Tether Price

Coin Prices

PC0000085

$1.00

0.00%

Price data by

DecryptTether

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Tether

usdt

$0.998

0.04%

Stablecoins

USD Stablecoin

Solana Ecosystem

Avalanche Ecosystem

24-Hour Range

$0.998

$0.999

Low

High

Market Cap (Mcap)

Rank

Mcap

$184.47B

Fully Diluted Mcap

$189.93B

Supply

Circulating

184,668,223,282

Total

N/A

Created On

N/A

All Time High (ATH)

ATH

$1.32

ATH Change

-24.5%

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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Volume

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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 USDT? Tether's Record-Breaking Stablecoin

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

Jun 18, 2026

Law and Order

Jerome Powell Supports Fed's New Stablecoin Policies—But Chair Kevin Warsh Abstains

The Federal Reserve on Thursday issued a proposed rulemaking dictating how American crypto firms will have to evaluate customers and discourage money laundering now that stablecoins have been formally legalized. The rulemaking, proposed jointly with President Donald Trump’s administration agencies including the Treasury Department and the FDIC, interprets how to implement provisions of the GENIUS Act pertaining to customer identification requirements. The GENIUS Act, enacted last summer, formal...

by Sander Lutz · 2 min read

Jun 17, 2026

Business

CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise

Trace Finance, a financial infrastructure company that links banks in Brazil and the United States to stablecoin settlement networks, said Wednesday that it has raised $32 million in a Series A funding round led by CoinFund, with backing from Coinbase Ventures, Haun Ventures, Jump Capital and several other crypto-focused investors. The raise comes as Brazilian regulators reclassify cross-border crypto transfers as foreign-exchange operations, a shift that is pushing institutional money away fro...

by Decrypt Agent · 2 min read

Jun 2, 2026

Law and Order

US Treasury Sanctions Iranian Crypto Exchanges Including Nobitex for Terrorist Financing

The U.S. Treasury Department's Office of Foreign Assets Control designated Nobitex, Iran's largest digital asset exchange, along with three other Iranian cryptocurrency platforms for allegedly facilitating terrorist financing and sanctions evasion. The Treasury Department alleges Nobitex processed more than 50% of all Iranian digital asset inflows in 2025 and facilitated payments tied to Iran's terrorist activities, sanctions evasion efforts, and Islamic Revolutionary Guard Corps-linked transac...

by Decrypt Agent · 2 min read

Jun 2, 2026

Law and Order

New York’s Crypto Watchdog Teams With EU to Police Stablecoins

New York’s preeminent crypto regulator has charted a transatlantic path toward comprehensive stablecoin rules, aligning regulatory efforts on Tuesday with the European Union. In a 22-page memorandum of understanding, the New York Department of Financial Services and European Banking Authority detailed procedures intended to facilitate the exchange of supervisory and confidential information as it relates to the $314 billion sector. In a statement, the NYDFS described the measure as an effort to...

by André Beganski · 2 min read

May 25, 2026

Business

With Central Bank’s Blessing, Georgia Taps Tether for 'Official' Stablecoin

Tether said on Monday that it plans to issue a stablecoin in Georgia with support from the country’s government, underscoring the nation’s aggressive push to establish itself as a crypto hub that’s uniquely aligned with U.S. regulations. The stablecoin, dubbed GELT, will serve as a digital representation of the Georgian lari, Tether said in an announcement. It described the move as among “the first joint efforts to place a national currency directly onto digital asset rails” under a purpose-buil...

by André Beganski · 2 min read

May 13, 2026

Business

Bank of England Treating Stablecoins as 'New Form of Money', Says Exec

With the Bank of England gearing up to accept applications from would-be stablecoin issuers, its executive director of financial market infrastructure explained that the central bank is treating stablecoins as “a new form of money.” Speaking in a panel discussion at the Financial Times Digital Asset Summit, Sasha Mills noted that, “By the end of the year, we will be open and welcoming applications” from those looking to launch “a systemic stablecoin for widely used payments in the U.K.” Ahead o...

