Tether USDT
Rank #3 stablecoin
Supply release: when does the rest arrive?
No maximum supplyThere is no release date — USDT has no maximum supply.
New USDT is issued indefinitely under the network's own rules, so there is no point at which issuance finishes and no final total to count down to. Long-run scarcity depends on the issuance rate — and on any burning that offsets it — rather than on a hard cap.
Supply at a glance
About Tether
Tether (USDT) is the largest stablecoin: a token designed to hold a value of one US dollar, backed by the issuer's reserves. It functions as the working cash of crypto markets — the most-traded quote currency across global exchanges.
Issued by Tether Limited, founded by Brock Pierce, Reeve Collins and Craig Sellars (2014).
Tether in context
Tether trades 28% below its all-time high of A$1.94, set in January 2025. Over the past 90 days it has gained 0.1% in AUD terms, trailing Bitcoin's +8.5% by 8.5 percentage points — one of the moves behind today's altcoin season index reading. Daily turnover runs at about 23.4% of its market value — heavily traded, so large orders move it less than the smaller coins.
Computed from our market records at build time — figures refresh with the daily rebuild.
12-month range (AUD)
today sits 7% of the way up the rangeThe supply maths: what would a price target mean?
full calculator →Market cap = price × circulating supply. With 183.39 billion USDT circulating, every dollar of USDT price is A$183.39B of market cap — so check what a target actually implies:
Where to buy Tether in Australia
Ad disclosure: 'Buy' buttons are affiliate links*; order reflects our exchange scores. It never affects scores or rankings. How we make money
| Exchange | AUD pair | Instant-buy cost | Score | |
|---|---|---|---|---|
| Swyftx | ✓ USDT/AUD | 0.6% + spread | 8.7/10 | Buy on Swyftx* |
| CoinSpot | ✓ USDT/AUD | 1% + spread | 8.5/10 | Buy on CoinSpot* |
| Digital Surge | ✓ USDT/AUD | 0.5% | 7.7/10 | Buy on Digital Surge* |
How USDT stacks up
USDT vs USDC →
Side-by-side charts, market data and the structural differences — all head-to-heads.
FAQ
What is the Tether (USDT) price in AUD right now?
The USDT price in AUD is about A$1.39 as of our last data refresh — the price at the top of this page updates continuously from CoinGecko market data (every 10 minutes in production), quoted in Australian dollars first so there's no mental USD conversion. The converter above turns any USDT amount into AUD at the live rate.
How do I buy Tether in Australia?
Tether is listed on Swyftx, CoinSpot, Digital Surge with direct AUD pairs. Deposit AUD via PayID or bank transfer, then buy USDT — most platforms complete this in minutes after ID verification.
Is Tether taxed in Australia?
Yes — the ATO treats Tether as a CGT asset. Selling, swapping or spending it is a taxable event; holding over 12 months may qualify individuals for the 50% CGT discount. See our crypto tax guide.
When will the rest of the USDT supply be released?
There is no release date — USDT has no maximum supply. New USDT is issued indefinitely under the network's own rules, so there is no point at which issuance finishes and no final total to count down to. Long-run scarcity depends on the issuance rate — and on any burning that offsets it — rather than on a hard cap.
Who created Tether?
Issued by Tether Limited, founded by Brock Pierce, Reeve Collins and Craig Sellars (2014).
What is Tether's all-time high in AUD?
Tether peaked at A$1.94 in January 2025. Today's price sits 28% below that peak — the stat cards above track it daily.
Why does the USDT price here differ from prices I see in USD?
We quote in Australian dollars, so the number moves with both the coin's USD price and the AUD/USD exchange rate. Most global sites quote USD — multiply by the current exchange rate (or just use our converter above) and the numbers reconcile.
Market data powered by CoinGecko · availability verified against exchange listings
General information only, not financial advice. Crypto is volatile — never invest more than you can afford to lose.