Tether Price Prediction 2024 2025 2030 2040 & USDT Forecast

In this article we will overview the main characteristics of the Tether project and its USDT coin. We'll also take a look at the company's rivals, different price forecasts from crypto services and much more.

Disclaimer: SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

Tether Overview

What is USDT Crypto?

USDT, also known as Tether, is a cryptocurrency that has made its mark in the digital world. It is a unique and fascinating creation that has revolutionized the concept of stablecoins. 

In a realm where cryptocurrencies are known for their volatility, USDT emerges as a beacon of stability. It is a cryptocurrency pegged to the value of a fiat currency, the US dollar. This ingenious design allows USDT to maintain a consistent value, offering stability in an otherwise unpredictable market. It serves as a bridge between the traditional financial system and the exciting world of digital currencies.

USDT operates on various blockchain platforms, including Ethereum, Tron, and others, each contributing to its widespread adoption and liquidity. This versatility allows users to seamlessly transact and exchange USDT across multiple platforms, providing a unified experience within the decentralized landscape.

Unlike traditional financial systems where the movement of funds may be shrouded in mystery, USDT operates on a public blockchain. This means that anyone can trace and verify transactions, ensuring accountability and fostering trust among its users.

Furthermore, USDT's issuers undergo regular audits to ensure that the US dollars backing the cryptocurrency match the number of tokens in circulation. These audits provide an additional layer of assurance, solidifying USDT's commitment to maintaining its peg to the US dollar. 

USDT has transcended geographical boundaries and has become a vital tool for individuals, businesses, and even entire industries. It has facilitated efficient cross-border transactions, enabling seamless movement of funds with reduced friction and costs. Whether it's remittances, international trade, or everyday transactions, USDT has proven to be a reliable and accessible medium of exchange.

Moreover, USDT has played a significant role in empowering individuals who live in regions with unstable fiat currencies or limited access to traditional banking systems. It provides them with a secure and stable digital alternative, opening doors to a world of financial possibilities and opportunities.

As the cryptocurrency landscape continues to evolve, USDT remains at the forefront, steadfast in its mission to provide stability and trust. Its unique approach to bridging the gap between fiat and digital currencies has garnered the attention and support of millions around the world.

Tether’s rivals

To make an accurate Tether coin price prediction, we must look at the project’s main competitors. Here are some of them:

1. USD Coin (USDC). This is a stablecoin that is pegged to the value of the U.S. dollar on a 1:1 basis. It was launched by Coinbase and Circle, two well-known cryptocurrency companies. USDC has gained significant traction and is widely used in various cryptocurrency exchanges and applications.
2. Dai (DAI). This token is a decentralized stablecoin built on the Ethereum blockchain and maintained by the MakerDAO protocol. Unlike Tether and USDC, Dai is not backed by fiat currency reserves. Instead, it is collateralized by various cryptocurrencies locked in smart contracts. The value of Dai is kept stable through a combination of algorithmic mechanisms and market incentives.
3. Binance USD (BUSD). This stablecoin was issued by Binance, one of the largest cryptocurrency exchanges globally. It is also pegged to the value of the U.S. dollar on a 1:1 basis. 
4. TrueUSD (TUSD). This is another fiat-collateralized stablecoin pegged to the U.S. dollar. It is issued by the TrustToken platform and has gained popularity due to its focus on transparency and regular attestations of its fiat reserves.

Even though there are quite a few large market players in the stablecoin field, at the moment of writing, Tether was still by far the largest one by market capitalization ($104.23B). The closest rival is USDC.

With the considerable market volatility inherent in the crypto market, stablecoins are likely to be in demand in the future, especially as crypto gets further adoption, making Tether forecast positive. The link between the crypto world and traditional finance, stablecoins, will probably thrive. 

The Foundation of Tether

Tether's journey began in 2014 when it was launched under the name Realcoin. The project was founded by Brock Pierce, Reeve Collins, and Craig Sellars. Initially operating on the Bitcoin blockchain as a colored coin, Realcoin aimed to introduce a stable digital currency that would bridge the gap between traditional fiat currencies and the emerging cryptocurrency market.

Realcoin rebranded to Tether in November 2014 to better reflect its objective of providing stability in the volatile crypto space. Tether initially operated as an Omni Layer token on top of the Bitcoin blockchain. This allowed users to trade and transact with Tether while benefiting from the security and decentralized nature of the Bitcoin network.

In early 2015, Tether expanded beyond Bitcoin and launched versions of its stablecoin on other blockchain platforms, including Ethereum and Litecoin. Currently, apart from the three mentioned projects, USDT is accessible on such blockchains as Algorand, Avalanche, EOS, Polygon, Tezos, and others. By expanding its presence to multiple blockchains, Tether aimed to increase accessibility and offer a broader range of options to users and businesses within the cryptocurrency ecosystem.

