Tether
usdtRank #3$0.9992+0.11%(24h)Mcap $179.98B
◈ TL;DR+0.11% 24h
Tether (USDT) is the largest fiat‑backed USD stablecoin used as the primary trading and liquidity rail across exchanges and many blockchains.
Key strength
Its single biggest strength is unparalleled liquidity and multi‑chain availability, making it the default dollar proxy in crypto markets and emerging‑market corridors.
Key risk
Its single biggest risk is reserve opacity and regulatory/legal exposure (including the 2021 NYAG settlement), which could trigger loss of confidence and redemptions under stress.
63
/ 100
Horizon ScoreConstructiveQuick estimate
Constructive — market fundamentals is the strongest signal, technicals the weakest.
80% confidence
What drives it
Technicals
44
Fundamentals
88
Sentiment—
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of…
Supply & Tokenomics
Circulating supply180.12B USDT
97.1% of total185.59B
Market Cap
$179.98B
Fully Diluted Valuation
$185.45B
Total Supply
185.59B
Max Supply
∞
Key Metrics
All-Time High
$1.32
-24.30% · Jul 23, 2018
All-Time Low
$0.5725
+74.53% · Mar 1, 2015
24h High
$0.9993
24h Low
$0.9983
Mkt Cap Dominance
—
Volume / Mcap
0.338
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