Tether (USDT) price

#3 in the top 100Stablecoin

$0.99910.00%

Data as of November 11, 2026, 02:11 UTC+3, the price refreshes on the page

Tether (USDT) is a US dollar stablecoin issued by Tether on several blockchains.

Market cap: $176.9B
24h volume: $51.3B
Volume / market cap: 29.00%
Fully diluted value: $182.4B
Circulating supply: 177.0 B USDT
Total supply: 182.5 B USDT
Max supply: no cap
24h range: $0.9989 … $0.9994
All-time high: $1.32July 23, 2018

Tether chart

1 hour0.00%

24 hours0.00%

7 days0.00%

30 days+0.01%

1 year−0.05%

Price in US dollars, data from CoinGecko

Analytics

What the numbers say about how the coin behaves. Based on hourly prices over 7 days and data as of November 11, 2026, 02:11 UTC+3.

Volatility

1%near zero

The price barely moves, as a stablecoin should.

Dollar peg

$0.9991holding

Now 0.09% away from $1, at most 0.12% over 7 days.

Liquidity

29.0%very high

A day’s trading equals 29.0% of market cap: a stablecoin is used for settlement, so heavy turnover is normal.

Market share

7.2%major

Share of the top-100 market cap.

What is Tether

Tether (USDT) is a stablecoin: a token designed to hold a one-to-one value with the US dollar. The project was announced in the summer of 2014 as Realcoin, issued its first tokens in October 2014 on the Bitcoin blockchain through the Omni Layer, and was renamed Tether that November. The issuer belongs to the same group as the Bitfinex exchange (parent company iFinex) and moved its headquarters to El Salvador in 2025.

Tether mints USDT when clients deposit dollars and burns it when they redeem. The company says every token is backed by reserves, mainly short-term US Treasury bills, along with cash, repurchase agreements, gold, bitcoin and secured loans. BDO confirms the reserves every quarter in an attestation, and in 2026 KPMG completed the first full audit of Tether’s financial statements, covering 2025. USDT has no blockchain of its own: it is issued as a token on Tron (TRC-20), Ethereum (ERC-20), Solana, TON, Avalanche, Aptos and other networks.

People use USDT as a digital dollar: to settle trades on exchanges, send money across borders and park funds away from crypto price swings. Compared with USDC, issued by Circle, the differences lie in the issuer, the jurisdiction and the reserve mix, which for Tether also includes gold, bitcoin and loans. On Tron, a USDT transfer consumes the sending address’s energy and bandwidth; if there is none, the network burns TRX to cover the fee, and energy can be obtained by staking TRX or renting it.

What it’s used for

trading pairs and settlement on crypto exchanges
moving dollar value across borders
holding funds without crypto price swings

Risks

issuer risk: the peg rests on one company’s reserves and its willingness to redeem; in 2021 the US CFTC fined Tether over earlier claims that USDT was fully backed
Tether can freeze USDT at any address, for example at the request of law enforcement or because of sanctions
regulatory limits: after the EU’s MiCA rules took effect, major exchanges stopped offering USDT trading to customers in the EU

Contract addresses

Check the contract address before you buy or send: fake tokens copy the name and ticker, but their address is different.

Network	Contract	Open
Ethereum (ERC-20)	`0xdac17f958d2ee523a2206206994597c13d831ec7`	Open
Tron (TRC-20)	`TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t`	Open
Solana (SPL)	`Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB`	Open
TON	`EQCxE6mUtQJKFnGfaROTKOt1lZbDiiX1kCixRv7Nw2Id_sDs`	Open

More networks: 7

Network	Contract	Open
Avalanche C-Chain	`0x9702230a8ea53601f5cd2dc00fdbc13d4df4a8c7`	Open
Aptos	`0x357b0b74bc833e95a115ad22604854d6b0fca151cecd94111770e5d6ffc9dc2b`
Celo	`0x48065fbbe25f71c9282ddf5e1cd6d6a887483d5e`
Kava	`0x919c1c267bc06a7039e03fcc2ef738525769109c`
Klay Token	`0xd077a400968890eacc75cdc901f0356c943e4fdb`
NEAR	`usdt.tether-token.near`
Tezos	`KT1XnTn74bUtxHfDtBmm2bGZAQfhPbvKWR8o`

Check a USDT address before the deal

mexm AML shows where the coins came from: scams, darknet, mixers, sanctions. Networks: Ethereum (ERC-20), Tron (TRC-20). First check free.

Check an address

Send USDT TRC-20 for less

Rent TRON energy: a transfer to an address that holds USDT costs about 2.5 TRX instead of 6.5 TRX.

TRON energy

Questions

How much is Tether worth today?

As of November 11, 2026, Tether trades at $0.9991. Over 24 hours the price moved 0.00%, over 7 days 0.00%. The price on this page refreshes automatically.

How many USDT are in circulation?

177.0 B USDT are in circulation. There is no maximum supply. The fully diluted value of all coins is $182.4B.

What is the difference between USDT TRC-20 and ERC-20?

They are the same Tether dollar issued on different blockchains: TRC-20 on Tron and ERC-20 on Ethereum. Fees on Tron are paid with energy or TRX, on Ethereum in ETH. Before sending, check that the recipient accepts USDT on that exact network.

Can Tether freeze USDT?

Yes. The USDT contracts include a function that blocks an address, and Tether uses it at the request of law enforcement and for addresses on the US OFAC sanctions list. Frozen USDT cannot be moved until the issuer lifts the block.

How do I check a USDT address for AML risk?

Open @AMLmexmBot, pick the network (Ethereum (ERC-20), Tron (TRC-20)) and send a wallet address or a transaction hash. The bot shows the risk score in percent and where the funds came from. Your first check is free.

Prices and analytics are for information only and are not investment advice. Market data source: CoinGecko.