What is the 24-hour trading volume for USDT/USD?

USDT/USD is trading today at 1USD. 24-hour trading volumes are reported at $5,627,328.00 . Tether to unified Stable Dollar conversion rate is calculated live based on data from multiple exchanges. USDT/USD exchange rate was last updated on January 2, 2023 at 08:25 UTC .

What is the peg between USDT and USD?

The token’s peg to the USD is achieved via maintaining a sum of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills in reserves that is equal in USD value to the number of USDT in circulation.

What is the value of 1 USDT in USD?

The current value of 1 USDT is $1.00 USD. In other words, to buy 5 Tether, it would cost you $5.00 USD. Inversely, $1.00 USD would allow you to trade for 1.00 USDT while $50.00 USD would convert to 50.03 USDT, not including platform or gas fees.