Tether is a type of cryptocurrency known as a stablecoin. This means that unlike most cryptocurrencies, it’s price is fixed relative to the United States Dollar. Tether was the first and is currently the largest stablecoin in the cryptocurrency market. It’s popularity is due to the volatile price nature of cryptocurrencies allowing traders to convert their funds into USD without having to withdraw to a bank account.
Market Cap Rank:
#3
Market Cap
$74,285,284,925
24H Volume:
$48,295,795,425
24H High/Low:
$1/$1
Price:
$1.00
-0.01%
(Last 30 days)
(Last 30 days)
(Last 30 days)