How much does 1 USDT cost today?

As of right now, 1 USDT costs $1.39 CAD. The price is updated live from CoinGecko and changes throughout the day based on global trading activity.

How do I buy Tether in Canada?

Canadians can buy Tether on regulated Canadian exchanges such as Bitbuy, Newton, NDAX, Wealthsimple Crypto, and Shakepay. Tether is also available on major international exchanges (Coinbase, Kraken, Binance) and as spot ETFs in some cases. Always confirm the platform is registered with the Canadian Securities Administrators (CSA) before depositing funds.

How is Tether taxed in Canada?

In Canada, the CRA treats cryptocurrency as a commodity rather than a currency. Selling, trading, or spending Tether triggers a capital gain or loss — 50% of which is taxable as income at your marginal rate. If you trade Tether frequently or as a business, the CRA may treat profits as 100% taxable business income. Keep detailed records of every transaction, including date, amount, fair market value in CAD, and counterparty.

Is Tether a good investment?

This page does not provide investment advice. Tether is a volatile asset — historical price swings have included gains and losses of more than 50% within single calendar years. Before investing, understand your time horizon, risk tolerance, and only invest what you can afford to lose. Consider using our DCA Simulator to test how dollar-cost-averaging into Tether would have performed historically.

Tether uses a Varies by host blockchain consensus mechanism, so it cannot be staked directly in the same way as proof-of-stake coins like Ethereum or Solana. Some platforms offer "earn" or lending products that pay yield on Tether, but these carry counterparty risk.

Tether Price (USDT)

Rank #3 by market cap

            CA$1.39
        

24H Change +0.44%

7D Change +0.39%

Market Cap $260.41B

24H Volume $474.20B

24H High CA$1.39

24H Low CA$1.38

USD CAD EUR

Price Chart

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About Tether

The largest stablecoin, pegged 1:1 to the US dollar.

Tether (USDT) is a stablecoin issued by Tether Limited that is intended to maintain a value of one US dollar per token. Tether holds reserves — cash, US Treasuries, and other assets — to back the tokens in circulation. USDT runs on multiple blockchains including Ethereum, Tron, Solana, and others. It is the most-traded cryptocurrency by 24-hour volume, largely because traders use it as a quote currency on exchanges instead of fiat dollars.

USDT lets traders quickly move out of volatile crypto positions into a dollar-equivalent without leaving the crypto ecosystem. It is widely used for cross-border remittances, especially in countries with capital controls or weak banking infrastructure. Many DeFi protocols accept USDT as collateral and a unit of account.

Key facts

Category	Stablecoin (USD-pegged)
Launched	2014
Consensus	Varies by host blockchain
Supply	Uncapped. Tether issues and redeems tokens against reserves on demand.
Founder	Brock Pierce, Reeve Collins, Craig Sellars (via Tether Limited)
Official site	https://tether.to