= 0.000036352102 BTC
(+2.72%) | =
0.000571618598 ETH
(+3.63%)
Low: $1.0009High: $1.0020
24H
24H Low / High
7D Low / High
30D Low / High
90D Low / High
Market Cap$78,624,837,014
Fully Diluted Valuation♾️
24H Spot Volume$1,263,697,360
24H Volume / Market Cap0.02
(+100.00%)
Circulating Supply78,486,103,416
Total Supply78,486,103,416
Max Supply♾️
Project Start Date2014 Jul
1H-0.00%
24H+0.08%
7D-0.39%
30D+0.13%
90D+0.11%
180D+0.09%
1 Y+0.20%
YTD+0.23%
What is Tether (USDT)
Tether ($USDT) is an asset-backed cryptocurrency stablecoin launched by Tether Limited Inc, whose value is pegged to the US dollar.By TokenInsight Research
On April 25, 2019, New York Attorney General Letitia James filed a lawsuit against iFinex — the parent company of Tether Limited and Bitfinex. On February 17, 2021, iFinex settled the legal dispute with the New York Attorney General's office. iFinex, Bitfinex, and Tether Limited did not admit any wrongdoing and paid $18.5 million to settle the case.
2017 Dec
On December 5, 2017, the U.S. Commodity Futures Trading Commission issued subpoenas to Bitfinex and Tether Limited concerning the backing of minted $USDT. On October 15, 2021, Tether Limited paid a fine of $41.6 million for inaccurately claiming that minted $USDT were 100% backed by fiat USD when they were 100% backed by a combination of fiat USD and other assets.
2015 Jan
In January 2015, the cryptocurrency exchange Bitfinex enabled trading of Tether ($USDT) on their platform.
2014 Jul
The precursor to Tether, originally named "Realcoin," was announced in July 2014 by co-founders Brock Pierce, Reeve Collins, and Craig Sellars as a Santa Monica-based startup. The first tokens were issued on 6 October 2014 on the Bitcoin blockchain. This was done by using the Omni Layer Protocol. On 20 November 2014, Tether CEO Reeve Collins announced the project was renamed "Tether."