Tether Price Down 0% This Week (USDT)

Tether (USDT) traded down 0% against the US dollar during the twenty-four hour period ending at 11:00 AM E.T. on March 10th. During the last week, Tether has traded down 0% against the US dollar. Tether has a total market capitalization of $142.86 billion and $95.76 billion worth of Tether was traded on exchanges in the last day. One Tether token can now be bought for about $1.00 or 0.00001250 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 4.2% lower against the dollar and now trades at $0.74 or 0.00000924 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 5.3% against the dollar and now trades at $80,190.13 or 1.00288588 BTC.
• SolvBTC (SOLVBTC) traded 4.4% lower against the dollar and now trades at $79,838.37 or 0.99848662 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Tether Token Profile

Tether’s launch date was October 6th, 2014. Tether’s total supply is 144,556,334,059 tokens and its circulating supply is 142,930,697,845 tokens. The official website for Tether is tether.to. Tether’s official Twitter account is @tether_to and its Facebook page is accessible here.

According to CryptoCompare, “Tether (USDT) is a stablecoin, a digital currency that is pegged to the value of US dollar. It is issued by a centralized company called Tether and is used to minimize volatility in an investor’s portfolio. It is also widely accepted as a payment method and is supported on multiple blockchains. USDT is often used in conjunction with cryptocurrency debit cards and is popular in the decentralized finance (DeFi) space for lending and borrowing. It is the third-largest cryptocurrency by market capitalization and is backed by reserves in cash and cash equivalents, allowing token holders to redeem their USDT for USD. Tether has also issued other stablecoins pegged to the value of other fiat currencies and commodities, such as the Chinese Yuan, the Euro, and gold.”

Tether Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Tether directly using U.S. dollars. Investors seeking to acquire Tether should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tether using one of the exchanges listed above.

USDT/USD price chart by TradingView