Tether Price

Coin Prices

WETH

$3,426.45

-2.40%

Price data by

DecryptTether

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Tether

usdt

$0.999

0.00789%

Stablecoins

USD Stablecoin

Solana Ecosystem

Avalanche Ecosystem

24-Hour Range

$0.999

$1.00

Low

High

Market Cap (Mcap)

Rank

Mcap

$184.02B

Fully Diluted Mcap

$189.49B

Supply

Circulating

184,044,208,800

Total

N/A

Created On

N/A

All Time High (ATH)

ATH

$1.32

ATH Change

-24.42%

ATH Date

Jul 24th, 2018

Total Value Locked (TVL)

TVL

N/A

MCap to TVL Ratio

N/A

FDV to TVL Ratio

N/A

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Tether Chart

Price

Volume

Market Cap

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Learn about Tether

What Are Stablecoins and How Do You Use Them?

Stablecoins are cryptocurrencies that claim to be backed by fiat currencies. Unlike cryptocurrencies like Bitcoin, their prices remain steady.

What Is Tether (USDT), the Token With the Record $83.6 Billion Market Cap

Tether is a type of cryptocurrency known as a stablecoin, that’s pegged to the price of the U.S. dollar. Here’s everything you need to know.

Tether News

Nov 6, 2025

Markets

Ark Invest's Cathie Wood Slashes Bitcoin Price Target Over Growing Stablecoin Mania

Outspoken Bitcoin investor Cathie Wood said Thursday that she's becoming less bullish on the leading cryptocurrency's price prospects because of how useful stablecoins are proving to be. The CEO and CIO of Ark Invest said in an interview with CNBC that instead of giving Bitcoin a bullish price target of $1.5 million per coin by 2030, she now expects it to hit $1.2 million by that year. While still a sizable increase from Bitcoin's current price, that's a substantial cut from the previous target...

by Mat Di Salvo · 3 min read

Nov 4, 2025

Law and Order

US Treasury Sanctions Web of North Korean Bankers Tied to Global Crypto Crime Operation

The U.S. Treasury Department issued sanctions Tuesday against a slew of expat North Korean bankers, who are accused of laundering stolen crypto to aid the pariah state’s weapons programs. Eight such bankers, primarily based in China and Russia, were sanctioned today for their role in allegedly laundering funds destined for North Korea. A portion of those funds were traced back to crypto thefts pulled off by North Korean ransomware attackers and IT-related scams, the Treasury said. The fresh s...

by Sander Lutz · 2 min read

Nov 3, 2025

Business

Morning Minute: Tether Prints $10 Billion in Profit

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors fall in overnight selloff, with damage accelerating this morning Bitcoin ended October red for the first time in 7 years Trump distances himself from CZ, says he “didn’t know” him Microsoft inks $9.7B deal with Bitcoin miner IREN Tether nets $10B in profits s...

by Tyler Warner · 4 min read

Oct 31, 2025

Business

Tether Reports $10 Billion Profit in 2025 So Far—Here's How That Compares to the Big Banks

Tether reported a massive profit of $10 billion for the first three quarters of 2025 Friday, putting the world’s top stablecoin issuer in the same league as Wall Street titans. Tether’s performance so far this year rivals that of the most profitable banks in the world—and has even eclipsed that of some of America’s top financial institutions. The USDT issuer’s reported net income is greater than that of Bank of America, for example, which notched an $8.9 billion profit in 2025’s first three fi...

by Sander Lutz · 3 min read

Oct 18, 2025

Business

'Only $250K?' Jack Dorsey Prods Tether Over Donation to Support Bitcoin Devs

Sometimes it can be easier to say nothing at all. This week, stablecoin giant Tether announced a $250,000 donation to OpenSats to support Bitcoin developers—only for one of the world’s best-known programmers (and Bitcoin maximalists) to publicly chastise the size of the gift. Twitter co-founder and Square CEO Jack Dorsey lampooned the donation Thursday on X, shortly after it was touted by Tether’s CEO, Paolo Ardoino. “Why only $250K?” Dorsey replied curtly to Ardoino. why only $250k? — jack (...

by Sander Lutz · 2 min read

Oct 16, 2025

Markets

Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market

Payments giant Visa thinks stablecoins could play a big role in the $40 trillion global credit market, the company said in a new report. Visa’s new report doesn’t claim that on-chain lending will reach $40 trillion. Instead, it argues that stablecoin-based lending could open the door for traditional institutions to bring parts of the $40 trillion global credit market onto programmable, blockchain-based rails. “For banks and financial institutions, this represents both an opportunity and an imper...

