The ERC-20 version of Tether (USDT) was launched in 2017 on the Ethereum blockchain. It functions as a stablecoin pegged 1:1 to the US dollar, designed to combine the price stability of fiat currency with the efficiency and programmability of Ethereum’s smart contracts. It has become one of the most widely used stablecoins in the Ethereum ecosystem.
Tether USD (Ethereum) (USDTERC20)
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Tether USD (Ethereum) Market Data
Tether USD (Ethereum) price, market cap and supply
Tether USD (Ethereum) Price is $1.0005. Its current circulating supply is usdt 177,071,777,792 with a market cap of $173,119,989,945.81.
PRICE
$ 1.0005
MARKET CAP
$ 173,119,989,945.81
24h % PRICE
0.01 %
24H VOLUME
$ 130,883,767,145.18
7d % PRICE
-0.01 %
COIN SUPPLY
177,071,777,792 USDT
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What is Tether USD (Ethereum) stablecoin?
Tether USD (USDT) is a stablecoin designed to maintain a 1:1 peg to the US dollar, meaning each USDT token is intended to be worth approximately $1. The Ethereum version, USDT-ERC20, is a specific implementation of USDT on the Ethereum blockchain, adhering to the ERC-20 token standard. This allows USDT-ERC20 to be used in Ethereum-based decentralized applications (DApps), smart contracts, and DeFi protocols
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