Why Tether?
How it works
News
Tether Gold
Transparency

Tether token

|

Create Account

Driving the Future of Money

Tether tokens are the most widely adopted stablecoins, having pioneered the concept in the digital token space. A disruptor to the conventional financial system and a trailblazer in the digital use of traditional currencies, Tether tokens support and empower growing ventures and innovation throughout the blockchain space. Tether tokens exist as a digital token built on multiple blockchains.

100% backed and fully transparent

All Tether tokens (USD₮) are pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether’s reserves. We publish a daily record of the current total assets and reserves.

Widespread adoption

From being the first, to the most used, stablecoin, and one of the most traded tokens by volume, Tether tokens have come a long way. Tether tokens are today the most widely adopted stablecoins across major exchanges, OTC desks, and wallets, including:

logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo
logo

The token that is disrupting the global financial industry

Tether for Individuals

Tether tokens offer exceptional liquidity on tier one exchanges giving traders the ability to take advantage of arbitrage opportunities in the fastest time possible.
Learn more

Tether for Merchants

For merchants, integrating Tether tokens opens up an array of opportunities for consumers to purchase products and services.
Learn more

Tether for Exchanges

Tether tokens play a pivotal role in the digital token ecosystem and are the most actively traded in terms of 24-hour volume.
Learn more

FAQs

What is Tether?

Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. Tether works to disrupt the conventional financial system via a more modern approach to money. Tether has made headway by giving customers the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity typically associated with a digital currency. As the first blockchain-enabled platform to facilitate the digital use of traditional currencies (a familiar, stable accounting unit), Tether has democratised cross-border transactions across the blockchain.

Tether tokens exist as digital tokens built on several leading blockchains, including Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tezos, Tron, Solana and Statemine. These transport protocols consist of open source software that interface with blockchains to allow for the issuance and redemption of Tether tokens. 

Every Tether token is 100% backed by our reserves, which includes traditional currency and cash equivalents, and may include other assets and receivables from loans made by Tether to third parties.

The Tether platform is fully reserved when the sum of all Tether tokens in circulation is less than or equal to the value of our reserves. Through our Transparency page, anyone can view both of these numbers on a daily basis.

Tether was originally created to use the Bitcoin network as its transport protocol—specifically, the Omni Layer—to allow transactions of tokenised traditional currency. Since this original version of Tether uses the Bitcoin blockchain, it inherits the inherent stability and security of the longest established blockchain network.

Tether on the Ethereum blockchain, as an ERC20 token, is a newer transport layer, which now makes Tether tokens available in Ethereum smart contracts or decentralized applications on Ethereum. As a standard ERC20 token it can also be sent to any Ethereum address.

Since Tether tokens are currently available using different transport protocols, when users send Tether tokens to other addresses, they need to carefully check the destination address to confirm they are selecting the correct transport protocol.

Tether tokens are assets that move across the blockchain just as easily as other digital currencies but that are pegged to real-world currencies on a 1-to-1 basis.

Tether tokens are referred to as stablecoins because they offer price stability as they are pegged to a fiat currency. This offers traders, merchants and funds a low volatility solution when exiting positions in the market.

All Tether tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 USD₮ = 1 USD) and are backed 100% by Tether’s reserves.

As a fully transparent company, we publish a daily record of the current total assets and reserves.

Tether supports US dollars (USD), euros, Mexican peso, offshore Chinese yuan, and Gold, with the following Tether tokens, respectively: USD₮, EUR₮, MXN₮, CNH₮ and XAU₮.

Tether tokens enable businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat currencies on blockchains. Some of the largest businesses in the digital currency ecosystem have integrated Tether tokens.

View industry supporters. 

Individuals can also use Tether-enabled platforms to transact with Tether tokens.