by Stacy Jones · 3 min read

Oct 14, 2025

Law and Order

Tether Pays $300 Million to Settle Celsius Lawsuit Over $4.5 Billion in Bitcoin

The Blockchain Recovery Investment Consortium (BRIC), a partnership between investment firms GXD Labs and VanEck, announced that stablecoin giant Tether has paid $299.5 million to settle claims from the Celsius Network bankruptcy estate. The payment resolves an adversary proceeding filed in August 2024 in the U.S. Bankruptcy Court for the Southern District of New York, and the settlement represents a fraction of the value of funds that Celsius sought to recover from Tether. Tether had publicly r...

by Andrew Hayward · 3 min read

Sep 25, 2025

Markets

Plasma Debuts XPL at Massive Multiple of ICO Price—And Hands Out Millions in Free Tokens

Stablecoin blockchain Plasma launched its mainnet in beta on Thursday, with its native XPL token going live alongside it. Investors who bought into Plasma’s massive initial coin offering, or ICO, earlier this year are up massively. And Plasma confirmed to Decrypt that every single participant in Plasma’s pre-deposit ICO scheme has been sent $8,390 worth of XPL—even if they didn’t actually buy tokens via the ICO. Plasma’s XPL token peaked at $1.54 a piece shortly after its debut before dropping...

by Ryan S. Gladwin · 4 min read

Sep 22, 2025

DeFi

Plasma to Launch Stablecoin-Native Neobank After This Month’s ‘Mainnet Beta’

Plasma is preparing to launch its own neobank, Plasma One, sometime after its stablecoin blockchain hits mainnet later this month. Its card claims it will offer 4% cash back on spending, an over 10% yield on balances, and international coverage. Users of Plasma One will be able to load their card with the stablecoins of their choice—starting with USDT and slowly expanding—and then pay directly from this balance via the physical or virtual card. The prepaid credit card is set to use the Plasma bl...

by Ryan S. Gladwin · 3 min read

Sep 12, 2025

Business

Tether Coming to America: Reveals 'US-Regulated' USAT Stablecoin, With Its Own CEO

Stablecoin giant Tether furthered its push into the United States on Friday, announcing a previously teased U.S.-specific stablecoin designed to comply with new laws. The token project, dubbed USAT, will be led by Bo Hines, former executive director of the White House’s digital assets working group. Hines will serve as USAT's CEO from Charlotte, North Carolina, where he and his family are based. Hines left the Trump administration last month, and immediately signed on as Tether’s strategic advi...

by Sander Lutz · 5 min read

Sep 9, 2025

Law and Order

California Man Sentenced in $37M Crypto Scam Amid Ongoing DOJ Crackdown

Shengsheng He, a California man who helped launder nearly $37 million stolen from U.S. investors through a global cryptocurrency scam, was sentenced Monday to 51 months in federal prison and ordered to pay $26.9 million in restitution, federal prosecutors said. A resident of La Puente, California, He pleaded guilty in April to conspiracy to operate an unlicensed money transmitting business. According to the Justice Department, He co-owned Axis Digital Limited, a Bahamas-based company used to rec...

by Jason Nelson · 3 min read

Aug 19, 2025

Business

Tether Appoints Trump Administration Vet Bo Hines as Strategic Advisor

Stablecoin issuer Tether has appointed Bo Hines, who recently left his post as President Trump’s crypto adviser, as its strategic advisor for digital assets and U.S. strategy on Tuesday. According to a press release issued by Tether, Hines will collaborate with the firm's leadership team to “shape and execute the company’s U.S. market entry.” This will include “cultivating constructive relationships” with policymakers and industry stakeholders. Thrilled to join @Tether_to! Huge thanks to @paolo...

by Ryan S. Gladwin · 3 min read

Aug 7, 2025

Law and Order

Crypto Scammers Targeting TikTok Shop Users: Report

Crypto scammers are increasingly targeting a new platform: TikTok. According to a report by the cybersecurity firm CTM360, fraudsters are deploying "sophisticated tactics" to deceive victims. A new campaign called "ClickTok" blends phishing and malware, preying on unsuspecting users attempting to make purchases through TikTok Shop. Fake ads on Meta, as well as AI-generated TikTok clips mimicking influencers, are used to draw people in. They are then directed to fraudulent domains that closely re...

