Project Safety Score: 100%
Updated 4 minutes agoTether (USDT) is a cryptocurrency designed to maintain a value equivalent to the U.S. dollar, thereby functioning as a stablecoin. It is issued by Tether Limited, which is incorporated in Hong Kong and operates under the laws of the British Virgin Islands. Tether aims to provide stability in the volatile cryptocurrency market and to facilitate liquidity for exchanges that experience challenges with fiat banking. It claims to be fully backed by reserves of USD and can be used on various exchanges to trade for other cryptocurrencies.
The digital currency operates using blockchain technology and can be transferred to any Omni Layer-enabled wallet. Tether is commonly utilized for trading purposes on platforms like Poloniex and Bittrex. While Tether does not impose transaction fees, users may incur costs when converting USDT to USD or vice versa through the Tether.to platform or when using external wallets and exchanges.
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Peg stability score 100 out of 100 (AAA). Tether demonstrates outstanding peg stability, with a current price of $0.9997, only a minor deviation from its target of $1. This indicates a strong ability to maintain its value, as evidenced by its substantial market capitalization of approximately $189.5 billion. This level of stability is crucial for a stablecoin, ensuring reliability for users engaged in trading and transactions.
The project has verified social accounts on platforms such as Facebook and Twitter, but specific follower counts are not available. The presence of these accounts may contribute to community engagement and transparency, which are important factors for user trust and participation in the ecosystem.
While Tether has achieved a perfect safety score, investors should remain mindful of the inherent risks present in the cryptocurrency space. Factors such as regulatory changes and market fluctuations can impact the stability and perception of stablecoins, necessitating ongoing vigilance and informed decision-making.
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CFTC 2021-10-15Fined $41 million for misleading statements about USDT's backing ↗
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freeze 2026-04-23 · $344000000Tether froze $344 million in USDT on Tron after U.S. authorities flagged wallets for illicit activity. ↗
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El País · 2025-11-26
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CFTC · 2021-10-15
- ✓Widely used as a stablecoin in the crypto market
- ✓Assisted in freezing illicit funds in coordination with U.S. authorities
- ✗Lack of transparency in reserve holdings
- ✗Regulatory fines for misleading statements
- ✗Exposure to high-risk assets in reserves
Price Chart
Contract Security
0x9702230a8ea53601f…0xdac17f958d2ee523a…On-Chain Facts
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0xf977814e90da44bfa…19.69% -
0x47ac0fb4f2d84898e…9.27% -
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0x22132139bf7f3921b…1.41% -
0xb0a27099582833c0c…1.31% -
0x5a52e96bacdabb82f…1.21% -
0x5ca38fb7cf2b58702…0.87% -
0x28c6c06298d514db0…0.83%
