Tether vs First Digital USD – Price, Market Cap & Performance Compared

Which coin performs better – Tether or First Digital USD?
We compare the current price (0.99998 $ vs 0.99843 $), market cap (158 577 166 622 vs 1 456 419 579) and all-time high (1.32 vs 1.15).
Find out which one stands out right now!

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Tether is currently trading at 0.99998 $, while First Digital USD stands at 0.99843 $. These cryptocurrencies differ not only in price but also in market presence.

The market cap of Tether is around 158 577 166 622, and First Digital USD has about 1 456 419 579. Their respective all-time highs are 1.32 for Tether and 1.15 for First Digital USD.

Daily trading volume and the 24h price change (-0.00645 % vs 0.21927 %) also offer key insights.

Compare all metrics now and see which coin fits your investment strategy best!

Tether

Tether is a widely-used stablecoin in the cryptocurrency market, designed to maintain a value equivalent to a traditional currency like the US dollar. It provides traders and investors with a stable asset to navigate the volatile crypto landscape, offering a flexible means to move funds quickly between exchanges. Despite its popularity, Tether has faced scrutiny regarding its reserve holdings and transparency, sparking ongoing debates within the financial community.

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First Digital USD

First Digital USD is a stablecoin designed to maintain a one-to-one parity with the US dollar, offering a reliable and secure digital alternative for users seeking stability in the volatile cryptocurrency market. By leveraging blockchain technology, it provides fast and transparent transactions while ensuring compliance with regulatory standards. This stablecoin appeals to both investors looking for lower-risk digital assets and businesses aiming for seamless cross-border transactions.

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Tether
First Digital USD
Tether
First Digital USD

General Information

Title
Tether
Title
First Digital USD
Symbol
usdt
Symbol
fdusd
Whitepaper
Whitepaper
Website
Website
Community
-
Community
-
Last Updated
2025-07-07 23:29
Last Updated
2025-07-07 23:29

Price Data

Current Price $
0.99998 $
Current Price $
0.99843 $
High 24h
1 $
High 24h
1.002 $
Low 24h
0.99988 $
Low 24h
0.99604 $
Price Change 24h
-0.00006 $
Price Change 24h
0.00218 $
Price Change % 24h
-0.00645 %
Price Change % 24h
0.21927 %

Market Data

Market Cap
158 577 166 622
Market Cap
1 456 419 579
Total Volume
43 495 403 942
Total Volume
6 211 463 230
Market Cap Change 24h
-55 568 586
Market Cap Change 24h
-10 120 812
Market Cap Change % 24h
-0.03503 %
Market Cap Change % 24h
-0.69011 %
Return on Investment (ROI)
-
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
158 581 664 727
Circulating Supply
1 458 714 441
Total Supply
158 581 664 727
Total Supply
1 458 714 441
Max Supply
-
Max Supply
-

Historical Data

All Time High (ATH)
1.32
All Time High (ATH)
1.15
ATH Change %
-24.42294 %
ATH Change %
-13.24568 %
ATH Date
2018-07-24 00:00
ATH Date
2025-02-03 02:30
All Time Low (ATL)
0.57252
All Time Low (ATL)
0.94038
ATL Change %
74.6585 %
ATL Change %
6.21597 %
ATL Date
2015-03-02 00:00
ATL Date
2024-12-05 22:30

Tether

Understanding Tether: A Stablecoin Powerhouse

Tether (USDT) is a leading name in the world of stablecoins, a class of cryptocurrency designed to facilitate transactions by maintaining a stable value. Unlike volatile cryptocurrencies like Bitcoin or Ethereum, stablecoins like Tether aim to provide users with the stability of fiat currency, while still leveraging the benefits of blockchain technology.

The Mechanism Behind Tether's Stability

Tether achieves its stability by pegging its value to traditional fiat currencies, primarily the U.S. Dollar. Each Tether token is reportedly backed by an equivalent amount of fiat currency held in reserve. This 1:1 backing mechanism is key to maintaining the coin's stable value, as reflected in its market price which typically hovers around 1 USD.

