Tether is on the rise this week.

USDT, which is ranked 3, is currently changing hands for around $1.00, which has shown a increase of 0.10% in the past 24 hours. It is now in the green over the past 7 days, with a rise of 0.14% in its price. However, over the same period of 7 days, USDT still underperforms BTC. Its closest competitor from the Stablecoin category, as CEUR rose by 0.14% over the same period.

Tether has had its trading volume $25.47 B over the past 24 hours. 30.31% of the overall volume has been contributed by the USDT/USD pair on Kraken.

USDT's current market cap is $65.64 B. The digital asset now accounts for approximately 7.47% of the total crypto market cap. This, however, is $22.61 B short of USDC, which is ranked 5 by market capitalisation.

USDT's 1 year high value of $1.01 was achieved on Nov 9, 2022. 1 year low, however, was marked at $0.9756 on Jan 7, 2022.

The current circulating supply is 65.58 B USDT.