWYER
METAVERSELAWYER
10h
Bitget’s 7th anniversary event is a golden opportunity. I’m grabbing $BGB at a 30% discount to boost my holdings and could win up to 300 USDT to buy even more. With BGB nearing $6, this promotion’s timing is perfect for long-term believers to accumulate at attractive prices and position for the next big move.
BGB+1.09%