BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

BITCOIN

₹63,18,405.14

0.808%

ETHEREUM

₹3,26,189.46

0.487%

TETHER USDT

₹93.02

0.027%

BNB

₹55,690.96

0.347%

SOLANA

₹16,694.50

3.267%

USDC

₹92.98

0.014%

XRP

₹55.23

0.167%

DOGECOIN

₹12.76

1.651%

CARDANO

₹40.00

1.641%

AVALANCHE

₹2,997.25

11.931%

TRON

₹12.49

0.245%

SHIBA INU

₹0.001681

0.913%

POLKADOT

₹589.81

0.076%

CHAINLINK

₹1,360.38

2.261%

BITCOIN CASH

₹36,547.45

1.217%

NEAR PROTOCOL

₹579.96

0.83%

LITECOIN

₹6,840.62

0.042%

POLYGON

₹50.26

0.048%

PEPE

₹0.001143

0.298%

INTERNET COMPUTER

₹963.48

0.655%

Home

/

Coins

/

Tether

USDT

Tether USDt

USDT

₹93.00

LIVE

Price of USDT today

The current live price of USDT today is ₹93.00, with a 24-hour trading volume of ₹42,82,95,92,57,071.98. Our USDT to INR price is updated in real-time. USDT has seen a decrease of -0.00% in the last 24 hours. With a live market cap of ₹1,06,10,94,40,55,184.27 , the circulating supply is at 114,039,204,814 USDT coins, with a maximum supply of 117,072,162,582USDT coins.

Tether USDt Price History

Date ComparisonAmount Change% Change
Today₹0.00

0%

7 Days₹0.00

0%

30 Days₹0.00

0%

1 Year₹1,020.87

13.38%

Tether USDt Price Information

Price Change (1hr)

0%

Price Change (24hr)

0%

Price Change (7d)

0%

Tether USDt Market Stats

Market Cap

₹1,06,10,94,40,55,184.27

Fully Diluted Market Cap

₹1,08,93,15,00,32,000.34

24hr Volume

₹42,82,95,92,57,071.98

11.49%

Circulating Supply

114039204814.28 USDT

Total Supply

117072162581.52 USDT

Things to know about Tether USDt

What is Tether (USDT)?

  • Tether (USDT) is a blockchain-based cryptocurrency whose tokens in circulation are backed by an equivalent amount of U.S. dollars.

  • Cryptocurrency stablecoin pegged to USD 1.00.

  • It aims to combine digital currency benefits with stability.

Tokenomics

  • There is no maximum supply limit; circulating supply adjusts based on demand.

  • Tokens were issued or burned to maintain the USD peg; 71.2 billion USDT is in circulation as of the last update.

Market Data

As of today #{today’s date}, the price of Tether USDt is ₹93.00 INR or 1 USD, with a 24-hour trading volume of 46053325344.86 USD. The market capitalisation for Tether USDt is 114096172636.39USD. The circulating supply is 114039204814.28 Tether USDt, with the total supply also being 117072162581.52 Tether USDt.

Pros and Cons

Pros:

  • Stability:

  • USDT offers price stability, making it a safe haven during market volatility.

  • Widespread Acceptance:

  • It is widely accepted across exchanges and used for trading pairs.

  • Transparency:

  • Tether claims to maintain transparency by publishing daily reports of its reserves.

Cons:

  • Controversies and Legal Issues:

  • Tether has faced scrutiny and legal challenges regarding the backing of its tokens.

  • Centralisation Risks:

  • Being controlled by a single entity, Tether Limited introduces centralisation risks.

Why Should You Invest in the Coin?

  • Stability and utility in the cryptocurrency market.

  • Useful for hedging against volatility, facilitating trades, and moving funds.

USP of the Coin

  • Maintains a constant value of $1, offering stability.

Problem the Coin is Solving

  • Addresses cryptocurrency volatility by providing a stable value for transactions.

Founder and Team Background

  • Tether was founded by Brock Pierce, Reeve Collins, and Craig Sellars.

  • The team has backgrounds in cryptocurrency entrepreneurship and technology development.

ICO Price

  • No traditional ICO; tokens issued/burned based on demand and reserves.

