Tether USDT Tether USDTLooking for Tether? Find USDT Price, Exchanges, Reviews, Chart, Historical Data & USDT Marketcap
USDT
Rank 5
Token Omni
Tether (USDT) Ranked 5 in Coin Market Daddy Currencies Index. Tether (USDT) price is $1.02. It has a current circulating supply of 1,856,421,736 USDT and a Marketcap of $1.89B. Today Tether price is down (-0.19%). $11.95M worth of Tether (USDT) has been traded in the past 24 hours. Tether (USDT) currency type is token (Omni). USDT trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Tether (USDT) and contribute to CMD Cryptocurrency Encyclopedia.
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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We have a big announcement! Today we are proud to launch a redesigned platform for the verification of new customer… https://t.co/pTYeEDLM7z
We are pleased to be able to confirm that Tether has an account with Deltec Bank & Trust Limited… https://t.co/YKm8NTFR6g
Tether has just destroyed 500M USDt from the Tether treasury wallet with the following tx: https://t.co/HTG52LaRVh… https://t.co/jtqXeXcZMc
Traditional systems take time to adapt to the pioneering work taking place in this space. https://t.co/ykapXrhEqJ
RT @Omni_Layer: We are experiencing an issue with the parsing engine that feeds data to Omniexplorer and Omniwallet. It is being investigat…
BTC Dominance: 54.4%
ETH Dominance: 8.6%
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