Understanding USDT (Tether)
USDT, commonly known as Tether, is a stablecoin pegged 1:1 to the US dollar. As of the latest data:
- Current Price: ≈$1.0003
- Market Cap Rank: #3
- Circulating Supply: 156,691,510,868.98 USDT
- 24H Trading Volume: ¥311.83 billion
Key Metrics
- BTC Correlation: -0.81
- Historical High: ¥-- (Nov 12, 2017)
- Historical Low: ¥-- (Feb 2, 2018)
- Investment ROI: +0.03%
USDT Market Overview
Price Trends
- 24H Range: ¥-- (Low) to ¥-- (High)
- 7D Range: ¥-- to ¥--
- 30D Range: ¥-- to ¥--
Historical Performance
| Period | High ($) | Low ($) |
|---|---|---|
| 2019 Monthly | -- | -- |
| 2020 Monthly | -- | -- |
USDT Trading Insights
Exchange Data (Top Platforms)
| Platform | Latest Price (¥) | 24H Volume | % of Total |
|-----------|------------------|------------|-----------|
| -- | -- | -- | -- |
FAQs About USDT
1. What is USDT used for?
USDT stabilizes crypto portfolios by mirroring USD value, enabling seamless trading and hedging against volatility.
2. How does USDT maintain its peg?
Tether claims to back each USDT with equivalent USD reserves, though audits remain a topic of debate.
3. Is USDT safe to invest in?
While widely used, risks include regulatory scrutiny and reserve transparency—diversify investments cautiously.
4. Where can I store USDT?
Supported wallets include Trust Wallet, Ledger, and MetaMask.
5. Why does USDT’s price fluctuate slightly?
Minor deviations occur due to market demand, liquidity gaps, or exchange-specific factors.
Historical USDT Data
| Date | Open ($) | High ($) | Low ($) | Close ($) | Volume ($) |
|------------|---------|---------|--------|----------|-----------|
| -- | -- | -- | -- | -- | -- |
Data sourced from third-party platforms. Use for research only; verify independently before trading.
Key Takeaways
- USDT dominates stablecoin liquidity with a $156B+ supply.
- Monitor exchange-specific rates for arbitrage opportunities.
- Historical stability makes it a preferred choice for crypto-fiat transitions.
For real-time tracking: 👉 USDT price alerts