CMD
Sign In

Coin Market Daddy

Coin Market Daddy

Real Time Coin Prices, ICO's, Exchanges, Reviews, Charts, Portfolio and Coin Market Cap

Tether

 USDT

 Rank 4

 Token   Omni


Good   4/5 (1 Review)

$1.01 (0.39%) 

USDT/RUB Active Markets

 Trading on 2 Exchanges

Tether Resources

Tether Active Markets by Volume

No. Exchange Pairs Price Volume (24h) Volume (%) Updated
1 USDT/RUB $1.03 $148,617 2.59% Recently
2 USDT/RUB $0.99351700 $5,071 0.09% Recently

Tether (USDT) Ranked 4 in Coin Market Daddy Currencies Index. Tether (USDT) price is $1.01. It has a current circulating supply of 4,108,044,456 USDT and a Marketcap of $4.14B. Today Tether price is up (0.39%). $5.74M 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.

Cryptocurrency calculator & converter

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.

Share this Page
         

Recent Tether (USDT) Reviews

Helping peoples to know other views before trading or investing in Tether (USDT)
Good Over all 4/5 Ratings based on 1 Review

Tether Limited is the company behind the Tether Tokens. These tokens are supported by actual fiat currency assets that include Euros, USD, a...

Date Reviewed: 25 May 2018
  4/5
         

supported by actual fiat currency

Tether Limited is the company behind the Tether Tokens. These tokens are supported by actual fiat currency assets that include Euros, USD, and soon will be supporting Japanese Yen too. In other words, you can say it is a digital currency which can convert digital currency into conventional currencie...