USDT icon Tether (ERC-20) price (USDT)

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What is Tether?

Tether (USDT) is the first widely accepted stablecoin linked to the dollar. This means that, in theory, this cryptocurrency will always keep the value of $1 dollars. On Tether's website, they claim that USDT is 100% backed by reserves of the same value. The fact that Tether's reserves with the US dollar would always remain 1:1 ensures that its rate always remains the same with the dollar. This is done by exchanging dollars at Tether to release more Tether.

Historic ROI
1 year
3 years
5 years
Price (Month)
Tether (ERC-20) Market
€102 Billion
111 Billion
Volume 24h
€21.3 Billion

Most used stablecoin

Tether is stable coin with the highest market capitalization

Widely accepted

Tether is used on almost all exchanges

Stable value

One Tether should always be around the $1 mark.

The perfect time to buy?

Tether (ERC-20) statistics from the last 24 hours

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Why buy Tether At anycoin?

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More about the Tether price

Collapse of TerraUSD

During the collapse of the algorithmic stablecoin TerraUSD other stablecoins briefly lost their peg with the dollar. Investors sold almost 10 billion dollars worth of Tether in a few days. This caused the tether to drop to $0.9485. In the weeks following this event Tether showed it’s resilience and the processes behind it ensured that the stablecoin regained it’s pegging with the dollar.


Every USDT is backed by collateral

The company behind Tether claims that every Tether is backed by collateral worth exactly 1 dollar. The value of their reserves is audited every quarter by an independent accountancy firm like BDO or Moore.

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