Tether

Tether

USDT #3
AAA 100% Stablecoin
Watch

Project Safety Score: 100%

Updated 4 minutes ago
TetherUSDT
Market Cap$189534461371
24hr Volume$33242423984
24hr Change0.0%
Price$0.999721
Coverage: 1 bucket · 100% resolved
Scoring rubric: Stablecoin - scored on peg stability (placeholder)
Peg Stability
100 AAA
100% · medium

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USDT Tether Details
Type
Stablecoin
Launched
2014
HQ
El Salvador
Team
Anonymous
StablecoinsUSD StablecoinSolana EcosystemAvalanche EcosystemNear Protocol EcosystemCelo EcosystemEthereum EcosystemTezos Ecosystem

Tether (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.

View whitepaper ↗ (2016)
Quality: high
Max supply: 0
  • CFTC 2021-10-15
    Fined $41 million for misleading statements about USDT's backing
  • freeze 2026-04-23 · $344000000
    Tether froze $344 million in USDT on Tron after U.S. authorities flagged wallets for illicit activity.
  • 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

avalanche · 0x9702230a8ea53601f…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
ethereum · 0xdac17f958d2ee523a…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Deploy Date
Nov 28, 2017
ethereum
Deployer
0x36928500bc1…
Total Holders
13656607
Top 10 Hold
46.7%
Top 50: 61.5%
Top Holders
  • 0xf977814e90da44bfa… 19.69%
  • 0x47ac0fb4f2d84898e… 9.27%
  • 0x835678a611b286840… 5.94%
  • 0x6c96de32cea08842d… 3.74%
  • 0x5754284f345afc66a… 2.40%
  • 0x22132139bf7f3921b… 1.41%
  • 0xb0a27099582833c0c… 1.31%
  • 0x5a52e96bacdabb82f… 1.21%
  • 0x5ca38fb7cf2b58702… 0.87%
  • 0x28c6c06298d514db0… 0.83%
Source: ethplorer · Etherscan

View on Chain

Discussion
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71%
Profile Status
Data completeness
Some data missing
Medium confidence

Market Stats

All-Time High$1.32
All-Time Low$0.5725
Circulating189588224248
Total Supply195055164483

Community Sentiment

👍 71% 29% 👎

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me