Cryptocurrency Q&A Is 1 Tether 1 USD?

Is 1 Tether 1 USD?

Giulia Giulia Fri Jan 03 2025 | 7 answers 707
I'm trying to understand if 1 Tether is really equivalent to 1 USD. I've heard that Tether is a stablecoin pegged to the US dollar, but I want to confirm if this is indeed the case. Is 1 Tether 1 USD?

7 answers

Margherita Margherita Sun Jan 05 2025
The current market capitalization of Tether is $139.77 billion.

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Carolina Carolina Sun Jan 05 2025
This figure represents the total value of all Tether tokens in circulation.

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Lorenzo Lorenzo Sun Jan 05 2025
The current exchange rate between USDT and USD stands at 1 USDT equals 1.00 USD.

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ShintoMystical ShintoMystical Sun Jan 05 2025
In contrast, the market capitalization of the United States Dollar is not provided here.

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Tommaso Tommaso Sun Jan 05 2025
In the last 24 hours, the value of 1 Tether has increased by 0.03% against the USD.

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