Coin Information - USD Tether - USDT



USDT
USD Tether

Market Capitalization
USD 4,036,702,830.407
24hr Volume (Global)
20,405,054,633.339
Circulating Supply
4,043,907,381.597
Current Price
USD 0.998218418349
Date (UTC)
2019-08-22 06:40:28
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.
Last
9981.38000000
24h Change
-0.924%
24h High
10282.01000000
24h Low
9725.10000000
24h Volume
12.42983042 USDT
Interval