Tether (USDT) Price Today

About Tether (USDT)

Tether (USDT) is a stablecoin designed to track the value of the US dollar, so one USDT aims to stay worth about one dollar. It is widely used as a stable unit for trading and transfers. As of the latest update, one USDT is worth $0.9997. Because crypto markets never close, this figure reflects the most recent data and will keep moving.

How the Tether price is determined

There is no single official USDT price. Tether trades on many exchanges at once, each with its own order book, and the figure shown here is drawn from market data aggregated across major venues. Because crypto markets run 24 hours a day, every day of the year, the price can move at any time, including overnight and on weekends when traditional currency markets are closed.

Tether can also be more volatile than traditional currencies, so the value you see is best read as accurate as of right now rather than a locked quote. For a deeper explanation, see our guide on how crypto differs from fiat, and on reading market cap, supply, and volume.

How to convert USDT to other currencies

Currvo converts Tether by first expressing it in US dollars and then into your chosen currency, the same consistent method it uses for every asset. The table above shows 1 USDT in major world currencies, and you can convert any amount, in either direction, on the main converter. The rates shown are mid-market reference rates; an exchange or broker where you actually buy or sell USDT may quote a slightly different price after fees.

Tether conversion FAQ