Tether is a popular stablecoin that is designed to maintain a 1:1 peg with the US dollar. The main idea is to combine the advantages of digital currency with the stability of fiat. Unlike volatile cryptocurrencies, the price stays close to one USD, which makes it easier for people to use it for saving, payments, and trading. Stablecoin was originally launched on the Bitcoin blockchain via the Omni protocol, but it has since expanded to other blockchains like Ethereum (ERC-20) and Tron (TRC20).
Tether USDT (TRC20) Crypto – Price, Exchange & Converter
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TRC20 Coin Market Data
USDT market info
Tether USD (TRON) Price is $1.0004. Its current circulating supply is usdt 159,826,220,134 with a market cap of $157,539,483,802.6.
PRICE
$ 1.0004
MARKET CAP
$ 157,539,483,802.6
24h % PRICE
-0.01 %
24H VOLUME
$ 62,690,199,512.66
7d % PRICE
0.03 %
COIN SUPPLY
159,826,220,134 USDT
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Tether FAQ
Head to the top of this page to view the TRC20 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 Elixir calculator which will calculate both the asset price and fees.
This basically means that there should be some reserves or backing held by Tether Ltd, the issuer of the USDT native token, for every token put into the market, and that is to ensure price stability. Unlike the usual cryptocurrencies that keep going up or down in value, the stablecoin aims to stay constant; thus, this makes it perfect for trading, transferring funds, and storing value without volatility on coins like Bitcoin or Ether.
It is a crypto wallet that supports tokens on the Tron network. One of the popular wallets that support TRC20 is the NOW Wallet.