by Connor Sephton · 2 min read

Jul 31, 2025

Business

Tourists Can Now Withdraw Cash With USDT via Kaia ATMs in South Korea

Foreign visitors to South Korea can now use select crypto-enabled kiosks to convert stablecoins into cash at major tourist destinations, in an experiment that offers a glimpse into how the country is warming to the idea of digital asset payments. Built and operated by South Korean blockchain firm DaWinKS in partnership with the Kaia DLT Foundation, the machines support Kaia-issued USDT, a version of Tether’s stablecoin on the public blockchain formed from the merger of Klaytn and Finschia, two p...

by Vince Dioquino · 3 min read

Jul 18, 2025

Business

Tether's CEO Says USDT Is Coming to America—And Circle’s CEO Isn’t Afraid

Minutes after President Donald Trump signed the GENIUS Act into law, the CEOs of the world’s two largest stablecoin issuers laid out their plans for complying with the landmark legislation, with each making the case that their own company is better suited to America’s new regulatory landscape. Paolo Ardoino, CEO of Tether, the world’s top stablecoin issuer, told Decrypt Friday his company intends to make sure USDT—its flagship dollar-pegged token—complies with the GENIUS Act’s regime for foreign...

by Sander Lutz · 3 min read

Jul 16, 2025

Law and Order

DEA, FBI Have Seized $10 Million in Crypto From Mexican Drug Cartel Sinaloa This Year

A new U.S. Department of Justice report highlighted that the Drug Enforcement Administration, or DEA, seized more than $10 million in cryptocurrency from Mexican drug cartel Sinaloa. The report didn’t specify what type of cryptocurrency was seized. But it did say it was seized in Miami and was taken as part of a wider operation that includes California, Texas, Georgia and other states. According to the report, over 44 million fentanyl pills, more than 4,500 pounds of fentanyl powder and nearly 6...

by Luke Edwards · 2 min read

Jul 11, 2025

Coins

Tether to End USDT Redemptions on Bitcoin Cash, Algorand and Beyond

Stablecoin issuer Tether is ending its USDT support for five blockchains effective on September 1, the company announced on Friday, ending redemptions and freezing the remaining assets on those blockchains. Last June, the firm ended its minting function on Algorand and EOS (now called Vaulta), meaning it would no longer issue new stablecoins on those chains. In 2023, it announced the same for Bitcoin Cash, Kusama, and Omni Layer Protocol. Now, Tether has put a hard end date on its stablecoin s...

by Logan Hitchcock · 2 min read

Jul 10, 2025

Business

Agora Raises $50 Million to Power Next Wave of Stablecoins

Stablecoin platform Agora has raised $50 million in a Series A round led by Paradigm, with additional backing from Dragonfly Capital, as it seeks to capitalize on growing interest in the potentially lucrative sector. The funding will support the expansion of Agora’s all-in-one system for issuing and managing stablecoins, as well as the introduction of its new white-labeled stablecoin product, the company announced Thursday. The raise comes as the U.S. Congress is considering stablecoin legislati...

by Jason Nelson · 2 min read

Jul 3, 2025

Law and Order

Scammer Posed as Trump-Vance Official to Steal $250K in Crypto, DOJ Says

A scammer located in Nigeria allegedly impersonated a top Trump-Vance Inaugural Committee official and conned a donor out of $250,000 in crypto by exploiting a barely noticeable typo, U.S. prosecutors said Wednesday. Posing as Steve Witkoff, co-chair of the Trump-Vance Inaugural Committee, the scammer reportedly sent the victim an email on December 24, 2024, from "@t47lnaugural.com," replacing the lowercase "i" in the legitimate "@t47inaugural.com" with a lowercase "l" that appeared nearly ident...

by Vismaya V · 3 min read

Jun 27, 2025

Business

Will Circle and Tether Soon Face Thousands of Stablecoin Competitors? Unlikely, Says Moody’s

Ask any pro-crypto lawmaker or industry leader, and they’ll tell you stablecoins are about to take over the world. Earlier this month, the Senate passed a landmark bill to formally legalize stablecoin issuance in the United States—legislation that parties involved have promised will, once signed into law, unleash the promise of instantaneous blockchain payments on all corners of the U.S. economy. Crypto leaders have forecasted that once the federal government gives the green light, hundreds of...

by Sander Lutz · 4 min read