Convert and Swap Tether USDT to Vietnamese Đồng VND
USDT/VND: 1 Tether equals ₫25,426.62 VND
Last update: 10:37 PM, December 22, 2024
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Tether is falling this week.
The current price of Tether is ₫25,426.62 per USDT. With a circulating supply of 139,872,815,646.753 USDT, it means that Tether has a total market cap of ₫3,556,696,424,970,823.50. The amount of Tether traded has fallen by ₫659,023,528,459,080 in the last 24 hours, which is a 22.88% decrease. Additionally, in the last day, ₫2,879,919,751,230,296 worth of USDT has been traded.
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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 Vietnamese Đồng differ
Tether (USDT) and Vietnamese Đồng (VND) are both forms of currency, but they operate in fundamentally different ways. Tether, launched in 2014, is a digital currency that aims to incorporate traditional fiat currencies into the digital realm. It's a stablecoin, meaning its value is pegged 1:1 to the US dollar, providing a stable and decentralized method of exchanging value. Tether operates on several leading blockchains, including Ethereum, Algorand, and Solana, among others, and every Tether token is backed 100% by Tether's reserves. On the other hand, the Vietnamese Đồng is the official currency of Vietnam, issued by the State Bank of Vietnam. Unlike Tether, the Đồng is a physical currency, subject to the traditional banking system and the monetary policy of the Vietnamese government. It's not pegged to any other currency and its value can fluctuate based on various economic factors. While Tether provides a way to transact a U.S. dollar equivalent globally via blockchain, the Đồng is primarily used within Vietnam and must be physically exchanged when used internationally.
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USDT to Vietnamese Đồng conversion tables
The exchange rate of Tether is decreasing.
The current value of 1 USDT is ₫25,427 VND. In other words, to buy 5 Tether, it would cost you ₫127,133 VND. Inversely, ₫1 VND would allow you to trade for 0.000039 USDT while ₫50 VND would convert to 0.001966 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.08%. Meanwhile, in the last 24 hours, the rate has changed by 0.09%, and that the the highest exchange rate of 1 USDT to Vietnamese Đồng was ₫25,445.21 VND and the lowest 24 hour value was 1 USDT for ₫25,422.04 VND. This time last month, the value of 1 USDT was ₫25,443 VND, which is a 0.2% increase from where it is now. Looking back a year, Tether has changed by ₫24,268 VND. That means that in a single year, the value of Tether has shrank by 0.14%.
USDT to VND performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₫25,445.21 VND | -0.09% | ₫25,400.29 VND | -0.08% | ₫25,443.17 VND | -0.20% | ₫24,267.60 VND | -0.14% |
USDT to VND
Amount | Today at 10:37 pm |
|---|---|
0.5 USDT | ₫12,713.31 |
1 USDT | ₫25,426.62 |
5 USDT | ₫127,133.12 |
10 USDT | ₫254,266.24 |
50 USDT | ₫1,271,331.18 |
100 USDT | ₫2,542,662.37 |
500 USDT | ₫12,713,311.83 |
1,000 USDT | ₫25,426,623.66 |
VND to USDT
Amount | Today at 10:37 pm |
|---|---|
0.5 VND | 0.000020 USDT |
1 VND | 0.000039 USDT |
5 VND | 0.000197 USDT |
10 VND | 0.000393 USDT |
50 VND | 0.0020 USDT |
100 VND | 0.0039 USDT |
500 VND | 0.0197 USDT |
1,000 VND | 0.0393 USDT |
Today vs. 24 hours ago
Amount | Today at 10:37 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 USDT | ₫12,713.31 | ₫12,722.48 | -0.07% |
1 USDT | ₫25,426.62 | ₫25,444.95 | -0.07% |
5 USDT | ₫127,133.12 | ₫127,224.76 | -0.07% |
10 USDT | ₫254,266.24 | ₫254,449.51 | -0.07% |
50 USDT | ₫1,271,331.18 | ₫1,272,247.55 | -0.07% |
100 USDT | ₫2,542,662.37 | ₫2,544,495.11 | -0.07% |
500 USDT | ₫12,713,311.83 | ₫12,722,475.54 | -0.07% |
1,000 USDT | ₫25,426,623.66 | ₫25,444,951.08 | -0.07% |
Today vs. 1 month ago
Amount | Today at 10:37 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 USDT | ₫12,713.31 | ₫12,740.10 | -0.21% |
1 USDT | ₫25,426.62 | ₫25,480.21 | -0.21% |
5 USDT | ₫127,133.12 | ₫127,401.03 | -0.21% |
10 USDT | ₫254,266.24 | ₫254,802.06 | -0.21% |
50 USDT | ₫1,271,331.18 | ₫1,274,010.30 | -0.21% |
100 USDT | ₫2,542,662.37 | ₫2,548,020.59 | -0.21% |
500 USDT | ₫12,713,311.83 | ₫12,740,102.96 | -0.21% |
1,000 USDT | ₫25,426,623.66 | ₫25,480,205.91 | -0.21% |
Today vs. 1 year ago
Amount | Today at 10:37 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 USDT | ₫12,713.31 | ₫12,737.05 | -0.19% |
1 USDT | ₫25,426.62 | ₫25,474.10 | -0.19% |
5 USDT | ₫127,133.12 | ₫127,370.48 | -0.19% |
10 USDT | ₫254,266.24 | ₫254,740.97 | -0.19% |
50 USDT | ₫1,271,331.18 | ₫1,273,704.84 | -0.19% |
100 USDT | ₫2,542,662.37 | ₫2,547,409.68 | -0.19% |
500 USDT | ₫12,713,311.83 | ₫12,737,048.39 | -0.19% |
1,000 USDT | ₫25,426,623.66 | ₫25,474,096.77 | -0.19% |
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