Dynamic and history value of price USDT. Maximal value of price tether was 1.003$ - 2020-11-26 19:00:08, Minimal price of USDT was 0.9965$ value and fixed at 2020-12-27 09:00:14. Today price of tether is : 0.9996$
Tether (USDT), initially launched as «Realcoin» in July 2014 by the founders Brock Pierce and Reeve Collins. JL van der Velde is currently CEO of Tether and CEO of Bitfinex, currently the largest bitcoin exchange in the world. The main advantage of Tether is to provide high-speed arbitration opportunities without resorting to slowdowns in bank transfers or liquidation of cryptocurrency activities that could be delayed; In other words, Tether provides a fundamental source of liquidity for cryptocurrency markets. Tether is reported to be individually supported by traditional currencies ($, €, ¥) held in reserves with $ 1 equivalent to 1 Tether (USDT) which could provide protection against the volatility of cryptocurrency prices. Market speculation currently focuses on the fact that Tether has the reserves to support the Tethers available on the market (2.51 billion). In November 2017, approximately $ 31 billion USD was stolen from Tether, which resulted in the suspension of trade and the launch of new software to implement a hard fork to make these tokens unmarketable.