Tether Price

Coin Prices

EGLD

$4.26

4.30%

Price data by

DecryptTether

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Tether

usdt

$0.999

0.0051%

Stablecoins

USD Stablecoin

Solana Ecosystem

Avalanche Ecosystem

24-Hour Range

$0.999

Low

High

Market Cap (Mcap)

Rank

Mcap

$189.54B

Fully Diluted Mcap

$195.01B

Supply

Circulating

189,574,168,696

Total

N/A

Created On

N/A

All Time High (ATH)

ATH

$1.32

ATH Change

-24.43%

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

Price

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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

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

Mar 13, 2026

Markets

Billionaire Investor Stanley Druckenmiller Bullish on Stablecoin Growth

Billionaire investor Stanley Druckenmiller thinks that stablecoins are “incredibly useful”—so much so that he expects them to become the backbone of the financial system in the coming decades. “I assume our whole payments systems will be stablecoins in 10 or 15 years,” he said in a newly posted video interview with Morgan Stanley, calling the fiat-pegged tokens highly productive thanks to their efficiency and cost-effectiveness. The former hedge fund manager did not speak as highly about the...

by Logan Hitchcock · 2 min read

Mar 2, 2026

Law and Order

US Prosecutors Seek $327K Crypto Forfeiture Over Romance Scam

Prosecutors for the Massachusetts District of the U.S. Attorney’s Office are seeking the civil forfeiture of $327,829 in USDT as part of a money laundering scheme that victimized the user of an online dating app. An individual operating under the guise of “Linda Brown” communicated with the victim—a Massachusetts resident—for a few weeks beginning in November 2024 before offering a purported cryptocurrency investment opportunity to the individual. The victim then sent funds to wallets controlled...

by Logan Hitchcock · 2 min read

Feb 2, 2026

Business

The Link Between Trump's Fed Pick and Tether's 'Made in America' Stablecoin

Kevin Warsh, President Donald Trump’s nominee to chair the Federal Reserve, helped shape Anchorage Digital, a key player in Tether’s efforts to gain a regulated foothold in U.S. markets. Prior to being tapped by Trump for the role on Friday, Warsh served as an advisor to Anchorage Digital for years. The American financier and bank executive was listed on the company’s website as an advisor, but he was removed sometime after Jan. 16, per the Internet Archive. On Friday, Anchorage Digital co-found...

by André Beganski · 3 min read

Feb 2, 2026

Business

Opera Shares Jump After MiniPay Wallet Adds Support for Tether's USDT

Opera’s aggressive pivot into the crypto space paid off in the markets on Monday, with shares climbing nearly 18% following the integration of Tether’s USDT into its MiniPay wallet. The Oslo-based company saw its stock jump from an opening price of $12.42 to $14.87 earlier Monday after announcing that users can now hold and transfer the world's largest stablecoin, alongside the gold-pegged token Tether Gold. Opera's shares finished the day trading at $14.10, still showing a more than 13% rise on...

by Jason Nelson · 3 min read

Jan 27, 2026

Law and Order

Chinese National Gets 46 Months in Prison for $37 Million Crypto Scam Targeting Americans

Jingliang Su, a Chinese national, was sentenced to 46 months in prison for the role he played in the laundering of more than $36.9 million taken from victims of crypto scams. Su, who pleaded guilty to one count of conspiracy to operate an illegal money transmitting business, was also ordered to pay restitution of more than $26.8 million. “This defendant and his co-conspirators scammed 174 Americans out of their hard-earned money,” said Assistant Attorney General A. Tysen Duva of the Justice Dep...

by Logan Hitchcock · 2 min read

Jan 27, 2026

Markets

Stablecoins Are a Bigger Threat to US Banks Than Regulators Admit: Standard Chartered

Roughly $500 billion worth of cash will shift from bank deposits into stablecoins by 2028, estimated Standard Chartered Global Head of Digital Assets Rearch Geoff Kendrick in a note shared with Decrypt. It's a more modest estimate than Kendrick offered up in October, when he wrote that stablecoins could lure $1 trillion away from banks. The report comes as lawmakers in D.C. debate over the Digital Asset Market Clarity Act, or CLARITY Act, which would create a federal regulatory framework for dig...

by Stacy Jones · 2 min read

Jan 27, 2026

Business

Tether Launches US-Regulated USAT Stablecoin Issued By Anchorage Digital

Tether said Tuesday that its USAT stablecoin is now available for trading and will be issued by Anchorage Digital, providing it with a pathway toward compliance under the GENIUS Act. In a press release, the El Salvador-based firm said the stablecoin—which debuted on several crypto exchanges, including Kraken and Crypto.com—was specifically designed for U.S. markets, with Anchorage's status as a federally chartered digital asset bank placing the product under the supervision of the U.S. Office of...

by André Beganski · 3 min read