2721 Cryptocurrencies
Total Market Cap $259.94B
Total Volume (24h) $5.04B

Tether Tether star

-0.0002 (-0.02%)

USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency.

USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process.

In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.

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Market Share 0.81%
Proof Type
Open $0.96
Low $0.95
High $0.97
Price in BTC 0.00014609722606 BTC
Current Supply 2,206,421,760 USDT
Market Cap $2,110,442,368
24h Volume (coin) 4,947,748 USDT
24h Volume (currency) $4,769,821
24h Total volume (coin) 11,920,809 USDT
24h Total volume (currency) $11.44M
Last Updated 2018-10-18 12:15:56 -04:00 EDT
ID Market Type Price Quantity Total
Date Price Volume (24h)

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