Tether (USDT) price, chart and guide
Explore Tether (USDT) price, market cap, trading volume, token fundamentals and frequently asked questions on Crypto Loop.
Price: $0.999412 USD · 24-hour change: -0.03395% · Provider update: 2026-10-08T14:20:41.000Z
- Market capitalisation
- $183968837420
- 24-hour volume
- $67979933865
- Rank
- 3
- Circulating supply
- 184,088,295,340.26
- Total supply
- 189,555,241,729.79
- Fully diluted valuation
- $189,508,143,239.00
- All-time high
- $1.32
- All-time low
- $0.5725
- Market-cap rank
- #3
What is Tether?
Tether USDt is a dollar-referenced stablecoin issued by Tether. Tokens circulate on several blockchains and are designed to track the US dollar rather than appreciate like a conventional cryptoasset.
How the network works
USDt is issued and redeemed by a central company under its terms. A transfer on one blockchain is not interchangeable with a transfer on another: check the exact network and token address before sending.
Token utility and supply
The peg depends on reserves, redemption access, market liquidity and confidence in the issuer. A target price of one dollar does not make a stablecoin equivalent to an insured bank deposit.
Understanding the USDT price
The Tether price changes as buyers and sellers trade across venues. Liquidity, available supply, project developments and broader market conditions can all matter. The USD quote and seven-day chart help compare recent movement; they do not predict the next move.
Market capitalisation is price multiplied by circulating supply. It is not the amount of cash invested in a token, and a large market cap does not mean every holder can sell at the displayed price.
Liquidity, valuation and risk
Trading volume measures reported activity over a period. Compare it with market capitalisation and the liquidity available at the venue you actually use. Thin order books can produce large differences between a displayed price and the price of an order.
Review token releases, ownership concentration, network security and custody arrangements. Avoid confusing nominal staking rewards with a guaranteed dollar return. Wallet transactions may be irreversible, and smart contracts, bridges and centralised providers introduce different risks.
Further reading
Frequently asked questions
What is Tether (USDT)?
Tether USDt is a dollar-referenced stablecoin issued by Tether. Tokens circulate on several blockchains and are designed to track the US dollar rather than appreciate like a conventional cryptoasset.
How is the USDT price calculated?
The displayed USD quote comes from CoinGecko's aggregated market data. Prices can differ between exchanges because of liquidity, trading pairs, fees and timing. Check the data timestamp before relying on a quote.
What is Tether's market capitalisation?
Market capitalisation is the current price multiplied by circulating supply. The displayed figure is $183,968,837,420.00 at the provider's reported update. It describes valuation, not guaranteed sale proceeds or cash invested.
Why does the USDT price change?
Supply and demand, liquidity, network developments, token releases and broader market conditions can affect USDT. A recent price move alone does not establish its cause or predict future performance.
Can I buy USDT on Crypto Loop?
Crypto Loop provides market information and education. Trading is not available on this website. Compare providers' jurisdiction, custody, fees and risks before using another service.
How should I research Tether?
Start with the project's official documentation, then examine token supply, releases, security history and real network usage. Compare independent sources and understand how you would hold the asset. Past performance is not a guarantee of future returns.