Risks Associated in Investing in the Coin

  • Regulatory scrutiny and legal challenges.

  • Transparency concerns regarding reserve backing.

  • Market trust issues could affect peg maintenance and utility.

Whitepaper Insights

The Tether whitepaper presents a comprehensive overview of Tether, a cryptocurrency token pegged to fiat currencies to provide a stable and decentralised medium of exchange on the blockchain. The abstract introduces the concept of Tether, or "tethers," as digital tokens backed by fiat currency, offering a one-to-one reserve ratio with the real-world asset to maintain price stability and accountability.

The introduction highlights the potential of the Bitcoin blockchain for transacting and accounting for global wealth, estimated at around 250 trillion dollars. Tether aims to leverage this technology to facilitate transactions in less volatile currencies and assets.

The whitepaper details the technology stack and processes involved in Tether's operation. It consists of three layers: the Bitcoin blockchain, the Omni Layer protocol, and Tether Limited, the entity responsible for issuing tethers and maintaining fiat reserves. The Omni Layer protocol enables tethers' creation, tracking, and management, while Tether Limited handles fiat deposits, tether issuance, and reserves custody.

The flow of funds process is outlined in five steps: a user deposits fiat currency into Tether Limited's bank account. It ends with Tether Limited destroying the tethers and sending fiat currency back to the user's bank account upon redemption. This process ensures that an equivalent amount of fiat currency always backs tethers in circulation.

The whitepaper emphasises the Proof of Reserves process, which is crucial for maintaining trust in the tether system. Tether Limited publishes its bank balance and undergoes periodic audits to prove that the number of tethers in circulation equals or is less than the fiat currency held in reserves. The transparency page on Tether's website provides real-time information on the reserve balance.

Implementation weaknesses are acknowledged, such as the potential for Tether Limited's bankruptcy or issues with its banking partners. However, the whitepaper argues that these risks are mitigated by the simplicity of the implementation and the security measures in place.

The main applications of tethers are discussed for exchanges, individuals, and merchants, highlighting the benefits of using a stable, familiar unit of account that can be transacted on the Bitcoin blockchain.

Future innovations are briefly mentioned, including using multi-signature and smart contracts to improve security and introduce new features. The conclusion reiterates Tether's position as the first Bitcoin-based fiat-pegged cryptocurrency, emphasising its commitment to regular audits and a secure operation foundation.

In summary, the Tether whitepaper presents a solution for a stable digital currency that combines the benefits of blockchain technology with the stability of fiat currencies, aiming to provide a reliable medium of exchange for the cryptocurrency ecosystem.

Returns Calculator

One Time

Investment Amount

Investment Period

Returns

9300

0%

USDT to Converter

Quantity

USDT

USDT

Price

fiat

Price as per 08:42 PM • 21 Jul 2024

Recently Added Cryptocurrencies

Introducing the newly added cryptocurrencies on Mudrex.

Popular Conversion Pairs

A list of popular conversion pairs, including both fiat and cryptocurrencies.

Have a question not answered?

You can contact us at help@mudrex.com

What is the price of Tether USDt (USDT)?

The current price of Tether USDt (USDT) in INR is ₹93.00 INR.

What is the current USDT market cap?

The current market capitalization of Tether USDt (USDT) is ₹1,06,10,94,40,55,184.27 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of USDT by the number of coins in circulation.

What is the current supply of Tether USDt (USDT)?

The current supply of Tether USDt (USDT) is 114039204814.28 USDT. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Tether USDt (USDT)?

The 24-hour trading volume of Tether USDt (USDT) in INR is ₹42,82,95,92,57,071.98. This figure represents the total value of all USDT transactions across various exchanges within the last 24 hours.

How to Buy Tether USDt (USDT) in India?

To buy Tether USDt (USDT) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in USDT.

Can I buy Tether USDt (USDT) with UPI?

Yes, you can buy Tether USDt (USDT) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Tether USDt (USDT) to Indian Rupee (INR)?

To convert Tether USDt (USDT) to Indian Rupee (INR), you can use our USDT/INR conversion rates in real time.

2024 Mudrex Inc.

Address:

4th floor, 315 Work Avenue Building, 257, 16th Cross, 5th Main Rd, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102