T

Tether

USDT
Rank #3

$1.00

-0.05%
(24H)

Fundamentals

Today's Low
1
$1.00
Today's High
1.001

Price & Market Stats

Tether Price$1.00
24h High / 24h Low$1.00 / $1.00
Trading Volume$72,936,678,494.00
Price Change (24h)-$0.00
Price Change Percentage (24h)-0.051%
Market Cap Rank#3
Market Cap$145,300,707,737.00
Market Cap Change (24h)$470,037,633.00
Market Cap Change Percentage (24h)0.325%
Volume / Market Cap0.5020
All-Time High
$1.32
All-Time Low
$0.57

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About Tether

What Is Tether?

Tether is a stablecoin pegged 1:1 to the US dollar, used as a stable asset in trading. It is used in used in crypto trading for transactions and liquidity across different exchanges.

Who Are the Founders of Tether?

Tether was co-founded by Brock Pierce, Reeve Collins, and Craig Sellars in 2014.

What Makes Tether Unique?

Tether is unique due to its stability, being pegged to the US dollar.

How Is the Tether Network Secured?

Tether’s security depends on the blockchain it's issued on, such as Ethereum or Tron.

What Is Tether’s Role in the Crypto Ecosystem?

Tether (USDT) is used in crypto trading, offering a stable asset for transactions and liquidity across exchanges.

How Is Tether’s Technology Upgraded?

Upgraded by Tether Limited and issued on multiple blockchains.

Who Are the Largest Corporate Holders of Tether?

Exchanges like Binance, Huobi.

Frequently Asked Questions

Yes, Tether is legal, but it faces regulatory questions regarding transparency.
Tether’s smart contracts are secure, but concerns exist over the centralization of reserves.
Yes, Tether is used primarily in trading and DeFi, but some platforms accept it.

Team

JV
Jean-Louis van der Velde
CEO
A technologist and serial entrepreneur, Jean-Louis speaks five languages and has amassed 30 years of experience in the international high-tech industry, followed by a gradual move towards international finance and Fintech. Jean-Louis left his native country of the Netherlands in 1985 to attend university in Taiwan and has lived in Asia ever since. Since arriving in Asia, he has co-founded several IT companies ranging from hardware design and development to software. He has been at the center of the early development of several critical technologies through his businesses (embedded systems, video streaming, IPTV, digital TV, web-based applications, and digital marketing). During the dot-com days, he was a regular speaker at technology conferences on open-source technologies as the co-founder of one of the most advanced embedded Linux companies. He has occupied senior management positions in some large private and public corporations in IT, distribution, and manufacturing and still serves as an executive director in a Chinese automotive group and a Hong Kong-based VC. In early 2013, Jean Louis joined to become CEO / co-founder of Bitfinex and structured the holding (DigFinEx) focused on developing and investing in new Fintech and big data-related technologies, implementing a strict set of AML/KYC rules with a self-developed system and successfully works with banking partners, regulatory and law enforcement to work on innovation and new developments in the Fintech space. Jean Louis is also CEO of Tether, a new frictionless payment clearing system in beta testing developed by a team of experts. Jean-Louis is also a lecturer at the National Taiwan University of Science and Technology (NTSTU) and a guest lecturer at Taiwan University (Blockchain and Regulation). JL attended National Taiwan Normal University from 1985 to 1988.
SH
Stuart Hoegner
General Counsel
International cryptocurrency lawyer & accountant based in Canada representing leading entrepreneurs and businesses in dynamic market spaces. Appeared as an expert on cryptocurrency issues before securities commissions and regulators, the Department of Finance, the Canadian Intellectual Property Office, and the Senate Standing Committee on Banking, Trade, and Commerce. Editor of ‘The Law of Bitcoin’, the world’s first book on the law of cryptocurrencies. Previously spent 8 years in the M&A Tax Group at Ernst & Young and obtained law degree from the Faculty of Law at the University of Toronto.
GD
Giancarlo Devasini
CFO
Became a partner in Bitfinex in early 2013 and worked on establishing banking relationships, attracting key personnel, and re-domiciling Bitfinex in Hong Kong. Currently serving as Chief Financial Officer of both Bitfinex and Tether, splitting time between London and the French Riviera.

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