After several fluctuations in earlier years, the price of Tether or USDT since 2020 achieved the stability against the U.S. dollar that it was designed to reach. In 2021, Tether ranks as one of the biggest cryptocurrencies in the world and is regarded as the most well-known "stablecoin", or cryptocurrency that is connected to the price development of another, real-world asset. As Tether's USDT code suggest, the token is, in this case, connected to the U.S. dollar. This effectively means that a single Tether will nearly always be worth one single U.S. dollar. This relative stability, unlike the price development of, say, Ripple (XRP), is what defines a stablecoin and is especially important for decentralized lending and borrowing. This particular segment made up roughly half of the overall value locked in Decentralized Finance or DeFi.
Price of 1,000 Tether (USDT) per day from October 2014 to September 25, 2024
(in U.S. dollars)
Characteristic
Price of 1,000 Tether in U.S. dollars
Sep 25, 2024
1,000.16
Sep 24, 2024
999.92
Sep 23, 2024
1,000.26
Sep 22, 2024
999.85
Sep 21, 2024
1,000.27
Sep 20, 2024
1,000.08
Sep 19, 2024
1,001.53
Sep 18, 2024
1,000.14
Sep 17, 2024
999.32
Sep 16, 2024
1,000.54
Sep 15, 2024
1,000.34
Sep 14, 2024
1,000.75
Sep 13, 2024
999.75
Sep 12, 2024
999.86
Sep 11, 2024
1,000.2
Sep 10, 2024
999.54
Sep 09, 2024
999.25
Sep 08, 2024
1,000.2
Sep 07, 2024
1,000.02
Sep 06, 2024
999.54
Sep 05, 2024
1,000.06
Sep 04, 2024
998.1
Sep 03, 2024
999.97
Sep 02, 2024
1,000.52
Sep 01, 2024
999.85
Aug 2024
1,000.17
Jul 2024
999.69
Jun 2024
998.37
May 2024
999.52
Apr 2024
999.34
Mar 2024
1,000.58
Feb 2024
998.78
Jan 2024
1,000.74
Dec 2023
1,000.23
Nov 2023
1,000.01
Oct 2023
1,000.58
Sep 2023
999.86
Aug 2023
999.72
Jul 2023
1,000.24
Jun 2023
1,000.38
May 2023
1,000.28
Apr 2023
1,000.95
Mar 2023
1,000.67
Feb 2023
1,000.58
Jan 2023
1,001.42
Dec 2022
1,000.04
Nov 2022
999.99
Oct 2022
1,000.05
Sep 2022
999.98
Aug 2022
999.55
Jul 2022
1,000.53
Jun 2022
1,001
May 2022
1,000.41
Apr 2022
1,001.22
Mar 2022
999.39
Feb 2022
1,002.54
Jan 2022
1,001.87
Dec 2021
1,001.34
Nov 2021
999.67
Oct 2021
1,002.38
Sep 2021
1,003.55
Aug 2021
999.36
Jul 2021
1,002.18
Jun 2021
1,000.42
May 2021
998.05
Apr 2021
1,000.7
Mar 2021
999.91
Feb 2021
994
Jan 2021
996.51
Dec 2020
1,001.11
Nov 2020
1,000.39
Oct 2020
1,000.93
Sep 2020
1,000.35
Aug 2020
1,000.09
Jul 2020
1,001.46
Jun 2020
999.86
May 2020
999.25
Apr 2020
1,000.45
Mar 2020
1,002.07
Feb 2020
1,000.22
Jan 2020
998.52
Dec 2019
995.36
Nov 2019
1,001.62
Oct 2019
1,001.07
Sep 2019
1,003.49
Aug 2019
1,000.71
Jul 2019
1,001.01
Jun 2019
988.87
May 2019
998.9
Apr 2019
990.24
Mar 2019
997.87
Feb 2019
994.22
Jan 2019
993.98
Dec 2018
998.7
Nov 2018
982.42
Oct 2018
990.59
Sep 2018
996.91
Aug 2018
1,000.21
Jul 2018
1,000.42
Jun 2018
997.35
May 2018
998.26
Apr 2018
999.6
Mar 2018
1,001.29
Feb 2018
998.38
Jan 2018
981.45
Dec 2017
1,013.41
Nov 2017
1,008.29
Oct 2017
999.5
Sep 2017
998.46
Aug 2017
1,005.94
Jul 2017
1,003.65
Jun 2017
1,009.7
May 2017
1,049.15
Apr 2017
962.56
Mar 2017
1,006.3
Feb 2017
999.35
Jan 2017
1,003.84
Dec 2016
1,008.49
Nov 2016
1,002.88
Oct 2016
997
Sep 2016
998.6
Aug 2016
996.87
Jul 2016
1,002.07
Jun 2016
1,003.26
May 2016
1,003.5
Apr 2016
1,003.42
Mar 2016
1,000.76
Feb 2016
996.6
Jan 2016
953.45
Dec 2015
972.67
Nov 2015
977.57
Oct 2015
967.05
Sep 2015
957.32
Aug 2015
955.5
Jul 2015
953.03
Jun 2015
890.18
May 2015
854.52
Apr 2015
865.34
Mar 2015
933.77
Feb 2015
969.44
Jan 2015
932.78
Dec 2014
983.01
Nov 2014
997.14
Oct 2014
1,006.59
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Monthly figures are as of the end of that particular month; Opening price; Units of USD per 1,000 USDT: On September 28, the price of a single USDT was 0.99999214 USD
Supplementary notes
Figures would have been automatically rounded to two decimals when used against one USDT - showing "1.00" across the entire statistic. This, of course, is the whole point behind Tether. For readability, however, the exchange rate was changed to reflect values against 1,000 USDT.
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CoinGecko. (September 25, 2024). Price of 1,000 Tether (USDT) per day from October 2014 to September 25, 2024 (in U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269281/tether-price-index/
CoinGecko. "Price of 1,000 Tether (USDT) per day from October 2014 to September 25, 2024 (in U.S. dollars)." Chart. September 25, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269281/tether-price-index/
CoinGecko. (2024). Price of 1,000 Tether (USDT) per day from October 2014 to September 25, 2024 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269281/tether-price-index/
CoinGecko. "Price of 1,000 Tether (Usdt) per Day from October 2014 to September 25, 2024 (in U.S. Dollars)." Statista, Statista Inc., 25 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269281/tether-price-index/
CoinGecko, Price of 1,000 Tether (USDT) per day from October 2014 to September 25, 2024 (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269281/tether-price-index/ (last visited November 10, 2024)
Price of 1,000 Tether (USDT) per day from October 2014 to September 25, 2024 (in U.S. dollars) [Graph], CoinGecko, September 25, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269281/tether-price-index/
