Tether Price
Tether (USDT) is the largest stablecoin in crypto — a token designed to hold a value of one US dollar, used everywhere as trading collateral, a settlement asset, and a way to hold "digital dollars" outside the banking system. For much of the world it is the p…
Market data via Binance · signals computed live from daily closes · not financial advice.
Supply structure
Tether has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
Convert Tether to US Dollar
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About Tether
Tether (USDT) is the largest stablecoin in crypto — a token designed to hold a value of one US dollar, used everywhere as trading collateral, a settlement asset, and a way to hold "digital dollars" outside the banking system. For much of the world it is the practical face of the dollar on-chain.
USDT is issued by the company Tether, which says each token is backed by reserves of cash and cash-equivalents such as short-term US government debt. The recurring questions are exactly the ones that matter for any stablecoin: how high-quality the reserves are, how transparently they are attested, and what would happen in a large, sudden wave of redemptions.
Because so much crypto trading is denominated in USDT, its stability is systemically important — and a serious loss of its peg would ripple across the market. We cover it as a core money-layer asset, not as an endorsement; a stablecoin is only as sound as its backing.
The story
USDT is a dollar-pegged token issued by Tether and backed, per the company, mostly by cash-equivalents and short-term US debt. It is the deepest source of dollar liquidity in crypto and the default quote currency on most venues.
The context
Its scale is its systemic weight: because markets run on USDT, reserve quality and transparency are not academic questions. It has held its peg through past stress, but "backed by reserves" is a claim to scrutinise, not to assume.
Reserve attestations and transparency, the pace of new USDT issuance (often a proxy for market liquidity), stablecoin regulation, and whether the peg holds under stress.
The Digital Take is reasoning and data from the Crypto Ruble Coins Editorial team — context, not a buy or sell call. Not financial advice.
Tether vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Tether USDT | $1.00 | +0.00% | $140.00B |
| Bitcoin BTC | $62,460.04 | -2.83% | $1.24T |
| Ethereum ETH | $1,780.51 | -3.21% | $214.55B |
| BNB BNB | $568.43 | -1.70% | $79.58B |
| XRP XRP | $1.07 | -2.86% | $61.97B |
| USD Coin USDC | $1.00 | +0.06% | $60.06B |
Tether FAQ
What is Tether (USDT)?
Tether is the largest stablecoin, designed to stay worth about one US dollar. It is issued by the company Tether and is widely used for trading and settlement.
How does USDT keep its value?
Tether reports backing USDT with reserves consisting largely of cash and cash-equivalents such as short-term US Treasury bills, aiming to maintain a one-dollar peg.
Is USDT safe?
Stablecoins are not risk-free. USDT’s stability depends on the issuer holding sufficient, high-quality reserves, and Tether has faced scrutiny over reserve transparency. Understand the risks.
Can USDT lose its peg?
Yes, it can trade slightly above or below one dollar, and in stress scenarios stablecoins can de-peg. USDT is a dollar proxy, not a guaranteed one-to-one claim.
Where does Crypto Ruble Coins’s Tether price come from?
Crypto Ruble Coins shows stablecoins at their intended one-dollar peg where a live trading pair is unavailable, and market cap is derived from a curated circulating-supply figure.
Last updated 14 Jul 2026