USDT Price Live Data
Current USDT Status: Rising This Week
Tether's current price is ¥7.170000, with a 24-hour trading volume of ¥502,223,137,800. Over the past 24 hours, USDT has increased by +0.04%. In the last hour, the price rose by 0.00%.
Key metrics:
- Total Supply: US$158,273,034,529.22
- Circulating Supply: US$158,273,034,529.22
- Market Rank: #3
As of 21:57, July 3, 2025, the exchange rate is:
- 1 USDT = ¥7.170000 CNY
- 1 CNY = [Equivalent USDT]
USDT to CNY Price Calculator
Use the latest calculator to convert Tether (USDT) to Chinese Yuan (CNY) instantly.
About Tether (USDT)
USDT (Tether) is the world's largest stablecoin by market capitalization, launched in 2014 by Tether Limited.
What Is a Stablecoin?
Stablecoins are cryptocurrencies designed to minimize price volatility by pegging their value to a stable asset (e.g., fiat currencies like the USD).
USDT Blockchain Support
USDT operates across multiple blockchains, including:
- Ethereum
- EOS
- Tron
- Algorand
- Avalanche
- ...and 10+ others.
How USDT Maintains Its Peg
Each USDT is backed 1:1 by reserves comprising cash, cash equivalents, and other assets. Tether publishes real-time reserve data for transparency.
Market Data
- Market Cap: ¥1,135,044,102,128.00
- Circulating Supply: US$158,273,034,529.22
Note: USD (government-issued currency) ≠ USDT (cryptocurrency pegged to USD).
FAQs
1. Is USDT the same as USD?
No. USD is a fiat currency issued by the U.S. government, while USDT is a cryptocurrency backed by reserves to mirror USD’s value.
2. How is USDT’s price stability maintained?
Tether holds reserves matching the circulating USDT supply, audited regularly for transparency.
3. Can USDT’s peg break?
Historically, USDT has maintained its peg despite market fluctuations, but risks like liquidity crises could theoretically impact it.
👉 Explore more about stablecoins
4. Which blockchains support USDT?
USDT is available on Ethereum, Solana, Tron, and 10+ other networks for flexible usage.