Convert and swap Tether USDT to Money Token MNT
USDT/MNT: 1 Tether equals 1.00 MNT
Last update: 11:34 PM, December 22, 2024
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Tether is climbing this week.
The current USDT to MNT conversion rate is ∞. Inversely, this means that if you convert 1 MNT you will get 0 USDT.
The conversion rate of USDT/MNT has decreased by NaN% in the last hour and grown by NaN% in the last 24 hours.
Money Token is climbing this week.
The current MNT to USDT conversion rate is 0. Inversely, this means that if you convert 1 USDT you will get ∞ MNT.
The conversion rate of MNT/USDT has decreased by NaN% in the last hour and grown by NaN% in the last 24 hours.
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About Tether
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
Tether (USDT) is a digital currency platform that was launched in 2014 with the aim of facilitating the use of traditional fiat currencies in a digital format. It seeks to provide a more modern approach to money, disrupting the conventional financial system. Tether has made strides by enabling customers to transact with traditional currencies across the blockchain, without the typical volatility and complexity associated with digital currencies. Tether's USD₮ token is a digital dollar, powered by blockchain technology, and is pegged 1:1 to the USD. This stablecoin provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit.
Tether operates as digital tokens built on several leading blockchains, including Algorand, Avalanche, Bitcoin Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tezos, Tron, Solana, Kava, and Statemine. These transport protocols consist of open-source software that interfaces with blockchains to allow for the issuance and redemption of Tether tokens. Every Tether token is backed 100% by Tether's reserves, and Tether publishes a record of the current reserve assets, maintaining transparency.
Tether's unique feature is that its value is guaranteed to remain pegged to the U.S. dollar. This property makes Tether a safe haven for crypto enthusiasts during periods of high volatility, as they can park their portfolios in Tether without having to completely cash out into USD. Additionally, Tether provides a simple way to transact a U.S. dollar equivalent between regions, countries, and even continents via blockchain, without having to rely on a slow and expensive intermediary, like a bank or a financial services provider.
Tether, initially known as Realcoin, was launched in 2014 by Brock Pierce, Reeve Collins, and Craig Sellars. Brock Pierce is a renowned entrepreneur who has co-founded several high-profile projects in the crypto and entertainment industries. Reeve Collins was the CEO of Tether for the first two years of its existence and has co-founded several successful companies. Craig Sellars has been a member of the Omni Foundation for over six years and has worked in several other cryptocurrency companies and organizations. Over the years, Tether has faced controversies regarding the validity of their USD reserves, at times disrupting USDT’s price. Despite these challenges, Tether has continued to grow and expand its operations.
How Tether and Money Token differ
Tether (USDT) and Mongolian Tögrög (MNT) are both forms of currency, but they operate in fundamentally different ways. Tether is a digital currency, or cryptocurrency, launched in 2014 with the aim of digitizing traditional fiat currencies. It operates on several leading blockchains, including Ethereum, Algorand, and Solana, among others. Each Tether token is backed 100% by Tether's reserves and is pegged 1:1 to the USD, providing a stable and decentralized method of exchanging value. This makes Tether a safe haven for crypto enthusiasts during periods of high volatility, as they can maintain their portfolios in Tether without having to cash out into USD. On the other hand, the Mongolian Tögrög is the official currency of Mongolia, a traditional fiat currency controlled by the Mongolian government and subject to its monetary policies. Unlike Tether, the value of the Tögrög is not pegged to any other currency and can fluctuate based on economic factors such as inflation and foreign exchange rates. While Tether aims to provide a modern approach to money, the Tögrög operates within the conventional financial system.
Frequently asked questions
How much is 1 Tether in MNT?
Right now, 1 Tether is worth about MNT 3,405.30 MNT.
How much USDT could I buy for 1 MNT?
Based on the current rate, you could get 0.000294 USDT for 1 MNT.
How much has the price of Tether changed?
Tether price has been declining. Since yesterday, the exchange rate of Tether has decreased. Since last month, the exchange rate of Tether has decreased. Since this time last year, the price of Tether has decreased.
How do I calculate or convert USDT to MNT?
You can use our USDT to MNT calculator at the top of this page to convert any amount of USDT to MNT. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.0015 USDT. Inversely, 5 USDT will cost about MNT 17,026.51 MNT.
How can I buy 1 Tether on Coinbase?
Tether is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Tether.
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USDT to MNT conversion tables
The exchange rate of Tether is increasing.
The current value of 1 USDT is 1.00 MNT. In other words, to buy 5 Tether, it would cost you 4.99 MNT. Inversely, 1 MNT would allow you to trade for 1.00 USDT while 50 MNT would convert to 50.05 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.07%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, and that the the highest exchange rate of 1 USDT to MNT was 1.00 MNT and the lowest 24 hour value was 1 USDT for 1.00 MNT. This time last month, the value of 1 USDT was 1.00 MNT, which is a 0.21% increase from where it is now. Looking back a year, Tether has changed by 1.00 MNT. That means that in a single year, the value of Tether has shrank by 0.18%.
USDT to MNT performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
1.00 MNT | -0.07% | 1.00 MNT | -0.07% | 1.00 MNT | -0.21% | 1.00 MNT | -0.18% |
USDT to MNT
Amount (USDT) | Today at 11:32 pm |
|---|---|
0.5 USDT | 0.50 MNT |
1 USDT | 1.00 MNT |
5 USDT | 4.99 MNT |
10 USDT | 9.99 MNT |
50 USDT | 49.95 MNT |
100 USDT | 99.89 MNT |
500 USDT | 499.46 MNT |
1,000 USDT | 998.92 MNT |
MNT to USDT
Amount (MNT) | Today at 11:32 pm |
|---|---|
0.5 MNT | 0.00 USDT |
1 MNT | 0.00 USDT |
5 MNT | 0.00 USDT |
10 MNT | 0.00 USDT |
50 MNT | 0.00 USDT |
100 MNT | 0.00 USDT |
500 MNT | 0.00 USDT |
1,000 MNT | 0.00 USDT |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.