Compare Tether (USDT) Interest Rates
Tether (USDT) Lending Rates
| Platform | Coin | Interest rate |
|---|---|---|
| Nexo | Tether (USDT) | Up to 16% APY |
| Nebeus | Tether (USDT) | Up to 13% APY |
| EarnPark | Tether (USDT) | Up to 35% APY |
Tether (USDT) Staking Rewards
| Platform | Coin | Staking rewards |
|---|---|---|
| YouHodler | Tether (USDT) | Up to 18% APY |
Tether (USDT) Borrowing Rates
| Platform | Coin | Interest rate |
|---|---|---|
| Nexo | Tether (USDT) | From 2.9% APR |
| Nebeus | Tether (USDT) | From 10% APR |
| YouHodler | Tether (USDT) | From 10% APR |
Best Tether (USDT) Rates
| Platform | Coin | Price |
|---|---|---|
| Nexo | Tether (USDT) | 1 |
| EarnPark | Tether (USDT) | 1 |
| Binance | Tether (USDT) | 1 |
| BTSE | Tether (USDT) | 1 |
| OKX | Tether (USDT) | 1 |
| Bake | Tether (USDT) | 1 |
Price of Tether (USDT) Today
As of the latest data, Tether (USDT) is currently priced at $1.00 with a market capitalization of $186,071,446,629.27. The 24-hour trading volume stands at $94,090,350,797.00, The circulating supply of Tether is approximately 186071446629.2715. The cryptocurrency has seen a 0.01% increase in value over the past 24 hours.
About Tether (USDT)
Tether (USDT) is a stablecoin designed to maintain a 1:1 peg with the US dollar, utilizing blockchain technology for efficient transactions. While details about its consensus mechanism are not publicly available, Tether has shifted its support across various blockchains, discontinuing support for...
Tether (USDT) plays a crucial role in the cryptocurrency market, primarily facilitating trading and providing liquidity on exchanges. Its stable value allows traders to hedge against market volatility, enabling quick conversions to USDT during price fluctuations.
Tether (USDT) operates on a tokenomics model that maintains its dollar peg through a supply mechanism responsive to market demand. The total supply of USDT is dynamically managed, with tokens minted or burned based on user transactions and market conditions.
Tether (USDT) incorporates various security features to protect its network and transaction integrity. While specific validation processes are not publicly disclosed, Tether operates on multiple blockchains, each with unique security protocols.
Since its launch in 2014, Tether (USDT) has reached significant milestones, reflecting its evolution in the cryptocurrency landscape. It pioneered the concept of a stablecoin pegged to the US dollar, quickly gaining popularity among traders.
How to Keep Your Tether (USDT) Safe?
To enhance the security of your Tether (USDT), consider using a hardware wallet, which provides offline storage and protection against hacking; popular options include Ledger and Trezor. For private key management, ensure you generate and store keys in a secure, offline environment, and never share them; utilize a password manager for added security. Be aware of common risks such as phishing attacks and malware; mitigate these risks by using two-factor authentication (2FA) and regularly updating your software. Implement multi-signature wallets to require multiple approvals for transactions, adding an extra layer of security. Lastly, establish a robust backup procedure by securely storing recovery phrases and wallet backups in multiple locations, ensuring you can recover your assets in the event of loss or theft.
How Tether (USDT) Works
Tether (USDT) operates primarily on multiple blockchain architectures, including Ethereum, Tron, and others, which utilize smart contracts to facilitate the issuance and redemption of tokens. The consensus mechanism varies by blockchain; for instance, Ethereum employs a proof-of-stake model, while Tron uses a delegated proof-of-stake approach, enabling efficient transaction processing. Transactions are validated through a network of nodes that verify the authenticity of transactions before they are added to the blockchain, ensuring that each USDT token is backed by an equivalent amount of fiat currency held in reserve. Network security measures include cryptographic techniques to secure transactions and the use of multi-signature wallets to protect reserves. Unique technical features of Tether include its ability to provide liquidity across different blockchain networks and its pegged value to fiat currencies, which aims to minimize the volatility typically associated with cryptocurrencies.
Tether Earning Guide
Frequently Asked Questions About Tether (USDT) Interest Rates
- What is Tether (USDT) and how does it maintain its 1:1 value with the U.S. dollar?
- Tether (USDT) is a stablecoin designed to maintain a value close to $1 USD. It achieves this by pegging USDT to fiat reserves and issuing digital tokens against those reserves. Tether Limited has stated that each USDT is backed by cash or cash equivalents held in reserve, intended to anchor the token’s value to the US dollar. In practice, users can swap USDT for USD or other currencies on many exchanges, which provides a stable unit of account and a liquidity bridge for trading cryptocurrencies. It’s important to note that while Tether has claimed full 1:1 backing, third-party audits and reserve disclosures have been a point of discussion in the community, so investors should stay informed about reserve transparency and regulatory developments.
- Where can I use USDT, and what are the best practices for transferring or storing it securely?
- USDT is widely supported across major crypto exchanges and wallets. You can trade USDT for other cryptocurrencies, convert it to fiat via the Tether platform, or withdraw it to a compatible wallet. When transferring USDT, choose the appropriate blockchain or protocol variant (for example, Omni Layer, Ethereum ERC-20, Tron TRC-20, Solana, etc.), as fees, speed, and compatibility vary by network. For storage, use a reputable wallet that supports the USDT variant you hold. Hardware wallets (like Ledger or Trezor when paired with compatible software) are the safest option for long-term holdings, while software wallets are convenient for active trading. Always verify recipient addresses, enable two-factor authentication on exchange accounts, and consider temperature-controlled storage in rounds of funds to minimize security risks.
- What are the risks and considerations I should know before using USDT for trading or liquidity provisioning?
- Key considerations include reserve transparency and regulatory risk, as opinions and audits around Tether’s backing have evolved over time. While USDT offers stability relative to volatile crypto markets, it is not risk-free—regulatory actions, reserve disclosures, or operational issues at Tether Limited could impact liquidity. Traders should watch for minting and redemption mechanics, understand any fees charged by exchanges or wallets for conversions, and be aware of network-driven risks such as double-spend threats or blockchain congestions on specific USDT variants. Diversifying across stablecoins or using fiat on-ramps when feasible can help mitigate single-asset risk. Finally, assess liquidity depth on the trading venues you use to ensure you can enter and exit positions without slippage during high-volatility periods.
AVAX
BTC
BNB
ADA
LINK
DOGE
ETH
STETH
DOT
SHIB
SOL
XLM