VUSDT holds a better recent technical analysis than 58% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets. While Tether was originally only available on the Bitcoin network through Omni Layer, the stablecoin is now available on several blockchains. You can now trade USDT on Ethereum, TRON, Solana, Algorand, the OMG network, and EOS. This website is using a security service to protect itself from online attacks.

  1. While Tether was originally only available on the Bitcoin network through Omni Layer, the stablecoin is now available on several blockchains.
  2. It was first released on the Bitcoin network in 2014, followed by other digital ecosystems afterwards, and has consistently been one of the top three digital currencies in the world according to market capitalization.
  3. You can now trade USDT on Ethereum, TRON, Solana, Algorand, the OMG network, and EOS.
  4. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Tether (USDT) is a stablecoin pegged to the US dollar and was the first stablecoin to exist. USDT was initially launched as Realcoin in 2014 by entrepreneur Reeve Collins, Bitcoin investor Brock Pierce, and developer Craig Sellers. Tether tokens are issued by Tether Limited, a company controlled by the owners of crypto-exchange usdt chart Bitfinex. USDT is available on most digital blockchain networks or via interoperable swaps or exchanges. It was first released on the Bitcoin network in 2014, followed by other digital ecosystems afterwards, and has consistently been one of the top three digital currencies in the world according to market capitalization.

Trade Tether with the world’s most popular crypto wallet.Over 83 million wallets created to buy, sell, and earn crypto.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Tether USDT – Market Cap

Tether is backed by a mixture of fiat and commercial paper reserves. With approval from Tether Limited, you can switch between USD and Tether, a mechanism that helps https://cryptolisting.org/ keep the stablecoin’s peg. USDT has been the subject of some controversy, as investors and regulators often claim that the stablecoin isn’t fully collateralized.

Price of USDT today

Tether has had to defend the point many times in court and still is yet to reveal a full audit of their funds. Venus USDT receives an average short-term technical score of 58 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction.