Overview of Tether (USDT) Conversion
Tether (USDT) is a stablecoin pegged to the U.S. dollar, designed to minimize volatility in the cryptocurrency market. Each USDT is theoretically backed by equivalent reserves, including cash and other assets.
Current USDT to USD Exchange Rate
1 USDT = $1.00 USD (stablecoin peg).
Market Summary:
- Circulating Supply: 156,342,070,025.301 USDT
- 24-Hour Trading Volume: -11.12% change
- Total Market Cap: $156.34B (equivalent to circulating supply)
Note: Tether’s value remains constant at 1:1 with USD, though minor fluctuations may occur due to market demand.
How to Convert USDT to USD
Step-by-Step Guide
- Deposit USDT: Transfer USDT to a supported exchange or wallet.
- Select Trading Pair: Choose USDT/USD on the platform’s dashboard.
- Execute Conversion: Confirm the transaction.
- Withdraw USD: Transfer funds to your linked bank account.
👉 Quick USDT to USD conversion tool
Key Features of Tether
- Blockchain Compatibility: ERC-20 (Ethereum), TRC-20 (Tron), BEP-20 (Binance Smart Chain), Solana.
- Stability: Backed by reserves for 1:1 USD redemption.
- Use Cases: Trading, remittances, hedging against crypto volatility.
Conversion Tables
USDT to USD
| Amount | USD Value |
|--------|-----------|
| 1 USDT | $1.00 |
| 10 USDT | $10.00 |
| 100 USDT | $100.00 |
USD to USDT
| USD Amount | USDT Equivalent |
|------------|-----------------|
| $1.00 | 1 USDT |
| $50.00 | 50 USDT |
FAQ
1. Is USDT always equal to 1 USD?
Yes, Tether aims to maintain a 1:1 peg with the U.S. dollar, though minor deviations may occur during extreme market conditions.
2. Are there fees for converting USDT to USD?
Most exchanges charge a small fee (0.1%–0.5%). Some platforms offer zero fees for first-time transactions.
3. Can I send USDT to a wrong blockchain?
No—always confirm the network (e.g., ERC-20 vs. TRC-20) to avoid permanent loss of funds.
4. What are alternatives to Tether?
Other stablecoins include USD Coin (USDC), Binance USD (BUSD), and Dai (DAI).
👉 Compare stablecoin exchange rates
Why Choose PEXX for Conversion?
- Regulated: Registered with AUSTRAC (Australia).
- Fast Transfers: Direct USD bank withdrawals.
- Multi-Blockchain Support: Compatible with major USDT networks.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.