USDT, also known as Tether USDt, is a popular stablecoin cryptocurrency launched in 2015. Its current price is around $1.00 USD, with a slight increase of 0.03-0.05% over the last 24 hours. The market capitalization of USDT is approximately $160.35-$160.92 billion, with a circulating supply of 160.26 billion tokens.
*Key Features:*
- *Stablecoin:* USDT is designed to maintain a stable value, pegged to the US dollar.
- *Wide acceptance:* USDT is widely accepted on various cryptocurrency exchanges, including Kraken, Binance, and Gate.
- *Conversion:* You can easily convert USDT to USD or other currencies.
*Conversion Rates:*
- 1 USDT = 1 USD
- 100 USDT = 100.05-100.07 USD
- 1000 USDT = 1,000.46-1,000.65 USD
*Tether's Bitcoin Holdings:*
- Tether, the company behind USDT, has significant Bitcoin holdings, with approximately 75,354 BTC worth around $618 million.
- The company aims to become the world's largest Bitcoin miner by the end of 2025 ¹.
*Where to Buy USDT:*
- You can buy USDT on various cryptocurrency exchanges, such as Gate, Kraken, and Binance.
- When purchasing USDT, consider channel selection, cost optimization, and security measures ² ³.