Current USDT Market Overview
Tether (USDT) continues its upward trend this week, with today's price at Rp 16,235.35. The 24-hour trading volume reaches Rp 919.2 trillion, showing a +0.31% increase. Currently ranked #3 on CoinGecko, USDT maintains:
- Market Cap: US$158.27 billion
- Circulating Supply: US$158.27 billion
- Fully Diluted Market Cap: US$158.31 billion
Real-time USDT Price Data
Today's conversion rate (March 16) shows:
- 1 USDT = Rp 16,235.35
- 1 IDR = 0.0000616 USDT
Understanding Tether (USDT)
What is Tether?
USDT is the world's largest stablecoin by market capitalization, launched in 2014 by Tether Limited. It operates across multiple blockchains including:
- Ethereum
- EOS
- Tron
- Algorand
- Avalanche
- Solana
- Polkadot
Key Features:
- Stability Mechanism: Pegged 1:1 to USD
- Backing Assets: Cash and cash equivalents
- Transparency: Regular reserve audits published
👉 Learn more about stablecoin market dynamics
Conversion Calculators
USDT to IDR Conversion
Use our simple calculation method:
- Enter USDT amount
- Multiply by current market rate (Rp 16,235.35)
- Get equivalent IDR value
IDR to USDT Conversion
Reverse calculation:
- Input IDR amount
- Divide by market rate
- Receive USDT equivalent
Market Performance Analysis
Weekly Trends:
- Current price: Rp 16,235.35
- 24-hour change: +0.31%
- 7-day performance: Stable
Historical Context:
USDT maintains its dollar peg despite market fluctuations, demonstrating resilience during crypto volatility periods.
👉 Explore advanced trading strategies
Frequently Asked Questions
Is USDT the same as USD?
No. While USDT tracks USD value, it's a cryptocurrency issued by Tether Limited, not legal tender.
How is USDT price maintained?
Through Tether's reserve system holding equivalent USD assets for every USDT in circulation.
Can USDT price fluctuate?
Minor deviations occur, but market mechanisms typically restore the 1:1 peg quickly.
Where can I use USDT?
Most cryptocurrency exchanges, DeFi platforms, and some merchants accept USDT payments.
Is USDT safe?
As with all cryptocurrencies, USDT carries risks but benefits from high liquidity and widespread adoption.
Additional Crypto Conversions
Explore other cryptocurrency conversion tools for:
- Bitcoin (BTC)
- Ethereum (ETH)
- Binance Coin (BNB)
- Solana (SOL)
- Cardano (ADA)