USDT

Tether price

Price history, key statistics, and comparable assets for Tether.

$0.9994

0.00% ($0.000000)

USD cached quoteBinance

Historical prices

Price history

Intraday through long-term closing prices. Choose 1 day, 1 week, 1 month, 6 months, year to date, 1 year, 5 years, or all available history.

Price chart range

1Y daily closing price

$0.9994

Down -0.08% over 1Y

Range low
$0.9981
Range high
$1.00

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1Y daily closing-price chart, down 0.08 percent

Aug 11, 2025Aug 10, 2026

Point-in-time fields

Key statistics

24h previous price
$0.9994
24h range
$0.9992 to $0.9994
52-week range
$0.9981 to $1.00
24h volume
999.05M
Market cap
183.11B

Profile

About Tether

Tether (USDT) is classified as Cryptoasset. Its price comes from the timestamped Binance quote shown above; market cap and circulating supply are enriched by CoinGecko when available.

Editorial profile

Tether overview

Tether is a dollar-referenced stablecoin issued by Tether on multiple supported blockchain protocols. Tether describes its tokens as digital assets backed by reserves and provides protocol-specific issuance and redemption information. The USDT asset is therefore tied to this specific network, protocol, or issuer function rather than to a generic cryptocurrency category.

SourcesTether

USDT does not have a mining or staking consensus of its own; transfers inherit the consensus rules of each supported host network. Tether issues and redeems tokens against its reserve framework, so outstanding USDT changes with issuance and redemption rather than following a fixed cap. These mechanics describe how USDT is produced, issued, redeemed, burned, or used to secure its network; they do not imply any price outcome or investment view.

SourcesTether

A distinguishing feature is that USDT is one issuer-managed stablecoin represented across multiple blockchains rather than the native coin of a single network. Tether publishes supported-protocol guidance and reserve-related documents for those issued tokens. This named mechanism or use case is the asset-specific fact that separates USDT from tokens that may share a broad category but have different issuance, governance, or settlement designs.

SourcesTetherTether
Asset type
Stablecoin
Network
Multiple supported blockchains
Supply mechanics
Variable supply created and redeemed by Tether under its reserve and redemption framework.
Issuer or steward
Tether
Peg mechanism
Dollar-referenced reserve-backed issuance and redemption.

Primary sources

Contextual peers

USDT questions

Tether questions

Who issues USDT?

USDT is issued by Tether under the terms and reserve framework described in Tether's official information document.

What chain does USDT run on?

USDT exists on multiple Tether-supported protocols rather than on one exclusive blockchain; each representation uses its host network for settlement.

How is the USDT peg structured?

Tether describes USDT as a dollar-referenced token supported by reserves, with supply changing through issuer minting and redemption rather than a fixed-cap schedule.

Risk and data disclosure

Read before using this data

  • Cryptoassets can be highly volatile and you may lose some or all of the money you use to buy them. Crypto balances are not bank deposits and are not deposit-insured.
  • Liquidity, custody, smart-contract, protocol, network, counterparty, and stablecoin-depeg risks can affect access and value. Historical prices do not predict future results.
  • Availability and legal or tax treatment vary by location. This page is informational, not investment, legal, or tax advice, and is not an offer or recommendation.

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