During this period, Tether primarily catered to traders and cryptocurrency exchanges. Traders found Tether useful as a way to quickly move funds between different exchanges, bypassing the traditional banking system. Additionally, Tether's stable value helped traders mitigate the volatility inherent in cryptocurrencies, as 1 USDT was intended to maintain a value equivalent to 1 USD.

Tether gained significant popularity in 2017, coinciding with the unprecedented bull run in the cryptocurrency market. The increasing demand for a stablecoin to facilitate trading led to a surge in Tether's usage. Traders and investors started using Tether as a substitute for fiat currencies on various exchanges, allowing them to hold a stable asset while retaining exposure to the crypto market.

Tether token functions

As a stablecoin, USDT serves several important functions in the crypto realm.

Medium of exchange

Traders and users can use USDT to buy, sell, and trade various cryptocurrencies on exchanges. By using Tether, market participants can avoid the need to convert their holdings into traditional fiat currencies when moving between different exchanges or trading pairs. This facilitates faster and more efficient transactions, reducing reliance on traditional banking systems.

Store of value

Traders and individuals who anticipate a market downturn or high volatility may choose to hold their assets in Tether temporarily. By doing so, they can effectively "park" their funds in a stablecoin while waiting for better market conditions or opportunities. Tether's stability helps preserve the value of assets during periods of uncertainty.

Arbitrage and liquidity provision

Tether's stable value and widespread acceptance across cryptocurrency exchanges make it valuable for arbitrage trading and liquidity provision. Traders can take advantage of price discrepancies between different exchanges or trading pairs by quickly converting their holdings into Tether and moving them to use market inefficiencies for their advantage. Additionally, market makers and liquidity providers often use Tether to provide liquidity in various trading pairs, contributing to market stability and efficiency.

Fiat currency gateway

Tether also acts as a bridge between traditional banking systems and the cryptocurrency world. Users can deposit or withdraw fiat currencies, such as U.S. dollars, by converting them into USDT. This allows individuals and businesses to easily enter or exit the cryptocurrency market without relying solely on traditional banking channels, which can be slower and more cumbersome.

Tether development roadmap

Tether is different from many other crypto projects, it does not have a particular plan for developing its infrastructure or adding any new features and products. However, there are some business development goals that Tether has stated recently.

• Tether has announced a strategic expansion into AI, highlighting its commitment to innovation and technology. With a market capitalization exceeding $100 billion and a track record of investments in various sectors, Tether aims to pioneer open-source AI models, integrate AI solutions into market-driven products, and engage with the community to advance AI accessibility and privacy. This move marks a significant milestone for Tether, as it seeks to redefine AI boundaries and democratize privacy-preserving open AI technology while setting industry benchmarks for innovation and transparency.
• The company has announced the launch of USDT on Celo, a mobile-first blockchain network designed for fast, low-cost payments worldwide. This collaboration aims to enhance financial inclusion and empower individuals globally by leveraging Celo's mobile-first design and extensive ecosystem.
• Tether has also signed a Memorandum of Understanding with the National Agency of Perspective Projects in Uzbekistan, aiming to position the country as a central hub for blockchain technology and economic growth. This collaboration underscores Tether's commitment to global strategy and fostering innovation in digital asset ecosystems.

These plans are parts of a more general mission of Tether to go beyond focusing on just its stablecoin and support communication development, crypto adoption, and energy infrastructure across the world.  

Where and how to buy Tether?

If you would like to purchase USDT tokens after reading the Tether coin price prediction, you can do so using SimpleSwap. Here is a short guide:

1. Select the cryptocurrency you would like to exchange (for example, you can swap BTC for USDT).
2. Enter the amount you want to swap.
3. Choose USDT in the second drop-down list (the crypto you would like to receive). You will see the estimated amount that you will get after the exchange.
4. Click the Exchange button.
5. Enter the Recipient's Address. USDT will be sent there. Please ensure you enter the right address.
6. Create the exchange.
7. You will see the BTC deposit address. You have to transfer the necessary sum of BTC to this address to start the exchange. After that, wait for the USDT tokens to reach your wallet.

In case you are interested in any other cryptocurrencies, you may follow the same instructions to purchase them on SimpleSwap.

Tether Price Chart

USDT has been stable in its peg to the U.S. dollar at the 1:1 ratio. The most significant variation can be seen on March 12, 2023, when one USDT’s cost was $1,007, which is still not too noticeable of a difference.

At the same time, Tether’s market cap has been on a rather steady rise for the past several months.

