Convert and Swap Tether USDT to New Zealand Dollar NZD
USDT/NZD: 1 Tether equals NZ$1.77 NZD
Last update: 4:34 PM, December 23, 2024
Refresh
Tether market latest
Explore Tether
Create a Coinbase account to buy and sell Tether and start your crypto journey!
Tether is falling this week.
The current price of Tether is NZ$1.77 per USDT. With a circulating supply of 139,848,269,931.163 USDT, it means that Tether has a total market cap of NZ$247,633,732,768.16. The amount of Tether traded has risen by NZ$30,132,162,802.49 in the last 24 hours, which is a 12.88% increase. Additionally, in the last day, NZ$234,006,110,503.88 worth of USDT has been traded.
Buy Tether with Coinbase Wallet
Create a Coinbase account to buy and sell Tether on the most secure crypto exchange.
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 New Zealand Dollar differ
Tether (USDT) and the New Zealand Dollar (NZD) are both mediums of exchange, but they operate in fundamentally different ways. Tether, launched in 2014, is a digital currency that aims to mirror the value of the US dollar, providing a stable value in the often volatile cryptocurrency market. It operates on several leading blockchains, including Ethereum and Bitcoin Cash's Simple Ledger Protocol, and every Tether token is backed 100% by Tether's reserves. On the other hand, the New Zealand Dollar is a traditional fiat currency issued and regulated by the Reserve Bank of New Zealand. Unlike Tether, the NZD's value is not pegged to another currency but fluctuates based on economic factors such as inflation, interest rates, and geopolitical events. While Tether provides a decentralized method of exchanging value, the NZD operates within a centralized financial system. Furthermore, Tether transactions can be conducted globally without intermediaries, while NZD transactions may require banks or financial service providers, especially for international transfers.
Buy Tether with Coinbase
Create a Coinbase account to buy and sell Tether on the most secure crypto exchange.
Buy Tether with Coinbase Wallet
Create a Coinbase account to buy and sell Tether on the most secure crypto exchange.
Browse related conversions
Popular Tether conversions
A selection of other popular currency conversions of Tether to various fiat currencies.
Convert other assets to NZD
A selection of relevant cryptocurrencies you might be interested in based on your interest in Tether.
USDT to New Zealand Dollar conversion tables
The exchange rate of Tether is decreasing.
The current value of 1 USDT is NZ$1.77 NZD. In other words, to buy 5 Tether, it would cost you NZ$8.85 NZD. Inversely, NZ$1.00 NZD would allow you to trade for 0.56 USDT while NZ$50.00 NZD would convert to 28.24 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.12%. Meanwhile, in the last 24 hours, the rate has changed by 0.04%, and that the the highest exchange rate of 1 USDT to New Zealand Dollar was NZ$1.77 NZD and the lowest 24 hour value was 1 USDT for NZ$1.76 NZD. This time last month, the value of 1 USDT was NZ$1.72 NZD, which is a 0.3% increase from where it is now. Looking back a year, Tether has changed by NZ$1.59 NZD. That means that in a single year, the value of Tether has shrank by 0.14%.
USDT to NZD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
NZ$1.77 NZD | -0.04% | NZ$1.73 NZD | -0.12% | NZ$1.72 NZD | -0.30% | NZ$1.59 NZD | -0.14% |
USDT to NZD
Amount | Today at 4:34 pm |
|---|---|
0.5 USDT | NZ$0.89 |
1 USDT | NZ$1.77 |
5 USDT | NZ$8.85 |
10 USDT | NZ$17.70 |
50 USDT | NZ$88.52 |
100 USDT | NZ$177.04 |
500 USDT | NZ$885.21 |
1,000 USDT | NZ$1,770.42 |
NZD to USDT
Amount | Today at 4:34 pm |
|---|---|
0.5 NZD | 0.28 USDT |
1 NZD | 0.56 USDT |
5 NZD | 2.82 USDT |
10 NZD | 5.65 USDT |
50 NZD | 28.24 USDT |
100 NZD | 56.48 USDT |
500 NZD | 282.42 USDT |
1,000 NZD | 564.84 USDT |
Today vs. 24 hours ago
Amount | Today at 4:34 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 USDT | NZ$0.89 | NZ$0.89 | -0.07% |
1 USDT | NZ$1.77 | NZ$1.77 | -0.07% |
5 USDT | NZ$8.85 | NZ$8.86 | -0.07% |
10 USDT | NZ$17.70 | NZ$17.72 | -0.07% |
50 USDT | NZ$88.52 | NZ$88.58 | -0.07% |
100 USDT | NZ$177.04 | NZ$177.16 | -0.07% |
500 USDT | NZ$885.21 | NZ$885.80 | -0.07% |
1,000 USDT | NZ$1,770.42 | NZ$1,771.59 | -0.07% |
Today vs. 1 month ago
Amount | Today at 4:34 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 USDT | NZ$0.89 | NZ$0.89 | -0.33% |
1 USDT | NZ$1.77 | NZ$1.78 | -0.33% |
5 USDT | NZ$8.85 | NZ$8.88 | -0.33% |
10 USDT | NZ$17.70 | NZ$17.76 | -0.33% |
50 USDT | NZ$88.52 | NZ$88.81 | -0.33% |
100 USDT | NZ$177.04 | NZ$177.62 | -0.33% |
500 USDT | NZ$885.21 | NZ$888.11 | -0.33% |
1,000 USDT | NZ$1,770.42 | NZ$1,776.21 | -0.33% |
Today vs. 1 year ago
Amount | Today at 4:34 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 USDT | NZ$0.89 | NZ$0.89 | -0.19% |
1 USDT | NZ$1.77 | NZ$1.77 | -0.19% |
5 USDT | NZ$8.85 | NZ$8.87 | -0.19% |
10 USDT | NZ$17.70 | NZ$17.74 | -0.19% |
50 USDT | NZ$88.52 | NZ$88.69 | -0.19% |
100 USDT | NZ$177.04 | NZ$177.37 | -0.19% |
500 USDT | NZ$885.21 | NZ$886.86 | -0.19% |
1,000 USDT | NZ$1,770.42 | NZ$1,773.71 | -0.19% |
Buy Tether with Coinbase
Create a Coinbase account to buy and sell Tether on the most secure crypto exchange.
Buy Tether with Coinbase Wallet
Create a Coinbase account to buy and sell Tether on the most secure crypto exchange.
Discover assets similar to Tether
Top trading volume
Browse the assets with the highest trading volume in the past 24H on Coinbase.
Explore more conversions
Advanced asset conversions
A selection of relevant cryptocurrencies you might be interested in based on your interest in Bitcoin.
More currency conversions
A selection of conversions for different assets and currencies.
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.