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Tether price

USDT · Stablecoin

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USDT/USD referenceDirect U.S.-dollar market data from Coinbase Exchange.Methodology →
Current reference$0.99907
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About Tether

A dollar-targeting stablecoin issued by Tether and used as a crypto-market quote asset.

Tether is tracked here because it has an established public market and recurring reader interest. Inclusion is not an endorsement. Bitcoin.now compares other networks on their own terms while keeping Bitcoin's monetary design, custody model, and proof-of-work security as the site's main subject.

How to read the USDT price

There is no single official Tether price. The number above is the latest public observation from Coinbase Exchange. Another exchange can show a different last trade because its buyers, sellers, liquidity, and order book are different.

A displayed price is not the amount guaranteed for an order. Spread, fees, depth, slippage, payment method, and location can change the final value.

How Tether works

Five facts to check before treating a price as an understanding of the asset.

Reviewed 2026-08-04

Network

Tether uses a token issued across one or more host blockchains rather than a separate proof-of-work monetary network.

Issuance and supply

For USDT, Tether issues and redeems USDT under its customer, reserve, and supported-network policies.

Who can influence it

The issuer can influence issuance, redemption, supported chains, and address controls, while each host chain adds separate technical dependencies.

Main use

The intended role includes a dollar-targeting settlement and quote unit inside crypto markets.

Main risks

Material risks include reserve quality, issuer solvency, banking access, redemption limits, address freezes, host-chain failures, and temporary loss of the dollar target.

Questions to verify for yourself

Who can change the software or token contract? Where can supply data be reproduced? Which keys, validators, administrators, bridges, or issuers must keep working? How much real liquidity exists near the displayed price? A useful asset review answers those questions with current primary documentation instead of relying on market capitalization or social attention.

Tether network history

Tether began issuing dollar-targeting tokens in 2014 and now supports USDT on several host networks.

How transactions are validated

USDT does not have one validator set of its own; transfers inherit the rules and finality of the selected host chain.

What makes USDT different

The issuer manages creation, redemption and address-control capabilities, making reserve and counterparty analysis essential.

Tether price questions

Short answers to the things readers usually need before using a market number.

What is the current Tether price?

The current Bitcoin.now reference is based on USDT/USD from Coinbase Exchange. It updates from public market data and is informational only.

How does Tether validate transactions?

USDT does not have one validator set of its own; transfers inherit the rules and finality of the selected host chain.

What are the main USDT risks?

Reserve quality, issuer solvency, banking access, redemption limits, address freezes, host-chain failures, and temporary loss of the dollar target.

Is USDT/USDT the same as USDT/USD?

No. USD is fiat money. USDT is a privately issued stablecoin that targets the U.S. dollar. Bitcoin.now keeps those quote assets visibly separate.

Can I buy Tether here?

No. Bitcoin.now has no accounts, custody, wallet connections, or order execution. It provides prices and education only.