by Stephen Graves · 3 min read

May 7, 2026

Artificial Intelligence

Tether's Medical AI Runs on Your Phone and Outperforms Models 16x Its Size

Tether, the stablecoin company best known for USDT, just released a medical AI model that fits in your pocket and may outperform rivals more than a dozen times its size. QVAC MedPsy launched today from Tether's AI Research Group as a new class of medical language models designed to run on smartphones, wearables, and edge devices—no cloud required. The headline number: a tiny 1.7 billion-parameter model capable of beating Google's MedGemma-4B on medical benchmarks despite being less than half i...

by Jose Antonio Lanz · 3 min read

May 5, 2026

DeFi

How Solana Exchange Drift Plans to Repay Users After $295 Million Crypto Hack

A month after North Korean-affiliated hackers drained $295 million in user funds from decentralized crypto exchange Drift Protocol, the Solana-based platform has released a detailed recovery plan outlining how it intends to compensate affected users and relaunch as a rebuilt, security-focused exchange. The April 1 attack was attributed to a North Korea state-affiliated threat actor, as confirmed by forensic firm Mandiant. Following the exploit, Drift temporarily suspended all core protocol func...

by Decrypt Agent · 3 min read

May 1, 2026

Business

Tether Reports Billion-Dollar Q1 Profit Amid Crypto Slump—And Says Audit Has Begun

Tether reported more than $1 billion in profit for the first quarter of 2026, against a backdrop of broader crypto market volatility, the company announced Friday. The world’s top stablecoin issuer said net profit reached approximately $1.04 billion for the quarter. The company also reported that its buffer between the total value of its stablecoins in circulation, and the amount of reserves it has on hand to back those assets, has grown to an all-time high of $8.23 billion. Tether’s Q1 figures...

by Sander Lutz · 2 min read

Apr 29, 2026

Law and Order

Tether Stakeholder Gave Farage Undisclosed $6.7M Gift Amid Reform UK Crypto Funding Scrutiny

Christopher Harborne, a billionaire with a 12% stake in USDT stablecoin issuer Tether, gave Nigel Farage a previously undisclosed $6.7 million (£5 million) gift in 2024. The donation, first reported in The Guardian, was to pay for his personal security, Farage later told The Daily Telegraph. The payment was reportedly structured as a personal gift and was never officially disclosed under UK campaign finance laws. At the time Farage received the gift, he had not announced plans to run as a Membe...

by Stephen Graves · 3 min read

Apr 21, 2026

DeFi

Tether Asserts Stablecoin Dominance Over Circle's USDC Amid Major Crypto Hacks

Tether’s dominance over Circle has been rising since Solana-based Drift Protocol was exploited for $285 million this month, with decentralized finance users appearing to propel USDT’s market cap to an all-time high on Tuesday following another major hack. Since attackers linked to North Korea pulled off one of DeFi’s largest hacks this year, USDT’s market cap has grown 2.1% to nearly $188 billion, according to CoinGecko. Meanwhile, USDC's total value has increased at a slower pace, rising 1.4%...

by André Beganski · 3 min read

Apr 14, 2026

Technology

Stablecoin Giant Tether Launches Wallet for USDT, Bitcoin and Gold-Backed Tokens

Tether launched a self-custodial digital wallet on Tuesday called Tether.Wallet, offering support not only for its flagship USDT stablecoin and USAT for the U.S. market, but also Bitcoin and its gold-backed token, XAUT. The wallet supports USDT and XAUT across Ethereum and the Polygon, Plasma, and Arbitrum networks. It also supports USAT on Ethereum, as well as Bitcoin both on mainnet and via the Lightning Network. Users can send funds using human-readable Tether names rather than complex walle...

by Decrypt Agent · 2 min read

Apr 9, 2026

Artificial Intelligence

Stablecoin Giant Tether Launches Toolkit for Building Local, Offline AI Apps

Tether, the company behind the world's largest stablecoin, USDT, announced the launch of QVAC SDK—a fully open-source software development kit designed to run artificial intelligence applications directly on any device without requiring cloud servers. The cross-platform toolkit works unchanged across iOS, Android, Windows, macOS, and Linux environments, the company said. The SDK is built on QVAC Fabric, a fork of llama.cpp, providing compatibility with the llama.cpp model ecosystem for text gen...

