Tether (USDT) Peg, Supply & Volume Today

Tether (USDT) is a stablecoin: it is built to hold a value of $1.00, so a daily percentage move is not the number that matters. Right now it is at $0.9999, 0.88 basis points (0.0088%) below the $1.00 peg. Over the last 30 days it has traded between $0.9991 and $1.0001. Market capitalisation is $183.40B, −0.23% over the last 30 days, with 183.41B USDT in circulation. Because the price barely moves, a change in a stablecoin's market cap is almost entirely a change in how much of it exists, not a change in what it is worth. 24-hour trading volume is $25.31B — most pairs on most exchanges are quoted in USDT, which is why that figure is so large. The things worth watching on a stablecoin are whether it holds the peg and whether supply is growing or shrinking. This is live market data, updated daily — not financial advice.