common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What is the current supply of Tether (USDT) in circulation?

avatarSalma TawfikDec 06, 2021 · 3 years ago3 answers

Can you provide information on the current supply of Tether (USDT) in circulation? I am interested in knowing the total number of USDT tokens that are currently in circulation.

What is the current supply of Tether (USDT) in circulation?

3 answers

  • avatarDec 06, 2021 · 3 years ago
    Sure! As of now, the current supply of Tether (USDT) in circulation is approximately 62 billion tokens. Tether is a stablecoin that is pegged to the value of the US dollar, and it is widely used in the cryptocurrency market for trading and transactions. The supply of USDT can fluctuate over time as new tokens are minted or burned based on market demand and supply. It's important to note that Tether undergoes regular audits to ensure transparency and maintain the peg to the US dollar.
  • avatarDec 06, 2021 · 3 years ago
    The current supply of Tether (USDT) in circulation is around 62 billion tokens. Tether is a popular stablecoin in the cryptocurrency market and is widely used for trading and as a store of value. The supply of USDT can change as new tokens are issued or existing tokens are redeemed. Tether aims to maintain a 1:1 ratio with the US dollar, providing stability and liquidity to the crypto ecosystem.
  • avatarDec 06, 2021 · 3 years ago
    According to the latest data, the current supply of Tether (USDT) in circulation is approximately 62 billion tokens. Tether is one of the most widely used stablecoins in the cryptocurrency market and is often used as a substitute for fiat currencies on various exchanges. The supply of USDT can vary as new tokens are minted or burned based on market demand. It's worth noting that Tether has faced some controversies in the past regarding its transparency and reserves, but the company has taken steps to address these concerns and provide more transparency to its users.