Tether (USDT) is the world's first and most popular stablecoin. It was created by Tether Limited, a blockchain-based asset issuing company that links its assets to the price of government currencies. After launching in 2014, Tether Limited wanted to make fiat currencies like USD, and EUR more compatible with the new wave of cryptocurrency assets. Every USDT token is exchangeable for 1 U.S. dollar which is held in custody by Tether Limited. According to them, the total value of all USDT is said to equal the reserves held by the firm.
The USDT price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines Tether price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor USDT prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest USDT price anytime, anywhere. For infinity.
The crypto market constantly changes, however, our interest rates are stable as ever. Since 2019, our USDT savings account has featured 12% APR + compounding interest. Good luck finding that stability elsewhere.