Tether Price Chart — USDT USD

Overview

USDTUSD chart

Key facts today

On March 31, $1 billion in USDT was minted, showing high demand for the stablecoin and solidifying its status as the top stablecoin in the crypto market.

In Q1 2025, Tether bought 8,888 bitcoin for about $735 million, increasing its total to 92,646 BTC, worth roughly $7.8 billion, ranking sixth in wallet holdings.

Binance has stopped spot trading pairs with Tether's USDT in the EEA to comply with the EU's Markets in Crypto-assets Regulation, aiming to delist non-compliant tokens by Q1 2025.

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Key stats

About Tether

Tether operates the biggest stablecoin in the crypto industry — USDT. It’s sometimes described as the backbone of the industry, facilitating swaps between the dollar-tied stablecoin and highly volatile cryptocurrencies. Its main competitor takes the form of Circle’s USDC, which has recently been catching up on USDT by market cap. For now however, USDT is still the dominant force in the stablecoin space.