Tether (USDT) Latest Crypto Analysis Report – Oct 16, 2026, 2:52 PM UTCTether (USDT) holds 0.07% from its $1 peg
Updated Oct 16, 2026, 2:52 PM UTCTether (USDT) is +0.02% over 24 hours with a market cap of $183.53 billion (rank #3).
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges! According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses blockchain. Unlike other cryptos, it is [according to the official Tether site] “100% backed by USD” (USD is held in reserve). The primary use of Tether is that it offers some stability to the otherwise volatile crypto space and offers liquidity to exchanges who can’t deal in dollars and with banks (for example to the sometimes controversial but leading exchange Bitfinex) The digital coins are issued by a company called Tether Limited that is governed by the laws of the British Virgin Islands, according to the legal part of its website. It is incorporated in Hong Kong.
| Item | Detail |
|---|---|
| Category | Stablecoins, USD Stablecoin, Solana Ecosystem, Avalanche Ecosystem |
| Hashing algorithm | Not applicable (token) |
| Official website | tether.to |
| Chain | Contract |
|---|---|
| ethereum | 0xdac17f958d2ee523a2206206994597c13d831ec7 |
| klay-token | 0xd077a400968890eacc75cdc901f0356c943e4fdb |
| tezos | KT1XnTn74bUtxHfDtBmm2bGZAQfhPbvKWR8o |
| tron | TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t |
| solana | Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB |
| near-protocol | usdt.tether-token.near |
| kava | 0x919c1c267bc06a7039e03fcc2ef738525769109c |
| celo | 0x48065fbbe25f71c9282ddf5e1cd6d6a887483d5e |
| the-open-network | EQCxE6mUtQJKFnGfaROTKOt1lZbDiiX1kCixRv7Nw2Id_sDs |
| aptos | 0x357b0b74bc833e95a115ad22604854d6b0fca151cecd94111770e5d6ffc9dc2b |
| avalanche | 0x9702230a8ea53601f5cd2dc00fdbc13d4df4a8c7 |
| Metric | Value |
|---|---|
| Price | $0.9993 |
| 24h change | +0.02% |
| 24h high / low | $0.9993 / $0.9989 |
| 24h trading volume | $53.31 billion |
| Market cap | $183.53 billion |
| Market cap rank | #3 |
| Fully diluted valuation | $188.99 billion |
| Circulating supply | 183,663,961,197 USDT |
| Total supply | 189,130,909,645 USDT |
| Max supply | No fixed cap listed |
| 7d / 30d / 1y change | +0.00% / -0.01% / -0.13% |
| All-time high | $1.32 on 2018-07-23 (-24.47% from ATH) |
| All-time low | $0.5725 on 2015-03-01 (+74.54% from ATL) |
Daily closes, 2025-10-17 to 2026-10-16: low $0.9984, high $1.00.
| Date (UTC) | Close | Change | Volume |
|---|---|---|---|
| 2026-10-16 (live) | $0.9993 | +0.02% | $53.31 billion |
| 2026-10-15 | $0.9991 | -0.03% | $58.36 billion |
| 2026-10-14 | $0.9994 | +0.03% | $58.47 billion |
| 2026-10-13 | $0.9991 | +0.00% | $54.81 billion |
| 2026-10-12 | $0.9991 | -0.01% | $33.28 billion |
| 2026-10-11 | $0.9992 | -0.01% | $30.18 billion |
| 2026-10-10 | $0.9993 | +0.00% | $49.18 billion |
| 2026-10-09 | $0.9993 | -0.03% | $80.41 billion |
| 2026-10-08 | $0.9996 | -0.03% | $75.47 billion |
| 2026-10-07 | $0.9999 | -0.00% | $50.74 billion |
| 2026-10-06 | $0.9999 | +0.01% | $59.96 billion |
| 2026-10-05 | $0.9999 | +0.00% | $31.23 billion |
| 2026-10-04 | $0.9999 | -0.00% | $29.72 billion |
| 2026-10-03 | $0.9999 | +0.02% | $81.37 billion |
| 2026-10-02 | $0.9997 | +0.02% | $63.99 billion |
| 2026-10-01 | $0.9995 | -0.01% | $64.96 billion |
| 2026-09-30 | $0.9997 | +0.00% | $60.77 billion |
| 2026-09-29 | $0.9997 | -0.01% | $75.66 billion |
| 2026-09-28 | $0.9998 | -0.01% | $43.13 billion |
| 2026-09-27 | $0.9998 | -0.00% | $35.13 billion |
| 2026-09-26 | $0.9998 | +0.01% | $68.95 billion |
| 2026-09-25 | $0.9997 | -0.01% | $68.60 billion |
| 2026-09-24 | $0.9998 | -0.00% | $81.69 billion |
| 2026-09-23 | $0.9998 | +0.01% | $79.65 billion |
| 2026-09-22 | $0.9998 | +0.01% | $105.33 billion |
| 2026-09-21 | $0.9997 | +0.01% | $48.93 billion |
| 2026-09-20 | $0.9996 | -0.01% | $50.22 billion |
| 2026-09-19 | $0.9997 | +0.04% | $84.92 billion |
| 2026-09-18 | $0.9993 | -0.01% | $49.74 billion |
| 2026-09-17 | $0.9994 | -0.01% | $59.75 billion |
A dated, factual note for every day: the move vs the prior day, vs the 7, 30 and 200-day averages, volume vs average and distance from the all-time high. Newest first.
Oct 16, 2026
Oct 15, 2026
Oct 14, 2026
Oct 13, 2026
Oct 12, 2026
Oct 11, 2026
Oct 10, 2026
Tether is trading at $0.9993 as of Oct 16, 2026, 2:52 PM UTC, +0.02% over 24 hours (CoinGecko).
$183.53 billion, ranked #3 by market cap.
$1.32, set on 2018-07-23. It is -24.47% from that level now.
183,663,961,197 USDT circulating; no max supply is listed.
Information only. Not financial or investment advice and not a recommendation to buy, sell or hold any asset. No price predictions. Data: CoinGecko; may be delayed or inaccurate.