Tether price today (USDT to USD)
Live price, 7-day chart, market cap and 24-hour range, updated every minute
- 7-day change
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- 24h high
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- 24h low
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- Market cap
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- 24h trading volume
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- Market cap rank
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- Circulating supply
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- All-time high
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- All-time high date
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- From all-time high
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Tether (USDT) is the largest stablecoin: a crypto token designed to always be worth $1, issued by the company Tether. Tether says every USDT is backed by reserves, mostly US Treasury bills. It's used mainly for trading and for moving dollars across borders, on blockchains such as Tron and Ethereum. Full Tether fact sheet →
What moves the Tether price
Tether is a stablecoin, so its price is designed to stay very close to $1. Small moves above or below $1 come from supply and demand on exchanges. A large, lasting move away from $1 (a "depeg") is a warning sign about its reserves or redemptions. See what is a stablecoin.
What the numbers mean
- Price is the latest traded price in US dollars, averaged across exchanges. The price on your exchange can differ a little, and buying usually costs more than the quoted price because of spreads and fees (see the true cost calculator).
- 24h change compares now with the price exactly 24 hours ago, and 7-day change with a week ago. The chart shows hourly prices over the last 7 days.
- Market cap is price × coins in circulation. It's a snapshot of size, not money invested (market cap explained).
- Volume is how much was traded in the last 24 hours across tracked exchanges.
- All-time high is the highest price ever recorded and how far today's price is from it.
Key facts
| Launched | 2014 (originally as "Realcoin") |
|---|---|
| Issued by | Tether (CEO Paolo Ardoino; headquartered in El Salvador since 2025) |
| Type | Dollar stablecoin, issued as a token on many blockchains |
| Supply | No fixed limit: about 183 billion USDT at September 30, 2026, per Tether's attestation |
| Backing (Q3 2026 attestation) | About $191.5 billion of assets: mostly US Treasury bills and repos, plus gold, bitcoin, secured loans and other investments |
| Checked by | Quarterly attestations by the accounting firm BDO (not a full audit) |
Prices can fall fast and far, and crypto payments usually can't be reversed. Nobody can reliably tell you where the price goes next; be wary of anyone who claims to. Read how to research a crypto and common scams first.
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Live price data by CoinGecko. Prices are for information only and may be delayed. Not financial advice.