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Tether (USDT)

Tether is a cryptocurrency token claimed by its creators to be backed by one dollar for each token issued. This claim is widely doubted and Tether Limited has not issued a promised audit backing the claim. Subpoenas from the U.S. Commodity Futures Trading Commission were sent to Tether on December 6, 2017. A spokesperson for Bitfinex and Tether has said that the CEO of both firms is Jan Ludovicus van der Velde. Tether was issued on the Bitcoin blockchain through the Omni Layer Protocol. Tether claims that each unit of Tether is backed by one United States dollar held in reserve by Tether Limited, and may be redeemed through the Tether Platform. The primary objective is to facilitate transactions between cryptocurrency exchanges with a rate fixed to the United States dollar allowing traders to take advantage of high speed arbitrage opportunities without resorting to slow bank wires. As of February 2018, Tether is ranked around the 15th highest market cap cryptocurrency in the world, with a market cap around $2 billion United States dollars as of 5 February 2018

  • Ticker USDT
  • Price $1.01
  • Marketcap $2,036,650,944
  • RSI Daily 56
  • %Change(24hr) 0.25%
  • Volume(24hr) $6,699,421,401
  • Circulating Supply 2,021,459,017
  • RSI Hourly 56
 
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2 days ago

Bitcoin Climbs to the $3900 USDT Level on Binance

As of 03:00 (UTC) on Feb 20, Bitcoin has climbed to the $3,900 USDT level on Binance. The global index of Bitcoin (BTC) is outlining a level trendline at $3,900, marking $3,948.89, with an increase of…

1 week ago

BitMesh has Launched VSYS and Opened VSYS/BTC, ETH, USDT, USDC Trading Pairs

BitMesh has launched VSYS and opened VSYS/BTC, VSYS/ETH, VSYS/USDT, VSYS/USDC trading pairs. Deposits and withdrawals are available now. Please enjoy your trading on BitMesh. About VSYS V Systems…

1 week ago

Stablecoins Dominate Currency Pairings for Leading Crypto Assets

Despite the cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap.

1 week ago

Cybex Game Center Prepared You Valentine’s Day Surprise!

Today is Valentine’s Day. Have you prepared gifts for your lovers? If not, Cybex Game Center has prepared a surprise for you! See below? Cybex Bet| Launch USDT Casino Activity time: February 14th,…

3 weeks ago

Use Bitpie wallet to retrieve the USDT that was sent to the BTC address by mistake

Use Bitpie wallet to retrieve the USDT that was sent to the BTC address by mistake The Omni version of the USDT is the same as the address format of the sending and receiving addresses and the…

3 weeks ago

Tether Replaces EOS to Become 4th Largest Crypto, Shows Market is Very Weak

Stablecoin Tether (Ticker: USDT) has replaced EOS to become the fourth largest cryptocurrency by market capitalization, showing weakness in crypto markets. The inclination follows the cryptocurrency…

3 weeks ago

Crypto Bloodbath Vaults Tether to 4th in Market Cap Rankings

With a roughly 10% increase to its market capitalization, Tether (USDT) has shifted to the fourth slot in the crypto market cap rankings. The repositioning can be attributed more to the downfall of…

3 weeks ago

Crypto Bloodbath Vaults Tether to 4th in Market Cap Rankings

With a roughly 10% increase to its market capitalization, Tether (USDT) has shifted to the #4 slot in the crypto market cap rankings.

3 weeks ago

Tether Replaces EOS to Become 4th Largest Crypto, Shows Market is Very Weak

Stablecoin Tether (Ticker: USDT) has replaced EOS to become the fourth largest cryptocurrency by market capitalization, showing weakness in crypto markets

3 weeks ago

How P2P USDT INR is Better for Depositing and Withdrawing

BitbnsBlockedUnblockFollowFollowing Jan 27 With the introduction of P2P USDT, transactions have become much easier than before. P2P USDT facilitates multi-level improvements for traders in an…

4 weeks ago

Start regtest mode network cluster between Bitcoin and Omnilayer(USDT)

hwwBlockedUnblockFollowFollowing Jan 24 As we all know, omnicore is a fork of the bitcoin-core codebase. Few part of USDT was issued as ERC20 token in Ethereum platform, due to historical reasons, The…

1 month ago

What is Stablecoin, and what kind of Stablecoins are on the market now

Crypto market of 2018 was extremely sluggish. People are more interesting in stablecoin because it is a better way to avoid risks and keep cryptocurrency valuations stable. So what is Stablecoin, and…

1 month ago

Litecoin [LTC], Stellar Lumens [XLM] fall down the top-10 list as Tether [USDT] makes it to sixth position |

The cryptocurrency market has been going through a rough time after a small bullish run last week. A majority of the major coins have fallen, at the time of press. Litecoin [LTC] and Stellar Lumens…

1 month ago

Litecoin [LTC], Stellar Lumens [XLM] fall down the top-10 list as Tether [USDT] makes it to sixth position |

The cryptocurrency market has been going through a rough time after a small bullish run last week. A majority of the major coins have fallen, at the time of press. Litecoin [LTC] and Stellar Lumens…

1 month ago

Bitcoin Swings Above $3550 USDT on Binance

As of 03:00 (UTC) on Jan 17, Bitcoin (BTC) swings above $3,550 USDT on Binance, marking $3,562.61, down by 0.14% in the past 24 hours.The broad market is experiencing an uptrend, with 80 coins out of…

 
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