Bunker Mode
Wormhole
Starknet
NEAR Protocol
Pearl
Pudgy Penguins
Pons
Tether Price USDT
Tether (USDT) is trading at $0.999694 as of 12 Oct 2026, up 0.01% in the last 24 hours. Its market capitalisation is $183.81B, ranking #3 among all cryptocurrencies.
USDT Price Forecast
Model confidence HighAlgorithmic projection from 30-day drift & realized volatility (log-normal ±1σ bands), computed from 365-day daily closes. A statistical model, not a prediction or financial advice.
Smart Trade Setup
A rules-based plan built live from USDT's technicals, key levels & volatility — algorithmic & educational, not financial advice.
This setup is generated algorithmically from current indicators and price structure. Crypto is highly volatile and unpredictable — this is educational information, not financial advice or a recommendation to trade. Always do your own research and never risk more than you can afford to lose.
USDT Forecast & History Lab
Past performance and a forward statistical outlook — projection cone, seasonality and a strategy backtester.
Price Projection Cone
120 days history → 90-day statistical outlookDCA Backtest
weekly buys · last 12 monthsBacktest of past prices; forward figures are a statistical projection, not advice.
Stablecoin. Tether is designed to track a stable value (typically US$1). The figure to watch is not upside but peg stability — how tightly it holds its target (currently $0.999694, 0.03% below $1). Prediction and upside framing do not meaningfully apply.
01 Tether Price Today
Tether (USDT) is trading at $0.999694, up 0.01% over the past 24 hours. With a market capitalisation of $183.81B, Tether ranks #3 among all cryptocurrencies. This snapshot reflects multi-source live data refreshed each cache cycle.
Performance
Scorecards
02 Tether Price Chart & Technical Analysis
Tether price history
| Month | Close | Change |
|---|---|---|
| Nov 2025 | $0.999999 | — |
| Dec 2025 | $0.998916 | -0.1% |
| Jan 2026 | $0.998777 | 0.0% |
| Feb 2026 | $0.999987 | +0.1% |
| Mar 2026 | $0.999383 | -0.1% |
| Apr 2026 | $0.999826 | +0.0% |
| May 2026 | $0.998840 | -0.1% |
| Jun 2026 | $0.998733 | 0.0% |
| Jul 2026 | $0.999010 | +0.0% |
| Aug 2026 | $0.999897 | +0.1% |
| Sep 2026 | $0.999756 | 0.0% |
| Oct 2026 | $0.999295 | 0.0% |
Month-end closing prices, last 12 months. Source: CoinGecko/Binance.
Recent price history (OHLC)
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Oct 12 | $0.999325 | $0.999393 | $0.999172 | $0.999224 |
| Oct 12 | $0.999322 | $0.999355 | $0.999189 | $0.999349 |
| Oct 12 | $0.999121 | $0.999335 | $0.999027 | $0.999322 |
| Oct 12 | $0.999123 | $0.999222 | $0.999006 | $0.999120 |
| Oct 12 | $0.999132 | $0.999225 | $0.999045 | $0.999123 |
| Oct 11 | $0.999095 | $0.999195 | $0.999050 | $0.999162 |
| Oct 11 | $0.999133 | $0.999192 | $0.999019 | $0.999095 |
| Oct 11 | $0.999168 | $0.999200 | $0.999055 | $0.999117 |
| Oct 11 | $0.999155 | $0.999228 | $0.999073 | $0.999170 |
| Oct 11 | $0.999192 | $0.999253 | $0.999102 | $0.999155 |
| Oct 11 | $0.999158 | $0.999295 | $0.999158 | $0.999192 |
| Oct 10 | $0.999155 | $0.999206 | $0.999124 | $0.999178 |
| Oct 10 | $0.999167 | $0.999307 | $0.999125 | $0.999153 |
| Oct 10 | $0.999216 | $0.999300 | $0.999157 | $0.999167 |
Technical analysis
Cross-asset correlations (90-day)
Pearson correlation of daily returns over the last 90 days (CoinGecko).
03 Tether On-Chain & Network Activity
Live on-chain metrics — TVL, transactions and network activity — are surfaced for major chains and DeFi protocols. Tether does not yet have a keyless on-chain feed; coverage expands as open sources add support.
04 Tether Institutional & ETF Activity
The Institutional layer tracks spot ETF flows, public-company treasury holdings, and institutional ownership trends — the demand signals that increasingly set the marginal price for assets like Tether. This section is being wired to dedicated ETF and treasury data feeds; it will surface daily net flows, cumulative AUM, and the top corporate holders.
For ETF demand context now, see our ETF Flows dashboard and Treasury Holdings tracker.
05 Tether Derivatives & Futures
The Derivatives layer covers futures open interest, perpetual funding rates and 24h liquidations — the leverage picture behind USDT's spot price. Tether has no major USDT-perpetual market on Binance, so live derivatives metrics are not available for this asset.
Live funding & liquidation dashboards: Funding Rates · Liquidations.
06 What Is Tether?
About Tether
Tether (USDT) is a stablecoins cryptocurrency ranked #3 by market capitalisation. Its circulating supply is 183,870,683,999 USDT, with no fixed maximum. USDT currently trades about 24% below its all-time high of $1.32.
Tether (USDT) is the world's largest stablecoin by market capitalization, issued by Tether Limited. Each USDT token is designed to maintain a 1:1 peg with the US dollar, with Tether Limited claiming that every token in circulation is backed by equivalent reserves. These reserves are reported to consist primarily of US Treasury bills, cash and cash equivalents, and a smaller allocation to other assets including precious metals and Bitcoin. Tether publishes quarterly attestations from an independent accounting firm, though it has not produced a full third-party audit to the standards of a publicly listed financial institution.