by Decrypt Agent · 2 min read

Apr 8, 2026

Law and Order

Treasury Outlines How Stablecoin Rules Will Fight Illicit Finance Under GENIUS Act

The U.S. Treasury Department proposed a rule on Wednesday detailing how stablecoin issuers must build anti-money laundering and sanctions programs under the GENIUS Act, the latest step in implementing the federal framework enacted last year. The proposal, which came from the Department’s Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC), defines obligations for stablecoin issuers regulated in the U.S., specifically programs, procedures, and technical capa...

by André Beganski · 3 min read

Apr 8, 2026

Markets

Stablecoin Trading Volume Could Skyrocket to $1.5 Quadrillion by 2035: Chainalysis

Stablecoins could be used for up to $1.5 quadrillion in annual trading volume by 2035, potentially surpassing traditional payment networks, according to a new Chainalysis report. The blockchain analytics firm projects that even without major catalysts, adjusted stablecoin volume would reach $719 trillion through current growth trajectories alone. But it sees an opportunity for that figure to more than double, based on potential macro shifts. The firm's projections hinge on two transformative sh...

by Decrypt Agent · 2 min read

Apr 7, 2026

Law and Order

FDIC Reveals Proposed Rules for Stablecoin Issuers Under GENIUS Act

The Federal Deposit Insurance Corporation (FDIC) revealed proposed rules Monday that would implement stablecoin regulations under the GENIUS Act—which President Donald Trump signed into law last summer—establishing requirements for FDIC-supervised payment stablecoin issuers and banks engaging in stablecoin activities. The proposal creates a prudential framework including standards for reserve assets, redemption processes, capital requirements, and risk management for supervised stablecoin issue...

by Decrypt Agent · 2 min read

Mar 31, 2026

Coins

Tether's USAT Stablecoin Expands Beyond Ethereum Mainnet to Celo

Tether announced Tuesday that the USAT stablecoin is expanding to the Celo blockchain, an Ethereum layer-2 scaling network, marking the regulated digital dollar's first deployment beyond the Ethereum mainnet. The launch will bring USAT—a stablecoin issued by Anchorage Digital and targeted at the U.S. market—to Celo, with Google Cloud providing infrastructure support alongside plans for the stablecoin to serve as a gas currency on the layer-2 network. “More than 566 million people globally use US...

by Decrypt Agent · 3 min read

Mar 31, 2026

Markets

Stablecoin Market to Hit $2 Trillion in 2028 Even as Velocity Doubles: Standard Chartered

Stablecoin velocity has now doubled in the past two years, with coins changing hands an average of six times per month, Standard Chartered flagged in a note Tuesday morning. That's prompted the bank to revisit a key assumption behind its stablecoin market forecast. Geoff Kendrick, global head of digital assets research at the bank, said that's out of sync with the bank's longstanding forecast. Standard Chartered has predicted that the stablecoin market will reach $2 trillion in total market cap...

by Stacy Jones · 2 min read

Mar 25, 2026

Markets

Circle Selloff 'Looks Overdone' Analysts Say as Shares Rise After Cathie Wood Buys the Dip

Circle shares pared losses on Wednesday after developments surrounding stablecoins on Capitol Hill sent them tumbling a day before alongside rival Tether’s audit announcement. The New York-based stablecoin issuer’s shares changed hands around $102.50, trimming a 22% decrease on the week, according to Yahoo Finance. Not long after the opening bell on Wednesday, Circle’s stock price jumped to $110 before settling lower. Tuesday’s plunge came as crypto lobbyists mulled changes to market structure...

by André Beganski · 3 min read

Mar 24, 2026

Business

Tether Says It Will Be Audited By Big Four Accounting Firm—But Won't Say Which One

Tether, the world’s top stablecoin issuer, announced Tuesday it will soon make good on a yearslong promise to audit its sprawling stablecoin reserves—but won’t yet disclose which firm will actually do the job. Tether claims to hold some $192 billion in assets in reserve around the world to back the value of its dollar-pegged stablecoin, USDT. The majority of those reserves are purported to be held in U.S. Treasuries. But, ever since its founding in 2014, the company has refrained from undergoin...

by Sander Lutz · 2 min read