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Dividend Vision

USDT-USD — Tether

Tether (USDT-USD)

Tether is a cryptocurrency stablecoin designed to maintain a 1:1 parity with the US dollar, backed by a reserve of cash, cash equivalents, and short-term US Treasuries disclosed through quarterly attestations. As a stablecoin rather than a traditional dividend-paying asset, it generates no yield or distributions and carries no expense ratio, functioning primarily as a medium of exchange and store of value within cryptocurrency markets. This asset appeals to cryptocurrency users and traders seeking price stability and a dollar-denominated holding rather than income-focused investors.

USDT-USD key facts

Asset type
Crypto
Asset class
Crypto
Inception date
10/06/2014
Last close
$1.00
Market cap
$182,976,659,456
Average volume
60130584628.0