Here is the USDT cost at the moment:

*Numbers are accurate as of March 26, 2024

Tether Price Technical Analysis

As of March 26, 2024, the USDT price was $1. The token is ranked #3 among all crypto assets in market capitalization. The circulating supply is 104.23B USDT with a market capitalization of $104.22B.

According to the information given on Coinmarketcap, we can see that the price of USDT has been stable at approximately $1 during 2024, which is normal and desirable for a stablecoin.

Tether Price Forecasts Comparison

A lot of experts and crypto services have shared their views on the future of Tether. We gathered some of them here for you to be able to compare them. Please note that the forecasts were gathered on March 26, 2024. 

• CCN:

“One thing that is very important to note is that, because USDT is a stablecoin, there is not much point in making a Tether price prediction. This is because, as a stablecoin, it is designed to be worth $1, or at least as close to $1 as possible, at all times. 

Therefore, a Tether price prediction for 2025 or even a Tether price prediction for 2030 – $1.”

• Currency.com:

“Theoretically, the price of USDT should never shift. Every unit in existence is fully backed by traditional currency that is held in reserve. The stablecoin has almost consistently managed to rank as the world’s third-largest cryptocurrency, behind Bitcoin and Ether. It is also the undisputed market leader when it comes to stablecoins, and is streets ahead of rivals such as Gemini Dollar or DAI.”

• Digitalcoinprice:

“Tether will reach a valuation of $1 and then plateau for the rest of 2030.”

Based on the information from USDT price prediction prepared by various sources, we can create this comparison table.

As we can see from these variants of Tether coin price prediction, Tether’s price is expected to stay at the level of approximately $1 by all three sources. With that said, CCN and Currency.com do not foresee any changes in the token’s price. This means that all of them believe that the company will still be fulfilling its main purpose by keeping its dollar peg. 

Among the sources we analyzed here, only Digitalcoinprice expects some growth from USDT in their Tether coin price prediction 2025 and 2030: the website’s experts believe that the asset will be valued at $1.01 in both years. Even though this optimistic view is rather cautious, such development would still benefit those investors who prefer to keep their assets in USDT.

While this opinion about the future of Tether might be frustrating to some crypto enthusiasts who are used to successful projects growing thousands of percent, for a stablecoin, such steadiness is the biggest win.

Tether Price Forecast 2024-2040

How much will Tether be worth in 2025 and further? We are going to figure it out in this section. The numbers are approximate and highly depend on the crypto market as well as Tether’s success as a project.

Tether Price Prediction 2024

Tether (USDT) is expected to maintain its stability around the $1 mark in 2024, given its nature as a stablecoin pegged to the US Dollar. Predictions suggest that the price of USDT will fluctuate slightly, with a minimum value of approximately $0.9995 and a maximum value of around $1.0002. Some forecasts indicate a potential slight increase, with the average price possibly reaching $1.008 by the end of 2024. Overall, Tether’s price is anticipated to remain relatively stable, reflecting its primary function as a stablecoin.

Tether Price Prediction 2025

Tether coin price prediction 2025 tells us that it will retain its value at $1.00, primarily due to its continued adherence to its underlying asset reserves. Tether's transparency in regularly disclosing its reserves and audits can instill confidence in users and investors, reinforcing its position as a trustworthy stablecoin. With an extensive track record and robust adoption across various cryptocurrency exchanges and platforms, Tether is likely to remain a staple for traders seeking stability and liquidity.

Tether Price Prediction 2030

By 2030, Tether is anticipated to experience a slight increase in value, reaching $1.01. This gradual appreciation can be attributed to factors such as inflation and increased adoption of digital assets. As the global economy evolves, the purchasing power of traditional currencies may decrease slightly, leading to a minor uptick in the value of stablecoins like Tether.

Tether Price Prediction 2035

How high will Tether go by 2035? By then Tether is forecasted to maintain its value at $1.01, reflecting its enduring stability and utility. The cryptocurrency market may witness further maturity and growth during this time, potentially increasing the demand for Tether as a reliable digital asset. Furthermore, Tether's robust infrastructure and extensive integration into various decentralized finance applications can contribute to its sustained value proposition.

Tether Price Prediction 2040

Looking ahead to 2040, Tether is projected to experience a modest appreciation again, reaching $1.02. Over time, stablecoins like Tether can benefit from increased mainstream adoption, expanding use cases, and growing global acceptance of digital currencies. Our Analytics team analyzes the evolution of stablecoins here. As Tether continues to uphold its commitment to maintaining a 1:1 peg with the US dollar and preserves its credibility within the cryptocurrency ecosystem, it is plausible that its value could marginally appreciate over the years.

