USDT which is also known as Tether is the first and most used stable coin in the crypto world. USDT price is always equal to 1 USD. USDT is used as a medium currency because the other cryptocurrency prices fluctuate sharply. Tether was mainly built on Ethereum and Bitcoin blockchains and later launched on other major blockchains too. The company claims to hold enough reserves for each USDT they issued.
With a total market cap of over $78.9 billion, Tether is the No. 3 cryptocurrency by market size. The currency symbol for Tether is USDT. The total supply of Tether is 78.4 billion coins.
We found savings accounts offering up to 2600% APY on Tether deposits and loans as low as 4.5% APR against Tether used as collateral. Check out our Tether staking yields table and Tether loan rates table for further details.
The technical price analysis for Tether below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Tether.
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Tether FAQs
QWhat was the highest price that Tether ever reached?
AThe highest price that Tether ever reached was $1.32 USD. This all time high price occured on 24 Jul 2018.
QWhat was the lowest price that Tether ever reached?
AThe lowest price that Tether ever reached was $0.57252 USD. This all time low price occured on 2 Mar 2015.
QIs Tether a stablecoin?
AYes Tether is a stablecoin which means that it's value is pegged to a fiat currency and should maintain a fairly constantly exchange rate with that currency.
QWhat ecosystem is Tether part of?
ATether is part of the Avalanche, Moonriver, Injective, Optimism, Arbitrum Ecosytem, Bnb Chain and Solana ecosystems.
QIs it possible to stake Tether to generate passive income?
AYes, staking is available for Tether on a number of platforms. For a full list of Tether staking yields see our list of Tether staking yields.
QHow much can I earn staking Tether?
AYou can earn up to 2600% APY by staking your Tether tokens. Check out our Tether staking yields table for further details.
QWhere is the best place to stake Tether?
ARight now the best staking rates are on Uniswap with an income rate of up to 2600% APY.
QIs it a good time to buy Tether?
AYou can check the technical indicators for Tether on the Tether Price Trend tab. These indicators are based on the analysis of multiple trading signals for Tether.
QWhere is the best place to buy Tether?
AYou can find the cheapest exchange on which to buy Tether on the Tether Buy tab.
QWhich crypto wallets support Tether?
AYou can check which wallets support Tether on the Tether Wallets tab.
QCan you get a Tether loan without collateral?
AAlmost all Tether loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Tether flash loans which allow you to borrow uncollateralised Tether for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Tether loans on the Tether Loans tab.
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