Tether Surges to All-Time High After 100% Increase

Tether (USDT) has surged by 100% over the last 24 hours, reaching an all-time high of $1.32 USD in August 2026. As of the latest update on August 11 at 22:38 GMT+8, the USDT to USD exchange rate remains stable at 1 USDT = $1.00 USD. The circulating supply is approximately 183B USDT.

The increase has led to a significant boost in trading volume, with over $28.89B USD traded in the last 24 hours. The market capitalization of Tether now stands at $183.10B USD.

Bybit offers zero-fee conversions for users, allowing them to instantly see the equivalent value in USD based on the live USDT to USD exchange rate. To convert USDT to USD, users can enter the amount they wish to convert and sign up for a free Bybit account.