TetherTetherRank #3

Tether (USDT) — Analytics

Real-time price analysis, risk metrics & trend forecasting

Current Price
$0.998939
+0.03% (24h)

Price Chart (14d)

24h range: $0.998595$0.999068

22/54/6

Composite Score

71
out of 100
Trend50
Momentum50
Low Volatility100
Range Position73
RSI Balance84
1D Return
+0.03%
bullish
7D Return
+0.03%
bullish
14D Return
-0.01%
bearish
Volatility
0.02%
Daily std dev
RSI (14)
47.6
neutral
Relative Strength Index

Key Metrics

Market Cap
187.33B
24h Volume
163.78B
MA7
$0.998662
neutral
MA14
$0.9987
Intraday Range
0.05%
bullish
Position in Range
73%
bullish
Momentum 7d
0
neutral
Trend Slope
-0.0000
bearish

Signals

Trendneutral
Momentumneutral
Volatilitybullish
Range Positionbullish
RSIneutral

Outlook

Naive (MA7)
$0.998662
Momentum
$0.99898
Trend Slope
↓ Downtrendbearish

Auto-Insights

MA7 below MA14 → short-term downtrend.
Price at 73% of 24h range → buyer pressure.
RSI = 47.6 → neutral zone.
14d return = -0.01% with volatility 0.02% → controlled dynamics.

Calculation Methodology

MetricFormula
Daily Return(Price_today − Price_yesterday) / Price_yesterday
14d Return(Price_now / Price_14d_ago − 1) × 100%
Intraday Range(24h High − 24h Low) / Price × 100%
Position in Range(Price − 24h Low) / (24h High − 24h Low) × 100%
MA7 / MA14Average price over 7 / 14 days
MomentumPrice_now − Price_7d_ago
RSI (14)100 − 100 / (1 + Avg Gain / Avg Loss)
Scoreavg(Trend + Momentum + inv.Volatility + Range + RSI)

Prices FAQ

What is the price of Tether (USDT)?
The current Tether (USDT) price is $0.999.
What is the market cap of Tether (USDT)?
The current market cap of Tether is $187,334,025,943.
What is the 24h high and low price of Tether (USDT)?
The 24-hour high is $0.999 and the 24-hour low is $0.999.

About Tether

Creator / Founder
Launch Date
Not disclosed
Owner / Org
etherscan.io
Algorithm
Category
Stablecoins
Official Website
tether.to

How Tether Works

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex)

The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that.

USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.

Fiat-Collateralized Stablecoin

Tether (USDT) is a stablecoin pegged to the US Dollar. It is designed so that one Tether is always worth exactly $1.00 USD. The company behind it, Tether Limited, claims that every Tether in circulation is backed 1:1 by traditional fiat currency and cash equivalents held in reserve.

Tether is widely used across the cryptocurrency ecosystem as a bridge between fiat currencies and cryptocurrencies, offering stability, transparency, and minimal transaction fees compared to traditional banking networks.

Where to Buy Tether

20 exchanges · sorted by volume
#ExchangePairPrice (USD)Volume 24hTrustTrade
1
BinanceBinance
BTC/USDT$0.9994$2.86BTrade →
2
GateGate
BTC/USDT$0.998948$2.29BTrade →
3
BybitBybit
BTC/USDT$0.9993$1.82BTrade →
4
XT.COMXT.COM
BTC/USDT$0.998901$1.33BTrade →
5
Biconomy.comBiconomy.com
BTC/USDT$0.998701$1.33BTrade →
6
DigiFinexDigiFinex
BTC/USDT$0.999001$1.23BTrade →
7
MEXCMEXC
BTC/USDT$0.998901$1.15BTrade →
8
TapbitTapbit
BTC/USDT$0.998901$1.10BTrade →
9
OKXOKX
BTC/USDT$0.999$1.10BTrade →
10
BitMartBitMart
ETH/USDT$0.998901$1.08BTrade →
11
BloFinBloFin
BTC/USDT$0.998931$875.9MTrade →
12
PionexPionex
ETH/USDT$0.998801$864.8MTrade →
13
BitgetBitget
BTC/USDT$0.9988$835.6MTrade →
14
HibtHibt
BTC/USDT$0.998901$779.6MTrade →
15
GroveXGroveX
ETH/USDT$0.998901$775.9MTrade →
16
Crypto.com ExchangeCrypto.com Exchange
BTC/USDT$0.99926$759.5MTrade →
17
WebseaWebsea
BTC/USDT$0.997008$629.4MTrade →
18
KuCoinKuCoin
BTC/USDT$0.9989$573.5MTrade →
19
ZoomexZoomex
BTC/USDT$0.998901$544.2MTrade →
20
WEEXWEEX
ETH/USDT$0.998901$536.5MTrade →

* Trust score and volume data provided by CoinGecko. Always DYOR before trading.

Tether Whitepaper Summary

Overview

The Tether whitepaper outlines a protocol to digitize fiat currencies, creating a decentralized and borderless asset that maintains a stable value. It addresses the volatility of traditional cryptocurrencies like Bitcoin by fully backing the digital token with physical fiat reserves.

Technology

Originally launched on the Omni Layer protocol built on top of the Bitcoin blockchain, Tether has since expanded to multiple blockchains including Ethereum (ERC-20), Tron (TRC-20), Solana, and others. This multi-chain approach ensures fast settlements and low transaction costs across different decentralized ecosystems.

Tokenomics and Reserves

Tether's supply is entirely elastic and driven by market demand. When users deposit fiat, new USDT is minted. When users redeem fiat, USDT is burned. The value proposition relies heavily on the transparency of the reserves backing the token.

USDT Total Supply = Total Fiat + Cash Equivalents in Tether Limited Reserves
All data, metrics, and summaries presented on this page are based on the sources and methodologies described in our About page.