USDT Live Price Converter
USDT to CAD Calculator
Tether (USDT) is a stablecoin whose value is pegged to the U.S. dollar. Maintaining the total amount of dollar reserves at a value equal to the quantity of USDT in circulation ensures the token's USD parity.
Realcoin was first released in 2014 as a second-layer cryptocurrency token built on top of Bitcoin's network. Shortly afterward, it was renamed USTether and then USDT. Later updates allowed USDT to function on the Ethereum, Tron, Algorand, EOS, and OMG blockchains in addition to Bitcoin's.
The idea behind Tether is to combine the freedom and decentralization of cryptocurrencies with the relative stability of the U.S. dollar.
More people are turning to stablecoins as a way to protect their wealth from inflation. While the average savings account gives only 0.06% in fiat currency, lenders of stablecoins can charge interest rates of 3% to 20%. With that said, investors should be aware of the dangers associated with regulations, platforms, and more.
Real-time USDT Price Rates in CAD
USDT Live Data
The current USDT price is $ 1.35, which is -0.03% change in the past 24 hours and -0.07% in the past 7 days. With a circulating supply of 0, USDT’s live market cap is $ 112B. The 24-hour trading volume is $ 28B.
The conversion rates are calculated using the Live USDT Price Index along with other digital asset price indices. The USDT/USD exchange rate is updated in real-time.
Follow Bitsgap’s crypto converter and crypto calculator for 24/7 live updates of the exchange rates between crypto and fiat currencies, including BTC, ETH, XRP, USDT and USD, EUR, GBP, BRL.
USDT Supported Exchanges
The exchange rate of Tether USDt is decreasing.
The current value of 1 USDT is 1.35 CAD. Inversely, 1.00 CAD would allow you to trade for 0.74 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has decreased by -0.07%. Meanwhile, in the last 24 hours, the rate has changed by -0.03%. This time last month, the value of 1 USDT was 1.36 CAD, which is a 0.79% increase from where it is now. Looking back a year, USDT has changed by -0.01 CAD.
USDT to CAD
|Asset||Today at 10:10 AM|
|0.5 USDT||0.68 CAD|
|1 USDT||1.35 CAD|
|5 USDT||6.75 CAD|
|10 USDT||13.5 CAD|
|50 USDT||67.52 CAD|
|100 USDT||135.05 CAD|
|500 USDT||675.24 CAD|
|1000 USDT||1 350.48 CAD|
CAD to USDT
|Asset||Today at 10:10 AM|
|0.5 CAD||0.37 USDT|
|1 CAD||0.74 USDT|
|5 CAD||3.7 USDT|
|10 CAD||7.4 USDT|
|50 CAD||37.02 USDT|
|100 CAD||74.05 USDT|
|500 CAD||370.24 USDT|
|1000 CAD||740.48 USDT|
Today vs. 24 hours ago
|Asset||Today at 10:10 AM||24 hours ago||24H Change|
|1000 USDT||$1 350.48||$1 350.91|
Today vs. 1 month ago
|Asset||Today at 10:10 AM||1 month ago||1 month Change|
|1000 USDT||$1 350.48||$1 361.13|
Today vs. 1 year ago
|Asset||Today at 10:10 AM||1 year ago||1 year Change|
|1000 USDT||$1 350.48||$1 360.87|
The distinctive characteristic of the USDT is that its value is fixed relative to the U.S. dollar. According to the company’s reps, Tether always puts the same amount of dollars into its reserves whenever it issues new USDT. This guarantees that Tether has complete cash backing.
Because of the peg, USDT is not subject to notorious crypto swings, which can make crypto fluctuate within a single day by 10 or 20%. This also makes USDT a refuge for crypto traders, who can store their holdings in Tether during times of high fluctuation without selling all of their coins for US dollars.
Also, USDT makes it easy to exchange a U.S. dollar equivalent across regions, countries, and even continents using blockchain, without the need for a time- and cost-intensive third party like a bank or other financial services provider.
Despite all of the above, Tether has been a subject of controversy several times since its inception, resulting in USDT plummeting to an all-time low of $ 0.88. Many people are concerned that Tether's assets have never undergone a thorough inspection by a third party, which has raised questions about the veracity of Tether's claims about their USD assets.
Tether (USDT) can be purchased from a wide variety of crypto exchanges. Actually, USDT's average daily trading volume frequently matches or even surpasses Bitcoin's. It is especially popular on platforms that don’t offer fiat-to-crypto trading pairs.
Some of the best-known crypto exchanges for buying and selling Tether are as follows: Binance, OKX, HitBTC, and Huobi. By connecting your exchange accounts to Bitsgap, you can trade on all of those exchanges (15 in total) within a single interface. Follow Bitsgap’s crypto market cap calculator for live Tether price updates.
Bitsgap’s crypto aggregator and trading platform offers three different pricing plans: Basic, Advanced, and Pro.
On the Basic subscription plan, you can start 10 DCA and 2 GRID bots, as well as unlimited smart orders. On the Advanced plan, you’ll have up to 50 active DCA and 5 GRID bots, unlimited smart orders, futures bots, and trailing features.
The Pro plan provides the best value for money, allowing you to have up to 250 DCA and 25 GRID bots, unlimited smart orders and futures bots, as well as trailing and take profit features. The PRO plan is available for $ 119 a month if paid annually.
Choose your plan and subscribe today! Don’t forget to come back to Bitsgap’s awesome cryptocurrency calculator for live price information on your favorite coins.