Tether USDt logo
Market rank #3 · Stablecoin

Tether USDt USDT

Issuer-backed dollar token used for trading and settlement

USDT price today$0.9991-0.01% over 24 hoursFresh ·

Tether USDt price chart

Observed USD price-0.02% in view
$1.00$1.00$0.999$0.998$0.99705:00 AM01:00 PM08:00 PM04:00 AM
24 5-minute observations · UTCFull selected-window coverage
Market cap
$183.27B
24h volume
$71.11B
Volume / market cap
38.80%
Tracked market-cap share
7.20%
Global dominance
7.03%
Market pairs reported
200,869
CryptoDigest market read

What USDT is doing relative to the market

Calculated from CryptoDigest’s 50-asset published research universe—not a claim about the entire crypto market.

24-hour momentum#44 of 50

USDT is 0.00 percentage points above the Stablecoin average in our tracked set.

Trading intensity#1 by turnover

Reported 24-hour volume equals 38.80% of market cap and 44.81% of tracked-universe volume.

Observed range9% up the range

505 hourly candles retained; maximum peak-to-trough move observed was -0.13%.

Returns

USDT performance by period

PeriodReturnContext
1 hour-0.00%Provider snapshot
24 hours-0.01%Rank #44 of 50
7 days-0.06%Rank #17 of 50
30 days+0.01%Live market snapshot
60 days-0.01%Live market snapshot
90 days+0.00%Live market snapshot

Against Bitcoin: USDT performed 0.81 percentage points worse over 24 hours.

Valuation & supply

What the headline valuation includes

Circulating supply
183.443B USDT
Total supply
189.331B USDT
Maximum supply
No fixed maximum
Fully diluted value
$189.16B
24h volume change
-12.80%
Supply model
Supply changes with issuer minting and redemption activity

Fully diluted value applies the current price to the provider’s reported eventual or total supply. It is a scenario, not a forecast.

Primary-source asset brief

What is Tether USDt?

USDT is a dollar-denominated token issued by Tether across several networks. Its utility comes from moving a dollar-like unit between venues and wallets without relying on bank transfer hours.

Unlike BTC or ETH, USDT’s core risk is not consensus scarcity. Holders depend on the issuer’s reserves, redemption operations, banking access and the behavior of the specific blockchain and token contract they use.

Common misconception

A stablecoin trading near $1 is not the same as an insured bank deposit; it carries issuer, reserve, redemption and network risks.

Current intelligence

No material active explanation

Detector output is shown only when evidence crosses a materiality threshold; price movement alone is not treated as a cause.

No active signal

No evidence-backed catalyst is currently flagged.

That is an honest unknown, not evidence that no catalyst exists.

Latest Tether USDt news

No original CryptoDigest article currently focuses on Tether USDt. Browse the newsroom for broader market coverage.

All crypto news →
Live quote

Price, market cap and 24-hour volume come from normalized provider snapshots, timestamped Sep 17, 2026, 4:00 AM UTC.

History

The chart uses stored 5-minute and hourly OHLC observations. It labels partial coverage instead of stretching it into a longer history.

Our calculations

Ranks, sector deltas and shares use the 50 assets in CryptoDigest’s published research universe. Turnover is volume ÷ market cap.

Source boundary

Supply and extended returns come from the live market-data feed; network facts link to project documentation. Nothing here is investment advice.