Latest news

Plan ₿ Expands to High Fashion, Brings Crypto Payments to Fashion Retail Locations

Plan ₿ Launches Tether, Bitcoin Payments at retail stores, enables crypto-shopping for residents and tourists  LUGANO, Switzerland, 22 March 2023 –  Plan ₿, a joint initiative between the City of Lugano and Tether, the technology company supporting the blockchain-enabled platform that powers the largest stablecoin by market capitalization (USD₮) announced today a collaboration with Guess to officially bring Bitcoin, Tether and LVGA payments to retail stores in Lugano. Plan ₿, founded by Tether and the city of Lugano, aims to scale Bitcoin and stablecoin adoption throughout the city to positively impact all facets of daily life for its residents. It has accelerated the use of and leveraged bitcoin technology as the foundation to transform the city’s financial infrastructure with over 150 Lugano shops and businesses, including McDonald's, now accepting Bitcoin, Tether, and LVGA in addition to fiat currency as payment for their goods and services.“The addition of Guess to the companies now accepting cryptocurrency in Lugano represents a milestone moment on our journey towards full immersion and blockchain adoption in the region. It further reinforces public interest in utilizing cryptocurrencies to pay for goods and services,” said Michele Foletti, the Mayor of Lugano. “We are proud to be able to bring these technologies to our residents and hope to inspire others across Europe and the globe to do the same.” The Guess boutique is centrally located making it a prime spot for both tourists and Lugano residents to begin experimenting with real-life digital assets. The shop will use an advanced POS system with Bitcoin lightning network technology and allow customers to buy clothing and accessories of the new collections using the three virtual currencies involved, obtaining, moreover, a 10% cashback credited to customers in LVGA. In addition, the commissions on transactions will be zero in the initial months after activation. “In the 365 days since the launch of Plan ₿, Tether and the City of Lugano have carried out many initiatives with considerable success,” said Paolo Ardoino, CTO of Tether. The addition of Guess, a major fashion brand, to the companies now accepting cryptocurrency in Lugano demonstrates that they have become the catalyst for real change. We are so excited to watch the progress of Lugano’s cryptocurrency adoption and believe that it will be the blueprint for those who choose to follow in its footsteps.”To learn more about Plan ₿ or to buy tickets to the Plan ₿ forum please visit: https://planb.lugano.ch/planb-forum/ About Plan ₿ Lugano’s Plan ₿ is a joint initiative between the City of Lugano and Tether to accelerate the use of and leverage bitcoin technology as the foundation to transform the city’s financial infrastructure.The plan will scale blockchain and Bitcoin throughout the city to positively impact all facets of daily life for the residents of Lugano. From small transactions with local merchants to larger efforts – such as paying annual taxes – blockchain will serve as the foundation for the city’s financial exchanges. 
Read more

EUR₮ and XAU₮ Now Available on Bit2Me

March 21, 2023 — Tether Operations Limited (Tether), the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, announced today that EUR₮ and XAU₮ are now available on Bit2Me, a cryptocurrency exchange and financial platform.Bit2Me specializes in financial technology helping exchanges, mining pools, token issuers, investment funds, governments, and institutions access, trade, and manage cryptocurrencies and digital assets. Created to provide transparency and open financial systems to the masses making markets more efficient, Bit2Me2 supports multiple initiatives in the DeFi ecosystem, offers wallet features, and recently launched a credit card via the Mastercard Network. “We are thrilled at the opportunity to bring EUR₮ and XAU₮ to an entirely new platform,” said Paolo Ardoino, CTO of Tether. “Bit2Me users now have access to the most liquid, transparent stablecoin on the market and will be able to move in and out of positions seamlessly and with confidence.”The addition of EUR₮ and XAU₮ to the Bit2Me platform marks another milestone from the industry’s leading stablecoin as it continues to increase its presence across cryptocurrency ecosystems globally. It will alleviate the potential adverse effects associated with market volatility and provide a stable currency to move on and off the platform.“EUR₮ and XAU₮ are exciting and essential assets to the ever changing crypto market,” said Cosmin Staicu of Bit2Me. “We believe that our users deserve the best the industry has to offer and EUR₮ and XAU₮ are representative of that.”Important Note: This press release is not an offer to sell or the solicitation of an offer to buy USD₮. Tether Limited and Tether International Limited will only sell or redeem USD₮ pursuant to its terms of service available (as of the date of this press release) at tether.to/en/legal.Forward-Looking Statements Certain statements in this press release may be forward-looking in nature. The words “believe,” “expect,” “estimate,” “could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends, and uncertainties that could cause actual results to differ materially from those projected, anticipated, or implied in the forward-looking statements. None of Tether nor any other person (including Tether’s affiliates or Bit2Me) is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Read more

Tether token

Tether supports and empowers growing ventures and innovation as a digital token built on multiple blockchains.

Copyright © 2013 - 2023 Tether Operations Limited. All rights reserved.