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. As an ERC-20 token USDT can be easily integrated into decentralized applications (dApps), used in DeFi protocols, and transferred quickly and cheaply across Ethereum wallets. It has become one of the most widely used stablecoins in the Ethereum ecosystem.
Tether USD (Ethereum) (USDTERC20)
See current Tether USD (Ethereum) exchange rate on ChangeNOW. No need to create an account. Remember: cryptocurrencies are volatile; always do your own research before exchange.
Tether USD (Ethereum) Market Data
Tether USD (Ethereum) market cap, price, and supply
Tether USD (Ethereum) Price is $1.0005. Its current circulating supply is usdt 156,004,039,797 with a market cap of $153,394,511,926.22.
PRICE
$ 1.0005
MARKET CAP
$ 153,394,511,926.22
24h % PRICE
0.02 %
24H VOLUME
$ 72,933,268,370.79
7d % PRICE
0.04 %
COIN SUPPLY
156,004,039,797 USDT
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What is Tether USD (Ethereum)?
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
FAQ
Tether USD (Ethereum) is a stablecoin, meaning it’s pegged to the US dollar at a 1:1 ratio. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, USDT is not designed for price appreciation but for stability and liquidity within the crypto market. It’s commonly used for trading, storing value, and accessing DeFi protocols on the Ethereum network.
Why do investors use Tether?
Tether's popularity comes from its utility rather than speculation:
• Provides a stable store of value in volatile markets;
• Enables fast, low-cost transfers across Ethereum;
• Acts as a bridge between crypto and fiat currencies;
• Widely supported on centralized and decentralized exchanges.
That said, concerns about transparency and reserve backing have sparked controversy around Tether. Still, it remains the most traded stablecoin globally.
Risk Warning: Holding Tether (USDT), while less volatile than traditional cryptocurrencies, still carries risks such as regulatory scrutiny and smart contract vulnerabilities. Always do your own research before using or investing in stablecoins.
You can buy Tether USD (Ethereum) on a variety of platforms, but one of the most convenient and beginner-friendly options is ChangeNOW. ChangeNOW is a non-custodial crypto exchange that allows you to buy Tether USD (Ethereum) crypto instantly — either by swapping it with other cryptocurrencies or purchasing it with fiat currencies like USD, EUR, or GBP.
Head to the top of this page to view the Tether USD (Ethereum) price in real time. Please note that the displayed price does not include the transaction fees applied during the exchange. You can also use our Tether USD (Ethereum) calculator which will calculate both the asset price and fees.
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