USDT Price : 1 (As of 2024-10-10)
Basic Info
Tether (USDT) is a type of cryptocurrency that is tied to the value of the US dollar. It's called a stablecoin because its price is anchored at $1 per coin. People use Tether as a medium when they move from one cryptocurrency to another instead of moving back to dollars. Tether aims to combine the stability of the dollar with the technological advantages of a cryptocurrency, facilitating stable digital transactions. However, some people are concerned that Tether isn't safely backed by dollars held in reserve but instead uses a short-term form of unsecured debt.
USDT Price was 1 as of 2024-10-10, according to GuruFocus. Historically, USDT Price reached a record high of 1 and a record low of 1, the median value is 1. Typical value range is from 1 to 1. The Year-Over-Year growth is -0.09%. GuruFocus provides the current actual value, an historical data chart and related indicators for USDT Price - last updated on 2024-10-10.
| Category | Market Trend |
| Region | USA |
| Source | GuruFocus |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 1 | ||
| Latest Period | 2024-10-11 | ||
| Long Term Average | 1.00 | ||
| Average Annualized Growth Rate | 0% | ||
| Value from The Previous Market Day | 1 | ||
| Change from The Previous Market Day | 0% | ||
| Value from 1 year ago | 1 | ||
| Change from 1 year ago | 0% | ||
| Frequency | Daily | ||
| Unit | USD |
Related Indicators
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