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USDT (Tether) is the world's most widely used stablecoin, designed to maintain a constant value of 1 US Dollar. As a stablecoin, USDT provides the benefits of cryptocurrency — fast, borderless transfers — without the price volatility of assets like Bitcoin or Ethereum. It is used by traders worldwide to preserve value, move funds between exchanges, and participate in DeFi.
USDT is issued by Tether Limited and is backed by reserves of cash, cash equivalents, and other assets. It is available on over 14 blockchain networks, including Ethereum (ERC-20), Tron (TRC-20), BNB Smart Chain (BEP-20), Solana, Polygon, and more. TRC-20 USDT on the Tron network is the most actively transferred version due to its near-zero transaction fees (~$1) and 3-second finality.
Tether publishes quarterly reserve attestations audited by BDO Italia. As of 2024, USDT's market capitalization exceeds $100 billion, making it the third-largest cryptocurrency overall. USDT is the dominant trading pair on virtually every centralized exchange.
You can exchange USDT on CryptoSwapPro for any of 200+ cryptocurrencies. The fee is a flat 0.1%, no registration is required for amounts under $10,000/day, and most swaps complete in under 60 seconds. Popular USDT pairs include: USDT to BTC, USDT to ETH, USDT to SOL, USDT to BNB.