Market cap:$0
0%
FGI:0
0%
Cryptocurrencies:--
Markets:--
ETH Gas:--
English
USD
USDT ( Global )
$1.0084
-0.13%
$1.0084฿0.00004221
Low:$1.0065
High:$1.0122
Market Cap
$67,040,426,458.86
Volume(24H)
$572,265,413.39
All-Time Low$0.57252100
All-Time High$1.2102
ROI100.84%
Circulating Supply
66,517,962,690 USDT
205.8%
Max Supply
66,517,962,690 USDT
Total Supply
32,313,908,246 USDT
24h
-0.13%
7d
0.15%
30d
0.5%
3mo
0.79%
6mo
0.86%
1y
0.43%
All
- -
K Line
Trend
1d
1w
1mo
6mo
1y
3y
All
Tether USD (USDT) Intro

USDT is Tether's token based on stable value currency (USD). Tether was one of the first cryptocurrencies to link its market value to fiat currency. Tether, launched in July 2014 and originally called "Realcoin", sets the value of each token at $1.00 to reduce the friction of moving real money around the entire cryptocurrency ecosystem. 1USDT=1 US dollar, and users can exchange 1:1 between USDT and USD at any time.

Teda is a virtual currency that links a cryptocurrency to the U.S. dollar, the legal tender. Each Teda coin is symbolically linked to a government-backed legal tender. Teda is a virtual currency that is stored in a foreign exchange reserve account and supported by legal tender. This method can effectively prevent the price fluctuation of cryptocurrency. Basically, the value of a Teda coin is equal to 1 US dollar. Tether and other similar cryptocurrencies are known as "stabocoins" because of the company's strict 1:1 reserve guarantee for each US issued. Tether, the largest stablecoin by market capitalization, allows users to exchange USDT for U.S. dollars and conduct money inquiries on the Tether platform to ensure transparency.

Tether is the best solution for bitcoin traders and exchanges facing the difficulties of traditional banking. USDT is a cryptocurrency asset implemented through the Omni layer protocol for conducting bitcoin blockchain transactions. Each USDT unit is backed by a Tether dollar deposit, which can be redeemed through the platform. USDT can be used to transfer, store, pay for consumption, etc. Just like Bitcoin or any other cryptocurrency, users can make transactions and USDT deposits between wallets that support Omni layer protocols such as Ambisafe, Holy Transaction or Omni Wallet.

USDT and other Tether currencies are all set up to speed up the circulation of national currencies, to provide users with a stable currency of consideration for Bitcoin, and to support cash exchange and currently untrusted wallet value auditing. USDT provides an alternative proof of solvency through value reserves assurance.

Under the Tether Reserves proof system, the recycling of USDT can be easily checked on the Bitcoin blockchain through the OmniExplorer. Info tool, while the total amount of US dollars held as endorses can be verified by publishing bank balances and periodic professional partial audits.

Anyone can see how the USDT is being recycled at omniExplorer.info. The total amount of USDT at any point in time represents the total amount of DOLLARS in Tether's current bank account, which will be responsible for cash purchases and acceptance on Tether.

Base data
We use cookies to offer you a better experience, analyze site traffic, personalize content, and serve targeted AD. Read about how we use cookies and how you can control them on our Privacy Policy. If you continue to use this site, you consent to our use of cookies.
MyTokenMyToken is a leading one-stop crypto platform that provides global cryptocurrency, real-time tickers, chart, data analysis such as ranking, ratings, wallet and global industry news.

MyToken aims to provide aggregated crypto market information across various exchanges. We aim to build a healthy cryptocurrency investment platform and provide investors with the most objective data, information and tools to help them understand the blockchain industry and projects in-depth. By integrating data, UGC, community and ecosystem services together, we effectively reduce decision-making costs.

Our mission is to create a new ecosystem of cryptocurrency investment. We are growing fast globally.
© 2022 MyToken. All Rights Reserved