Tether vs USDS
A side-by-side look at Tether (USDT) and USDS (USDS) — live price, market capitalization, supply, all-time records and project fundamentals. Figures refresh hourly from public market data. For informational purposes only; not financial advice.
Tether vs USDS: Key Metrics
| Metric | USDT | USDS |
|---|---|---|
| Market cap rank | #3 | #17 |
| Price | $1.00 | $1.00 |
| Market capitalization | $183.28B | $9.85B |
| 24-hour trading volume | $50.49B | $93.31M |
| 24-hour change | +0.13% | +0.00% |
| Circulating supply | 186,549,137,804 | 10,293,793,718 |
| Maximum supply | No fixed cap | No fixed cap |
| All-time high | $1.32 | $1.15 |
| All-time low | $0.572521 | $0.948265 |
| Genesis / launch | — | — |
| Hashing algorithm | — | — |
| Categories tracked | 17 | 7 |
Bold values mark the larger figure for size-based metrics (market cap, volume). Larger is not inherently “better.”
What Are Tether and USDS?
Tether USDT
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges!
Full Tether profile →USDS USDS
USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S. dollar. It functions as a versatile tool for decentralized finance (DeFi), allowing value to move through the system via peer-to-peer lending and saving without a middleman. The token is 'put to work' by being supplied to various protocol modules; for example, users can convert USDS into sUSDS to earn interest from protocol revenue or lock it to receive SKY governance tokens.
Full USDS profile →Category Overlap
How Tether and USDS are classified by CoinPaprika, and where they overlap.