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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.
Visit website open_in_newProfit MomentumThis momentum signal calculates the net change of in/out of the money addresses, if the number of "In the Money" addresses is increasing this would be a bullish signal. In the money means addresses that would make a profit on the tokens they hold because they acquired the tokens at a lower price. |
Neutral |
Whale MomentumMomentum signal that is bullish when the short term trend of the number of txs > $100k is greater than the long term average. |
Neutral |
Growth MomentumMomentum signal that gives an indication of the tokens underlying network health by measuring the amount of new addresses minus the addresses that have their balances emptied. It is bullish when more addresses are being created than emptied. |
Neutral |
Concentration MomentumThe Concentration signal is based on the accumulation (bullish) or reduction (bearish) of addresses with more than 0.1% of the circulating supply. |
Neutral |
| Market share | 3.64% |
| Proof type | — |
| 24h Open | $1.00 |
| 24h Low | $1.00 |
| 24h High | $1.00 |
| Price in BTC | 0.00003273460125 BTC |
| Current Supply | 61,965,336,576 USDT |
| Market cap | $61,959,139,328 |
| 24h Volume (coin) | 362,372,352 USDT |
| 24h Volume (currency) | $362,455,104 |
| 24h Total Volume (coin) | 735,718,720 USDT |
| 24h Total Volume (currency) | $735.76M |
| Last updated | 2021-06-01 16:00:34 +01:00 BST |
| ID | Market | Type | Price | Quantity | Total |
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| Date | Price | Volume |
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To embed real-time Tether widget into your website copy the following code.
Bitcoin [BTC]
Litecoin [LTC]
Ethereum [ETH]