USDT/USD referenceDirect U.S.-dollar market data from Coinbase Exchange.Methodology →
Current reference$0.99842
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24-hour USDT/USD history
About Tether
A dollar-targeting stablecoin issued by Tether and used as a crypto-market quote asset.
Tether began issuing dollar-targeting tokens in 2014 and now supports USDT on several host networks.
Tether appears in this directory for research, not as an endorsement. Its stablecoin design should be judged through the documented network, supply, control, and failure model rather than through the USDT unit price alone.
How to read the USDT price
The displayed USDT reference is the latest available observation from Coinbase Exchange for USDT/USD. It belongs to that venue, quote asset, and timestamp; Tether has no single official global price.
An executable USDT order can differ after spread, depth, slippage, fees, payment method, and location. The market label above shows which currency or asset defines the observed price.
Reserve, redemption, and host-chain review for Tether
Identify the issuer, reserve evidence, redemption path, address controls, and each host network before treating a dollar target as cash equivalence.
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 documented USDT role includes a dollar-targeting settlement and quote unit inside crypto markets.
Main risks
For Tether, material risks include reserve quality, issuer solvency, banking access, redemption limits, address freezes, host-chain failures, and temporary loss of the dollar target.
What to verify in the Tether transparency
Confirm the current USDT software or contract, the supply mechanism, parties with upgrade or administrator authority, dependencies such as validators, issuers or bridges, and liquidity in the exact USDT/USD market. Leave any unsupported field unanswered instead of filling it with a market-cap ranking or social claim.
Tether origin and launch context
Tether began issuing dollar-targeting tokens in 2014 and now supports USDT on several host networks.
How Tether 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.