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Swap Rate
Minimum Trade
Estimated Time
5 - 30 minutes
Swap Fee
1.00 %
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USDT Coindex
Name
Tether
Symbol
USDT
Stats
Price
$ 1.00
24H Change
$ 0.0010
Market Cap
$ 4.65 B
24H Change
0.10%
Volume 24H
₮ 45.78 M
Current Supply
4,642,367,414.0
General
Start Date
10/06/2014
Last Block
02/27/20 1:44:47
Total Coins Mined
~ 4.64 B
Whitepaper
*General last updated 02/27/20 2:06:42 AM
Social
Tether, originally named Realcoin, was announced in July 2014 by co-founder Brock Pierce. The announcement of it being renamed came from Tether CEO Reeve Collins in November 2014. Tether is a fiat backed token. One Tether will always equal one unit of the currency backing it. In the example of USDT, being backed by the U.S. Dollar 1USDT will always equal to USD $1. Tether was issued on the Bitcoin blockchain through the Omni Layer Protocol.
Tether enables businesses including exchanges, wallets, payment processors, financial services and ATMs to easily use fiat-backed tokens on blockchains. Tether allows the user to store, send and receive digital tokens person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives. The primary objective is to facilitate transactions between cryptocurrency exchanges with a rate fixed to the United States Dollar.
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