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Latest Tether price & analysis (USDTtoUSD) 12/9/18

Tether remains stable despite recent huge drops in crypto values

The latest Tether price is US$0.9970. Today (12/9/18 10:29) the price has fallen by 0.07%, during this week by 0.01%, during the month by 0.28%. Since June 2017 Tether has seen little fluctuation in price.  Despite recent huge loses in cryptocurrency values (during August the Top 10 cryptocurrencies by market capitalisation lost $27bn in value) the value of Tether has more or less remained stable during the year, but this shouldn’t be surprising since Tether is supposed to have a fixed rate to the US dollar.

Tether: USDT/US$ 0.9970

  • One day down by 0.07%
  • One week down by 0.01%
  • One month down by 0.28%

 

Latest Tether price and weekly, daily & monthly price movement as at 12/9/2018 10:29. All prices via Investing.com.

Latest Tether price

Current live Tether pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the top of every page on our site has the latest Tether price. Pricing is also available in a range of different currency equivalents:

US Dollar – USDTtoUSD

British Pound Sterling – USDTtoGBP

Japanese Yen – USDTtoJPY

Euro – USDTtoEUR

Australian Dollar – USDTtoAUD

Russian Rouble – USDTtoRUB

Bitcoin – USDTtoBTC

About Tether

Tether was issued on the Bitcoin blockchain. In their own words “Tether converts cash into digital currency, to anchor or ‘tether’ the value of the coin to the price of national currencies”. So, the value is meant to mirror that of the US dollar and each unit of Tether is backed by $1 held in reserve. One of the main uses of Tether is to facilitate trading between cryptocurrencies with a rate fixed to the US$ allowing traders to take advantage of trading opportunities.

Tether is one of the largest cryptocurrencies and is one of the top 10 cryptocurrencies by market capitalisation.

Top 10 cryptocurrencies by market capitalisation

More Tether news & information

If you want to find out more information about Tether or cryptocurrencies in general, then use the search box at the top of this page. Here’s a recent article to get you started:

Tether raids Bank of Montreal for compliance role

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.

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