Tether 1-Day Volume Reaches $71.74 Billion (USDT)

Tether (USDT) traded down 0% against the dollar during the 24-hour period ending at 9:00 AM ET on September 17th. One Tether token can currently be bought for approximately $1.00 or 0.00001302 BTC on cryptocurrency exchanges. Tether has a market cap of $183.27 billion and $71.74 billion worth of Tether was traded on exchanges in the last day. During the last week, Tether has traded down 0.1% against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

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• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• CateCoin (CATECOIN) traded 2.6% lower against the dollar and now trades at $0.0692 or 0.00000090 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 1.3% against the dollar and now trades at $76,692.80 or 0.99952014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Tether Token Profile

Tether’s genesis date was October 6th, 2014. Tether’s total supply is 189,330,914,157 tokens and its circulating supply is 183,442,587,856 tokens. Tether’s official website is tether.to. Tether’s official Twitter account is @tether and its Facebook page is accessible here.

According to CryptoCompare, “USDT is a stablecoin issued by Tether Limited, pegged to the US dollar and designed for use across multiple blockchains. It enables trading, payments, remittances and decentralised finance by offering a digital representation of the dollar with broad market liquidity. Tether states that each USDT is redeemable for $1 and backed by reserves comprising US Treasuries, cash equivalents and other assets. Reserve reports are published quarterly through attestations. USDT plays a central role in crypto market infrastructure and maintains the highest trading volume among stablecoins. It has undergone regulatory reviews in the US, including settlements with the NYAG and CFTC, and operates in line with its offshore framework. Tether continues to adjust its reserve composition and respond to evolving global standards while supporting the token’s role in digital finance ecosystems.”

Buying and Selling Tether

It is usually not presently possible to purchase alternative cryptocurrencies such as Tether directly using U.S. dollars. Investors seeking to acquire Tether should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tether using one of the exchanges listed above.

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