USDT – Tether

Live Price

tether
tether

Tether (USDT)

Price
$ 1.01

Key Info

Beta Coefficient0.0493 (Fixed Price)
CategoryCurrency

Historical Returns

Coin Ratings

Tether
SymbolCrypto ScoreVolumeVolatilityLiquidityIndustryApplicationMarketcapSupplyVolume (24h)Last 24h
USDT6.746.0210.003.006.997.71$ 2.07 B2.06 B$ 62.42 M

Coin Summary

Tether is a 1:1 US Dollar to Tether coin. It does this by issuing new coins to keep price levels around the $1 mark. Although the controversy surrounding this coin is complex, it stems from their claim to have every Tether backed by a dollar. After being dropped by their bank in mid-2017, they have yet to produce an audit verifying this claim and continue to print Tether. Although it is able to stay relatively constant, dips in the price of Tether have definitely been seen, and there are doubts to whether it is actually backed 1:1, Tether for Dollar, so the token may not actually be worth as much as they’re saying. For a full crypto coins list check out CryptoScores full Coin Index.

What is Tether?

Key Links

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