Tether is on the decline this week.

USDT, which is ranked 3, is currently changing hands for around $1.00, which has shown an increase of 0.20% in the past 24 hours. It is now in the red over the past 7 days, with a drop of -0.59% in its price. However, over the same period of 7 days, USDT still underperforms USDC, it's closest competitor from the Stablecoin category, as USDC fell by -0.50% over the same period.

Tether has had its trading volume $36.12 B over the past 24 hours. 12.80% of the overall volume has been contributed by the USDT/USD pair on Kraken.

USDT's current market cap is $79.88 B. The digital asset now accounts for approximately 6.56% of the total crypto market cap. This, however, is $137.97 B short of ETH, which is ranked 2 by market capitalisation.

USDT's 1 year high value of $1.03 was achieved on Mar 13, 2023. 1 year low, however, was marked at $0.9908 on Feb 16, 2023.

The current circulating supply is 79.64 B USDT.