USDT functions as the dominant liquidity layer in cryptocurrency markets — the primary trading pair on most centralized and decentralized exchanges globally. Its price stability is maintained through arbitrage: authorized market makers can redeem USDT directly with Tether Limited for USD, which keeps the market price close to 1.00 dollar. The key risks associated with USDT are counterparty risk, reserve composition uncertainty, and regulatory scrutiny from authorities in the US and Europe regarding stablecoin reserve requirements and issuer oversight.
Supply economics
- Circulating supply: 183,870,683,999 USDT
- Max supply: uncapped / not fixed
Regulatory status
Regulatory treatment of Tether varies by jurisdiction (US SEC, EU MiCA, UK FCA, Singapore MAS, Japan FSA, UAE VARA). The Market Periodical maintains per-jurisdiction status as part of our regulatory tracking. Always verify the current rules in your country before trading.
07 How to Buy Tether
Markets & exchanges
| Exchange | Pair | Price | Trust |
|---|---|---|---|
| Binance | USDC/USDT | $0.999698 | n/a |
| CoinUp.io | BTC/USDT | $0.999698 | n/a |
| BTCC | BTC/USDT | $0.999698 | n/a |
| Pionex | BTC/USDT | $0.999698 | n/a |
| CoinUp.io | ETH/USDT | $0.999698 | n/a |
| BTCC | ETH/USDT | $0.999698 | n/a |
| Azbit | BTC/USDT | $0.999698 | n/a |
| Binance | BTC/USDT | $0.999698 | n/a |
Quick converter
Investment return calculator
Compare USDT with peers
| Coin | Price | 24h | 7d | Market Cap |
|---|---|---|---|---|
 Bitcoin BTC |
$82,426 | -1.48% | -3.00% | $1.66T |
 Ethereum ETH |
$2,512.68 | -0.86% | -6.40% | $306.79B |
 BNB BNB |
$743.59 | -1.18% | -5.00% | $99.02B |
 XRP XRP |
$1.36 | -3.53% | -7.97% | $85.74B |
 USD Coin USDC |
$1.00 | +0.03% | +0.10% | $74.05B |
 Solana SOL |
$107.58 | -3.52% | -9.42% | $63.27B |
 Tron TRX |
$0.330200 | -0.12% | -1.66% | $31.36B |
 Figure Heloc FIGR_HELOC |
$1.02 | -0.50% | -0.28% | $23.93B |
08 Tether Price Outlook & Sentiment
Risks
Tether is a volatile, high-risk asset. Prices can move sharply on liquidity, regulation, macro conditions, and shifts in sentiment. Position sizing and risk management matter more than any single forecast.
Risk disclaimer. This page is informational, not financial advice. Crypto assets are volatile and your capital is at risk. Always do your own research.
09 Tether FAQ & Related Coins
Tether FAQ
How does Tether maintain its dollar peg?
Tether maintains its peg through reserve backing and arbitrage. When USDT trades below 1.00 dollar, authorized participants buy it cheaply and redeem it with Tether for 1.00, pushing the price up. When it trades above, they deposit dollars and receive new USDT to sell. This requires Tether to honor redemptions reliably.
What are Tether's reserves made up of?
According to recent attestations, the majority of reserves are US Treasury bills and money market instruments, with smaller allocations to cash, secured loans, and other assets including Bitcoin. Composition has shifted toward more liquid instruments. However, Tether has not published a full independent audit, so attestations are a snapshot rather than comprehensive verification.
What risks does USDT carry versus bank deposits?
USDT is not insured by any government deposit scheme such as the FDIC. If Tether faced insolvency, fraud, or regulatory seizure, holders could face losses. The peg has briefly broken under extreme stress. European MiCA rules have restricted USDT for some uses. Regulatory actions could affect liquidity and redeemability.
Why is USDT so dominant in crypto trading?
USDT became the standard trading pair due to early mover advantage u2014 it launched in 2014 before significant competitors. Exchanges built order books around USDT pairs, creating deep liquidity that reinforces adoption. Traders use it to hold value between positions without converting to fiat. Network effects make switching costly even as USDC has grown.
Is Tether a good investment?
Tether (USDT) is a volatile, high-risk asset (ranked #3 by market capitalisation), currently trading at $0.999694. Whether it suits you depends on your risk tolerance, time horizon and how it fits your wider portfolio. Never invest more than you can afford to lose. This is information, not financial advice.
Tether price prediction: what could USDT be worth?
No one can reliably predict cryptocurrency prices. Its all-time high was $1.32, and USDT now trades about 24% below that level. Tether's long-term value depends on adoption, liquidity, regulation and broad market cycles rather than any single forecast. Treat price targets you see elsewhere as speculation, not guarantees.
How do I buy Tether?
Tether (USDT) can be bought on major cryptocurrency exchanges that list it. Compare fees, security and supported regions, verify your account, deposit funds, then place a buy order for USDT. For larger holdings, consider moving coins to self-custody.
What determines the price of Tether?
The USDT price is set by live supply and demand across exchanges, and moves with trading volume, liquidity, exchange flows, macro conditions, regulation and overall market sentiment.
Latest Tether news & analysis
Other coins
Data sources: CoinGecko, Binance, mempool.space, Alternative.me. Prices refresh each cache cycle. Last rendered 12 Oct 2026 19:02 UTC.