Stablecoin

Tether (USDT) price today

Tether (USDT) is the largest stablecoin in the market: a token issued by a private company that aims to hold a 1-to-1 peg to the US dollar.

Tether price now

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Price in US dollars (USD)
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Price in Brazilian reais (BRL)
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.

What is Tether?

USDT is a stablecoin launched in 2014 and issued by the company Tether. Each unit aims to be worth one US dollar, and the issuer states that it holds reserves matching the amount in circulation.

Unlike Bitcoin, USDT is centralized: issuance, redemption and reserves depend on the company. The token circulates on several blockchains, such as Ethereum, Tron and Solana.

How Tether works

Tether issues new tokens when eligible customers deposit dollars and destroys them on redemption. In the secondary market, arbitrage between the trading price and the redemption value tends to keep the quote close to $1.

Reserves consist mainly of US Treasury bills and other assets, disclosed in periodic reports published by the company itself.

USDT on each network is a different token. Sending it to an address on another network, or over a network the destination platform does not support, can result in lost funds.

What USDT is used for

  • The most widely used trading pair on cryptocurrency exchanges.
  • A way to step out of volatility without converting to traditional currency.
  • International transfers and remittances that settle in minutes.
  • Collateral and liquidity in decentralized finance applications.

Risks and points of attention

  • Issuer risk: the peg depends on the reserves and on the company's ability to honor redemptions.
  • Temporary depeg: the price can move away from $1 during market stress.
  • Freezing: the issuer can block tokens at specific addresses, for example at the request of authorities.
  • Regulatory and currency risk: stablecoin rules vary by country, and the value in other currencies follows the dollar exchange rate.

Key facts

SymbolUSDT
Asset typeStablecoin
Launch2014
Issuer or organizationTether
NetworkMulti-chain (Ethereum, Tron, Solana and others)
Maximum supplyNo cap: issued and redeemed on demand

Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.

Frequently asked questions about Tether

Is USDT always worth 1 dollar?

That is the goal, but it is not guaranteed. The market price usually moves by fractions of a cent and has drifted further from the peg during periods of stress.

What is the difference between USDT and USDC?

Both aim for a dollar peg, but they are issued by different companies, with different reserve composition, audits and regulatory status. Compare issuer, transparency and supported networks.

Which network should I use to send USDT?

The same network accepted by the destination wallet or exchange. Fees and speed differ across Ethereum, Tron, Solana and others, and picking the wrong network can cause loss of funds.

Why does the USDT price in Brazilian reais change?

Because USDT tracks the dollar. Its value in reais rises or falls with the exchange rate even when the dollar peg holds.

Where does the Tether price on this page come from?

The panel shows the USDT price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.