We would like to once again draw your attention to the fact that it is hard to predict with complete accuracy how exactly the price of any given cryptocurrency is going to change. So, does Tether have a future? It depends on multiple factors such as market conditions, competition, the rate of crypto adoption, and many others.

A historical look at USDT's price:

In this section, we are going to have a look at the price of Tether in the previous years.

Tether/USD Pair

Tether/EUR Pair

Should you consider buying Tether?

Considering everything we have stated so far about USDT, let’s try to answer a question – is Tether a good investment? 

Tether is the largest and the most reliable stablecoin at the moment of writing this article (March 2024). Its primary purpose is to provide stability and act as a hedge against market volatility within the cryptocurrency ecosystem. It is important to take into account that these points might change in the future, but it is much less likely than with most cryptocurrencies.

Given that many crypto experts agree in their forecast for Tether that the token is likely to keep its steady position in the future, one should not expect great potential returns on their investment in USDT. 

At the same time, it is of great interest to traders who need to move funds quickly between different cryptocurrencies. Even non-professional traders can benefit from this as this function gives more flexibility to crypto users.

Additionally, Tether can be attractive to investors who seek a lower-risk option within the highly volatile cryptocurrency market.

Finally, USDT offers high liquidity, as it is widely accepted on various cryptocurrency exchanges and platforms. Following are several strategies of how you can make the most out of your crypto assets, prepared by our Analytics team: speculative buying focusing on identifying entry points amid an ascending trend, leveraging the Ichimoku Cloud, using trading channels, and applying risk hedging while trading stablecoins.

Conclusion: The future of USDT

To sum up, the future of USDT looks promising, according to the data we have analyzed. Even though the project is not expected to bring huge returns on the purchased tokens, it looks like Tether will keep its stable position going forward. This and the diverse potential use cases it provides make it a choice worth considering for many categories of investors.

As for the company itself, they have a lot of future plans for business development. Together with the vast experience of the team, this factor gives us hope that Tether’s position in the market is strong at the moment and will keep the momentum in the future. 

Based on Tether's roadmap and their efforts to expand beyond being just a stablecoin, it is evident that the company has ambitious prospects for the future. Their initiatives, such as BTC mining in Uruguay and volcano energy investments in El Salvador, demonstrate their commitment to sustainable and renewable energy sources for cryptocurrency mining. This not only aligns with the global shift towards environmental consciousness but also presents opportunities for economic growth and energy availability in these countries.

Additionally, Tether's involvement in global communication through their co-founding of Holepunch showcases their dedication to decentralized and serverless technology. This approach allows for increased global scalability, bypassing government restrictions and reducing data management risks. 

Moreover, Tether's partnership with Georgia to create a blockchain-friendly ecosystem further underscores their commitment to supporting blockchain start-ups and attracting international investments. 

Overall, Tether's roadmap indicates a broader mission to extend their impact beyond their stablecoin, with a focus on supporting communication development, crypto adoption, and energy infrastructure worldwide. By actively participating in these areas, Tether aims to contribute to the growth and advancement of the cryptocurrency ecosystem while simultaneously addressing societal and environmental challenges.

To sum up, Tether is a highly promising project which is likely to play a big role in the future crypto adoption because this stablecoin is essentially a bridge between crypto and traditional finance, and as crypto adoption continues, its significance will probably increase. This does not mean that there is no chance that USDT has no chance of failing, though. After all, when dealing with cryptocurrencies, we have to acknowledge how young and volatile this sphere is, meaning that we cannot know for sure what happens in the future. So, the future will show how high will Tether go.

Tether Price Forecast FAQs

Here we gathered answers to some of the questions that users often have regarding Tether forecast.

Can Tether reach $10?

It is unlikely that the USDT price will grow this much unless Tether changes the token’s policy completely, de-pegging it from the U.S. dollar. We can probably expect the market cap to go up in the future, but not the asset’s price on its own.

Does Tether coin have a future?

As a leading stablecoin with a longstanding presence in the cryptocurrency market, USDT has established itself as a reliable and widely used digital asset. Its stability, liquidity, and role as a bridge between traditional and digital finance make it likely to continue playing a significant role in the evolving crypto landscape.

What is the price target for Tether in 2024?

It is expected that in 2024, Tether will continue to serve its main function as a stablecoin and keep its peg to the U.S. dollar, which makes its price target $1.

Will USDT rise again?

It is possible that USDT slightly rises in value. In the short term, this might happen temporarily if something significant happens in the crypto market which makes investors quickly move a considerable amount of funds to USDT as a safe haven. 

What's happening with USDT?

Currently, USDT is the largest stablecoin in the crypto market. It has plans connected to developing renewable energy sources for crypto mining and improving international communications, which can be considered a good platform for future growth.