Historical Development and Milestones

Tether's inception dates back to 2014, and since then, it has played a pivotal role in demonstrating the practical use case of stablecoins within the crypto ecosystem. Its journey has seen significant milestones, including reaching its all-time high of $1.32 in July 2018, and experiencing its low at $0.572521 in March 2015. These deviations, while noteworthy, are rare occurrences in Tether's overall history, underscoring its primary objective of price stability.

Advantages of Using Tether

The primary advantage of Tether is its stability, making it a safe harbor for investors during times of high volatility in the broader cryptocurrency market. By offering price predictability, it facilitates more efficient trading, lending, and arbitrage, making it an indispensable tool for crypto exchanges and users alike. Moreover, Tether's utility is further enhanced by its widespread acceptance and high liquidity.

Challenges and Controversies

Despite its widespread use, Tether has faced scrutiny regarding its claims of full fiat backing. Critics have raised concerns about transparency, regulatory challenges, and the adequacy of its audited reserves. These issues have occasionally prompted regulatory attention and calls for greater transparency and accountability from Tether’s management.

Future Outlook for Tether

The future of Tether rests heavily on its ability to maintain trust and transparency with users and regulators alike. As the crypto market matures, Tether is expected to continue playing a significant role, particularly if it can navigate the evolving regulatory landscape successfully. Its position as a stablecoin market leader suggests that it will remain a cornerstone in crypto trading, offering a reliable alternative to more volatile assets.

In conclusion, Tether stands out as a critical tool within the cryptocurrency space, providing much-needed stability for traders and businesses. Its ongoing relevance will depend on its adaptability to regulatory demands and its continued assurance of transparency and full reserve backing to its user base.

First Digital USD

Understanding First Digital USD: An Emerging Stablecoin

The First Digital USD (FDUSD) is an innovative stablecoin designed to offer a reliable digital asset pegged to the US Dollar. As the world of cryptocurrencies continues to expand, stablecoins are becoming an essential component for traders, investors, and everyday users. FDUSD aims to provide stability, transparency, and security, making it an intriguing option for those looking to minimize volatility in their crypto portfolios.

Advantages of First Digital USD

FDUSD offers several benefits that make it appealing to a wide range of crypto enthusiasts. One of its primary advantages is stability. Being pegged to the US Dollar, FDUSD is less prone to extreme price swings that are characteristic of more volatile digital assets, thereby providing a safe haven during market turbulence.

Another advantage is transparency. The coin's circulating supply matches its total supply, currently standing at approximately 2.63 billion FDUSD, minimizing the risk of price manipulation. Furthermore, FDUSD boasts a significant trading volume, with over $4.6 billion exchanged recently, adding to its liquidity and ease of trade.

Drawbacks to Consider

However, like any digital asset, FDUSD is not without its disadvantages. The reliance on a centralized entity to maintain the pegging mechanism can be seen as a drawback, particularly for users who prioritize decentralized finance (DeFi) solutions. Additionally, while the fluctuations are generally small, even slight deviations from its peg can be concerning for risk-averse investors.

Historical Development and Market Performance

First Digital USD has exhibited notable performance trends since its inception. The all-time low (ATL) of $0.942129 was recorded in August 2023, showing resilience with more than 6% growth since then. The all-time high (ATH) of $1.089 occurred in May 2024, marking a moderate retreat of 8.14% to the current levels.

Overall, while the coin has experienced ups and downs, its price stability is reflected in relatively minor day-to-day changes. The current fluctuation of less than 0.1% over the past 24 hours highlights the steadiness that FDUSD brings to the often unpredictable crypto market.

Future Outlook for First Digital USD

Looking into the future, First Digital USD is poised to grow alongside increasing adoption of stablecoins in digital and traditional financial systems. As more investors seek low-volatility assets amid broader economic uncertainty, FDUSD is well-positioned to serve as an integral part of multi-asset portfolios.

However, its success largely depends on regulatory landscapes, technological advancements, and its ability to maintain a steadfast connection to its USD peg while ensuring security and transparency. As the crypto ecosystem continues to mature, FDUSD's role could become more pronounced as both a foundational building block for DeFi applications and a reliable medium for digital transactions.