Tether Price : 1 (As of 2024-06-09)
Historical Data
Basic Info
Tether Price was 1 as of 2024-06-09, according to GuruFocus. Historically, Tether Price reached a record high of 1 and a record low of 1, the median value is 1. Typical value range is from 1 to 1. The Year-Over-Year growth is 0%. GuruFocus provides the current actual value, an historical data chart and related indicators for Tether Price - last updated on 2024-06-09.
Tether is a type of cryptocurrency that is tied to the value of the US dollar. It's called a stablecoin because its price is anchored at $1 per coin. People use Tether as a medium when they move from one cryptocurrency to another instead of moving back to dollars. However, some people are concerned that Tether isn't safely backed by dollars held in reserve but instead uses a short-term form of unsecured debt.
| Category | Market Trend |
| Region | USA |
| Source | GuruFocus |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 1 | ||
| Latest Period | 2024-06-10 | ||
| Long Term Average | 1.00 | ||
| Average Annualized Growth Rate | 0% | ||
| Value from The Previous Market Day | 1 | ||
| Change from The Previous Market Day | 0% | ||
| Value from 1 year ago | 1 | ||
| Change from 1 year ago | 0% | ||
| Frequency | Daily | ||
| Unit | USD |
Related Indicators
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