Understanding USDT - The Stablecoin Leader
USDT (Tether) maintains its peg at ≈ $0.9777 (-0.71% daily change) with a circulating supply of 138,298,010,509.15 USDT, representing significant liquidity in the crypto market. As the #3 cryptocurrency by market cap, its -0.75 BTC correlation highlights its unique role as a market stabilizer.
👉 Discover real-time USDT price movements
Key Market Metrics:
- 24H Trading Volume: ¥572.79B
- 24H Price Range: +0.86% volatility
- All-Time High: ¥-- (2017-11-11)
- All-Time Low: ¥-- (2018-02-01)
- Market Dominance: Calculated by (USDT market cap/Total crypto market cap)*100%
USDT Market Performance
Current Trends:
- 30-Day Range: ¥-- to ¥--
- 90-Day Range: ¥-- to ¥--
- 7-Day Range: ¥-- to ¥--
Historical Context:
| Metric | Value |
|---|---|
| ATH Drop | undefined% |
| YTD Change | -2.23% |
Exchange Comparison Table
| Exchange | ExRank | Latest Price(¥) | 24H Volume | 24H Amount(¥) | Market Share |
|---|
Trading Pair Dominance
USDT trading pairs account for undefined% of total crypto exchange volume, reflecting its position as the primary quote currency.
Historical Price Milestones
Annual Highs:
| Year | Price ($) |
|------|-----------|
| 2017 | -- |
| 2018 | -- |
| 2019 | -- |
| 2020 | -- |👉 Track USDT's live market position
FAQ
Q: Why does USDT price fluctuate slightly?
A: While pegged 1:1 to USD, minor deviations occur due to market demand and redemption mechanisms.
Q: How is USDT different from other stablecoins?
A: USDT has the highest liquidity and longest track record, though newer alternatives may offer more transparency.
Q: Where can I safely store USDT?
A: Major exchanges and hardware wallets like Ledger/Trezor support USDT (ERC-20, TRC-20, etc.).
Q: What factors affect USDT's market dominance?
A: Primarily trader demand for stable trading pairs and institutional adoption in arbitrage strategies.
Historical Price Data
| Date | Open($) | High($) | Low($) | Close($) | Volume($) |
|------------|---------|---------|--------|----------|-----------|Note: All price data reflects aggregate exchange information. For institutional-grade USDT analytics, visit our recommended market data platform.