Tether 24 Hour Volume Reaches $41.20 Billion (USDT)

Tether (USDT) traded up 0% against the dollar during the 24 hour period ending at 13:00 PM ET on November 20th. Tether has a total market capitalization of $87.78 billion and $41.20 billion worth of Tether was traded on exchanges in the last 24 hours. One Tether token can now be bought for about $1.00 or 0.00002658 BTC on popular exchanges. Over the last seven days, Tether has traded 0% higher against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 0.4% against the dollar and now trades at $0.37 or 0.00000982 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded down 13.4% against the dollar and now trades at $0.0008 or 0.00000002 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded up 0% against the dollar and now trades at $0.0049 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.2% lower against the dollar and now trades at $0.0085 or 0.00000022 BTC.

About Tether

Tether launched on October 6th, 2014. Tether’s total supply is 90,623,279,059 tokens and its circulating supply is 87,716,158,982 tokens. Tether’s official Twitter account is @tether_to and its Facebook page is accessible here. Tether’s official website is tether.to.

According to CryptoCompare, “Tether (USDT) is a stablecoin, a digital currency that is pegged to the value of US dollar. It is issued by a centralized company called Tether and is used to minimize volatility in an investor’s portfolio. It is also widely accepted as a payment method and is supported on multiple blockchains. USDT is often used in conjunction with cryptocurrency debit cards and is popular in the decentralized finance (DeFi) space for lending and borrowing. It is the third-largest cryptocurrency by market capitalization and is backed by reserves in cash and cash equivalents, allowing token holders to redeem their USDT for USD. Tether has also issued other stablecoins pegged to the value of other fiat currencies and commodities, such as the Chinese Yuan, the Euro, and gold.”

Tether Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Tether directly using US dollars. Investors seeking to acquire Tether should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tether using one of the exchanges listed above.

USDT/USD price chart by TradingView