Tether USDT

Find more information about Tether including social sentiment and CP Risk Score.

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Category

Currency

Price

USD 1.00

CHG % (24H)

-0.06 %

CHG % (7D)

0.47%

Social Sent.

Neutral

CPR Score

3

Fundamentals

Circulating Supply
3,031,566,090
Total Supply
3,320,057,493
Max Supply
0
Product Status
Fully working
Consensus Method
Algorithm

Social Sentiment Social sentiment analysis Twitter posts and reflects how wider public feels about one or another coin at this particular moment of time. Info

Coin Risk Assessment The CPR Score is a cryptocurrency risk score combining Liquidity, Market and Issuer Risk. Info BETA

  • 3/10

Liquidity Risk Liquidity risk is the risk that stems from the lack of marketability of an coin that cannot be bought or sold quickly enough to prevent or minimize a loss. Info

2/10

Market Risk Market risk is the risk of losses in positions arising from movements in cryptocurrency market prices. Info

2/10

Issuer Risk Issuer risk is addressing the various risks associated with the specific coin itself. This contains a variety of risk metrics related to the product, its market, developer and social community. Info

5/10

Price Movement

1H -0.04%
30d +1.07%
90d +0.22%
Volatility 7d 0.57%
Volatility 30d 1.12%
Max Drawdown -3.22%

Most Similar Coins Shows the 10 most similar coins based on the information available on this page. Info BETA

Tether (USDT)

Historical Price & Volume Charts

Description

USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoins or any other cryptocurrency.

USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to provide an alternative for exchange and wallet audits which are currently unreliable. USDT provides an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process.

In the Tether Proof of Reserves system, the amount of USDT in circulations can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.

Genesis Date: 2014-10-06

Website: https://tether.to/

Date Price Volume
Elipse