Tether Price

Coin Prices

BUSD

$0.99875

-0.17%

Price data by

DecryptTether

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Tether

usdt

$0.999

-0.03253%

Stablecoins

USD Stablecoin

Solana Ecosystem

Avalanche Ecosystem

24-Hour Range

$0.999

Low

High

Market Cap (Mcap)

Rank

Mcap

$167.03B

Fully Diluted Mcap

$167.03B

Supply

Circulating

167,065,082,314

Total

N/A

Created On

N/A

All Time High (ATH)

ATH

$1.32

ATH Change

-24.44%

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

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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

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

Jun 25, 2025

Law and Order

USD Stablecoins Could Flood Europe as US Legislation Forces EU's Hand: Moody's

Despite the protests of Europe’s top bank, the European Union is poised to soon greenlight the flow of stablecoins issued outside the bloc into the continent, per a new report. It’s a development that signifies a major coup for U.S. dollar-backed stablecoins, according to one of the world’s top credit rating agencies. The European Commission, the executive arm of the EU, is set to soon issue formal guidance that stablecoins issued in other global jurisdictions should be considered interchangeabl...

by Sander Lutz · 3 min read

Jun 18, 2025

Law and Order

Justice Dept. Files to Seize Record $225 Million Tied to 'Pig Butchering' Crypto Scams

Feds on Wednesday said that they have filed to seize $225.3 million worth of Tether's USDT stablecoin in the largest such forfeiture related to "pig butchering" crypto scams, or confidence scams. The U.S. Department of Justice said that following an investigation, it was able to determine that the huge sum of crypto had been laundered via the OKX exchange after scammers pinched it from would-be investors. All of the seized crypto was in the form of crypto firm Tether's USDT coin, the third-big...

by Mat Di Salvo · 3 min read

Jun 5, 2025

Business

‘They Make No Money’: Here’s What Tether’s CEO Had to Say About Circle Before Its Massive IPO

It was early April, during the middle of a conversation with Decrypt at Cantor Fitzgerald’s swanky midtown Manhattan headquarters, that Tether CEO Paolo Ardoino abruptly asked to pause the interview. The reason? He’d noticed a “weird message” on the laptop open in front of him. After twenty seconds of silence in the conference room, Ardoino’s face flashed a big grin. Reports were circulating that Circle, one of Tether’s chief competitors, might tap the brakes on its long-planned IPO. ”People w...

by Sander Lutz · 4 min read

May 20, 2025

Law and Order

Senate Stablecoin Bill Passes Key Vote as GENIUS Act Regains Momentum

Against all odds, the Senate’s stablecoin bill has regained political momentum, passing a key procedural vote Monday evening that has set the legislation on track for passage within days. Less than two weeks ago, the bill, dubbed the GENIUS Act, failed to pass the same procedural cloture vote—which ends debate on a measure and advances it towards full floor consideration. At the time, a perfect storm of political winds conspired to derail support for the bill among pro-crypto Democrats. Chief a...

by Sander Lutz · 4 min read

May 15, 2025

Law and Order

Senate Stablecoin Bill Makes Progress With New Draft—Here's What's In It

Amidst the nail-biter, week-long drama over whether the Senate’s GENIUS Act is really dead or not, progress appears to have been made Thursday—with pro-crypto Democrats now touting concessions they’ve received from Republican colleagues in a new draft of the bill, which could see a vote by early next week. Decrypt obtained a copy and reviewed this negotiated draft of the Senate’s stablecoin legislation. The bill indeed contains new language on issues such as national security protections, ethics...

by Sander Lutz · 6 min read

May 15, 2025

Law and Order

$78 Million Lost to ‘Laundering Loophole’ in Tether Freezing Method Since 2017

There is “significant lag” between exchanges saying they’re going to freeze USDT held by malicious addresses and, well, actually doing it, according to a new report from AMLBot. AMLBot’s report found that on-chain freezing enforcement of Tether’s USDT stablecoin has been sluggish. As a result, the anti-money laundering firm said, at least $78 million has been lost to bad actors on Ethereum and Tron since 2017. The “laundering loophole” is the result of Tether’s multi-signature contract set up, A...

by Ryan S. Gladwin · 4 min read

May 14, 2025

Artificial Intelligence

Meet 'QVAC': Tether’s Decentralized AI God in Your Pocket

Crypto juggernaut Tether is taking aim at Big Tech’s centralized AI dominance with "QVAC," a new platform that it claims will let developers run and evolve AI agents directly on personal devices—no data centers required. If you think this is the stuff of sci-fi, you're right: QVAC, short for QuantumVerse Automatic Computer, takes its name from the AI in Isaac Asimov’s 1956 short story, "The Last Question." In the story, a self-evolving computer named Multivac transforms over time into a god-like...

by Jason Nelson · 3 min read

May 14, 2025

Law and Order

Cartel Bosses Charged With Narco-Terrorism Amid Crypto Ties

Pedro Inzunza Noriega and his son Pedro Inzunza Coronel, alleged leaders of the Beltrán Leyva Organization, or BLO, a faction of the Sinaloa Cartel, were indicted Monday on narco-terrorism and trafficking charges. The indictment came in part because blockchain investigators have been tracing how cartel drug profits are being laundered through crypto. Prosecutors in the Southern District of California say the two men reportedly helped lead one of the world’s largest fentanyl operations, trafficki...

by Vismaya V · 3 min read

May 13, 2025

Law and Order

Is the Senate Stablecoin Bill Dead? Here's What's Going On

It was supposed to be a slam dunk. The American crypto industry, flush with more political capital than it has ever had (and perhaps will ever have), was to get its long-awaited “regulatory clarity” on stablecoins last week. And yet the Senate failed to pass a key procedural vote on the marquee stablecoin legislation. As the bill, dubbed the GENIUS Act, languishes in legislative purgatory, should it be considered functionally dead—or might there be hope yet for its passage? It depends who you a...

by Sander Lutz · 4 min read

May 7, 2025

Law and Order

Senate Nears Deal on Stablecoin Bill as Lawmakers Race Against the Clock

After several days of high-stakes crypto drama on Capitol Hill, a clique of holdout Senate Democrats appears to be nearing a deal to support stablecoin legislation—though the matter is far from settled. On Wednesday, a small group of pro-crypto Democratic senators including Ruben Gallego (D-AZ), Mark Warner (D-VA), and Angela Alsobrooks (D-MD) met with Republican counterparts to discuss terms that would win back their support of the GENIUS Act, which would establish a framework for offering sta...

by Sander Lutz · 5 min read

May 6, 2025

Law and Order

House Democrats Walk Out on Digital Assets Hearing Over ‘Trump’s Crypto Corruption’

House Democrats staged a walkout of a digital assets-focused hearing on Tuesday, with party leadership threatening that President Donald Trump’s personal crypto ventures could derail bipartisan support of pending crypto legislation. House Financial Services Committee ranking member Maxine Waters (D-CA) led the charge, objecting at the outset to the hearing’s convening. A dramatic scene then ensued, with Democrats including Rep. Stephen Lynch (D-MA) yelling out a list of crypto-related profits t...

by Sander Lutz · 4 min read