Tether (CRYPTO: USDT)

USDT is a stablecoin issued by Tether Limited, pegged to the US dollar and designed for use across multiple blockchains. It enables trading, payments, remittances and decentralised finance by offering a digital representation of the dollar with broad market liquidity. Tether states that each USDT is redeemable for $1 and backed by reserves comprising US Treasuries, cash equivalents and other assets. Reserve reports are published quarterly through attestations. USDT plays a central role in crypto market infrastructure and maintains the highest trading volume among stablecoins. It has undergone regulatory reviews in the US, including settlements with the NYAG and CFTC, and operates in line with its offshore framework. Tether continues to adjust its reserve composition and respond to evolving global standards while supporting the token's role in digital finance ecosystems.

$1.00
Movement
$0.00
(-0%) Monday, May 5, 2025 at 7:00:41 p.m. Eastern Daylight Saving Time
Created with Highcharts 11.4.3Tether PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.ca

Fundamentals Tether

Last updated May 05, 2025, 07:00:41pm EDT
Current Price $1.00
Change $0.00 (-0%)
Close Price $0.00
Open Price $1.00
Bid $0.00
Ask $0.00
Day Range $1.00 - $1.00
Year Range $0.95 - $1.01
Volume 22,999,458,877
Market Cap $149,346,488,023.00

Recommendations

Could not find any current recommendations for this ticker.

All Coverage