Tether
USDT1 (-0.04%)
Performance & facts
| Tether price: | 0.999 | #61 | |
| Price change 1 hour: | -0% | #44 | |
| Price change 24 hours: | -0.04% | #35 | |
| Price change 7 days: | +0.02% | #39 | |
| Price change 30 days: | -0.13% | #49 | |
| 24 hour volume: | 88m | #23 | |
| 24 hour range: | 1 - 1 | ||
| 52 week range: | 1 - 1 | ||
| Website: | https://tether.to | ||
About Tether
Tether (USDT) is the first ever cryptocurrency tied to a FIAT currency - the first stablecoin.
Tether tracks value of US dollar and runs on Ethereum blockchain, implementing the popular ERC-20 token interface standard.
Tether is very widely adopted across cryptocurrency exchanges. Many exchanges do not operate with FIAT currencies like US dollar or Euro directly but only use Tether or similar stablecoins.
Despite being the first, largest and most widely adopted US dollar stablecoin, Tether has its fair share of controversy. Critics are questioning integrity of Tether reserves and potential conflict of interest in its ties with Bitfinex exchange.
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