Tether | USDT
$1.01
Coin info
Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply
Do you think the price will rise or fall?
Rise 40%
Fall 60%
Price perfomance
$0.00
0%
$∞
Range 24H
$∞
Depth of Market
Depth +2%
Depth -2%
$1.01
Rise 40%
Fall 60%
Rank #7
$0.9998
-0.01%
Rank #40
$0.9997
-0.02%
Rank #176
$0.9966
-0.01%
Rank #189
$0.007180
-4.74%
Rank #672
$0.9987
-0.09%
Rank #745
$0.9987
-0.10%
Rank #781
$0.9093
+0.01%
Rank #830
$0.9799
-0.02%
Rank #2238
$0.02978
-1.6%
Rank #2651
$0.9899
+0.02%
Rank #25451
$0.01362
-0.53%
#3
$167,620,808,892
$39,279,046,018
167,587,057,749.99
167,587,057,749.99
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex). The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong. It has emerged that Jan Ludovicus van der Velde is the CEO of cryptocurrency exchange Bitfinex, which has been accused of being involved in the price manipulation of bitcoin, as well as tether. Many people trading on exchanges, including Bitfinex, will use tether to buy other cryptocurrencies like bitcoin. Tether Limited argues that using this method to buy virtual currencies allows users to move fiat in and out of an exchange more quickly and cheaply. Also, exchanges typically have rocky relationships with banks, and using Tether is a way to circumvent that. USDT is fairly simple to use. Once on exchanges like Poloniex or Bittrex, it can be used to purchase Bitcoin and other cryptocurrencies. It can be easily transferred from an exchange to any Omni Layer enabled wallet. Tether has no transaction fees, although external wallets and exchanges may charge one. In order to convert USDT to USD and vise versa through the Tether.to Platform, users must pay a small fee. Buying and selling Tether for Bitcoin can be done through a variety of exchanges like the ones mentioned previously or through the Tether.to platform, which also allows the conversion between USD to and from your bank account.
1 Sept 2025, 04:26
According to COINOTAG and official sources, Upbit is scheduled to list USD1 trading pairs against the Korean Won, USDT, and Bitcoin, with spot trading expected to commence at 4:00 pm
1 Sept 2025, 04:09
UPBIT LISTING 거래 월드리버티파이낸셜(WLFI) 신규 거래지원 안내 (KRW, BTC, USDT 마켓) 04:09:11-555 $BTC #BTC
1 Sept 2025, 03:00
Open Interest soared while USDT outflows deepened, raising the question if Bitcoin faces a contrarian rebound.
31 Aug 2025, 21:06
Cryptocurrency trading in Iran has slowed dramatically in 2025. A mix of geopolitical tensions, cyberattacks, and stricter regulations has rattled the previously booming market. According to blockchain analytics firm TRM Labs, total cryptocurrency inflows into Iran from January through July 2025 reached roughly $3.7 billion, an 11% decline from the same period in 2024. The contraction was particularly pronounced after April, as June inflows plunged more than 50% year-over-year. This was followed by an even steeper drop of over 76% in July. Hack, War, and Wallet Freezes Several geopolitical and security events weighed heavily on Iranian crypto markets, such as stalled nuclear talks with Israel, the outbreak of an armed conflict in June, a $90 million breach at Nobitex, and Tether’s blacklisting of an important Iranian-linked stablecoin address. According to the TRM report, these shocks together shifted trader behavior, prompting capital outflows to overseas exchanges and increased use of alternative blockchains and stablecoins. Despite the turbulence, Nobitex maintained its central role in Iran’s crypto ecosystem and handled more than 87% of all Iranian-linked transaction volume in 2025. Of the over $3 billion processed through the platform, approximately $2 billion moved via the Tron network, with heavy use of TRC-20 USDT and TRX. This concentration offered efficiency for users but also amplified systemic risk, as demonstrated when the Predatory Sparrow group exploited vulnerabilities in Nobitex’s infrastructure during the height of the Iran-Israel hostilities. Dual Priorities The $90 million hack froze liquidity, slowed transaction processing, and temporarily pushed users toward smaller or higher-risk platforms, revealing not only operational weaknesses but also the regime’s “dual priorities” of enabling warrantless surveillance while maintaining selective privacy for VIP users. TRM Labs traced on-chain activity to IRGC-linked actors and sanctioned entities such as Gaza Now, underscoring the political dimensions of the attack. The geopolitical escalation in June accelerated capital flight from domestic exchanges, as seen with the surge in outflows from Nobitex by more than 150% in the week leading up to the conflict, often moving to global exchanges with limited Know Your Customer (KYC) measures or to high-risk, no-KYC platforms. The exodus was exacerbated in July when Tether froze 42 Iranian-linked addresses, many of which were tied to Nobitex and an IRGC-affiliated actor. The freeze disrupted longstanding transactional flows, which led Iranian users to move to alternative stablecoins such as DAI on the Polygon network. Domestic influencers, government-aligned channels, and exchanges actively encouraged this migration, demonstrating both the adaptability of participants and the regime’s use of digital assets to bypass sanctions. Meanwhile, Iran’s domestic regulatory environment continued to shift, with the Law on Taxation of Speculation and Profiteering enacted in August 2025, which imposed capital gains tax on crypto trading. While phased implementation is expected, the measure points to Tehran’s intent to formally regulate digital asset markets by bringing cryptocurrencies alongside gold, real estate, and forex in the regime’s tax framework. Beyond capital markets, crypto remains a critical tool for Iran in procurement and sanctions evasion. Chinese resellers, for instance, supply drone components, AI hardware, and electrical equipment through crypto transactions, and a sophisticated underground KYC bypass industry supports these operations by providing forged identification documents for onboarding to international exchanges. The post Geopolitical Chaos Sends Iranian Crypto Flows Plummeting by Over 76% appeared first on CryptoPotato .
