Tether Price Analysis: How Did the Stablecoin Anchor Perform on February 3?
This article provides an in-depth analysis of Tether's price movements and stability on February 3, examining how its peg to the US dollar held up during that day.
In recent market activity, Tether (USDT) experienced fluctuations but largely maintained its peg, with minor deviations observed during high volatility periods.
### Market Overview
On February 3, the cryptocurrency market saw significant movements, and Tether's stability was put to the test.
- The price remained close to $1, with slight dips below the peg during market turbulence.
- Trading volume increased compared to previous days, indicating heightened activity.
- The market sentiment was cautiously optimistic, with traders watching for signs of de-pegging.
### Technical Analysis
Our technical indicators suggest that Tether's price was resilient, supported by strong backing and liquidity.
- The moving averages showed stability, with no clear trend of deviation.
- The spread between bid and ask prices remained narrow.
- No significant arbitrage opportunities were detected.
### Conclusion
Overall, Tether maintained its stability on February 3, demonstrating its effectiveness as a reliable stablecoin anchor.
Investors can continue to rely on USDT for liquidity and hedging purposes, though monitoring market conditions remains essential.

Amid the turbulent waves of the cryptocurrency world, Tether (USDT) plays a unique role — it is a bridge connecting the volatile digital asset space with the stable harbor of traditional finance.

Data as of February 3, 2026, shows that this “Stability Bridge” remains as solid as ever.

01 Tether Basics

Tether is one of the fundamental components in the crypto world. It is known as a “stablecoin,” with a core value proposition that is simple yet powerful: each circulating USDT should be backed by an equivalent amount of USD reserves.

This design allows USDT to offer a relatively stable price option in the highly volatile crypto market.

Launched in 2014, Tether was created to function like a digital dollar. Today, it has become a foundational infrastructure in the crypto economy.

From everyday transactions to complex financial operations, Tether’s applications extend far beyond simple value storage.

02 Latest Price Data as of February 3, 2026

According to the latest market data as of February 3, 2026, Tether continues to perform steadily, maintaining its peg at 1 USDT = 1 USD.

Despite frequent sharp fluctuations in the crypto market, USDT’s price stability demonstrates its core function as a stablecoin.

In the past 24 hours, Tether’s price has shown a slight upward trend, with a gain of +0.02%.

Over the past 7 days, the increase is also +0.02%, while over the past 30 days, it shows a small correction of -0.057%. From an annual perspective, the price change over the past year is -0.15%.

These tiny percentage changes precisely reflect the essence of a stablecoin — maintaining fundamental stability while making extremely limited market adjustments.

03 Market Performance and Key Indicators

To fully understand Tether’s position in the crypto ecosystem, we cannot just look at the price itself.

As of February 3, Tether’s 24-hour trading volume reached an astonishing $112.84 billion, highlighting USDT’s high liquidity and widespread use in the crypto market.

Currently, Tether’s market value is $185.35 billion, ranking third in the cryptocurrency market cap list, with a market dominance rate of 6.90%.

From a supply perspective, Tether’s circulating supply is 185.35 billion USDT, with a total supply of 190.82 billion USDT, and no maximum supply limit.

These large figures not only reflect Tether’s extensive application but also emphasize its vital role as a foundational liquidity provider in the crypto market.

04 Core Mechanisms of Price Stability

Tether’s price stability is not accidental but based on a clear reserve and redemption mechanism. Tether Limited commits that each issued USDT is supported by corresponding USD reserves.

This transparency mechanism allows users to verify the platform’s funds at any time.

Users can obtain USDT via SWIFT wire transfer or on exchanges, and can also redeem it for other cryptocurrencies like Bitcoin.

To redeem USDT for USD, users can follow the reverse process. This bidirectional convertibility is a key mechanism that maintains the 1:1 peg between USDT and USD.

05 Factors Influencing Tether’s Price

Although Tether aims to maintain a stable price, its market performance is still affected by various factors. Reserve transparency is the foundation of investor confidence.

In recent years, Tether has continuously improved the transparency of its reserve composition, regularly releasing reserve reports to enhance market trust.

Market demand fluctuations directly impact USDT’s price. When the crypto market experiences sharp volatility, traders often convert assets into USDT to hedge risks, increasing demand for USDT.

Conversely, during market booms, investors may exchange USDT for other cryptocurrencies seeking higher returns, which affects USDT’s supply and demand balance.

Evolving regulatory environments also indirectly influence Tether’s price. As global regulators pay increased attention to stablecoins, compliance becomes an important consideration for Tether’s future development.

Recently, Tether announced the suspension of support for blockchain networks such as EOS, Algorand, OmniLayer, BCH-SLP, and Kusama, reflecting strategic adjustments to adapt to regulatory and technological changes.

06 Historical Price Review and Market Positioning

Reviewing Tether’s price history reveals its resilience as a stablecoin. Tether’s all-time high was $1.32, while its lowest was $0.5725.

Compared to these extremes, the current price reflects Tether’s mature and stable state.

Among many stablecoins, Tether has consistently maintained a leading position, largely due to its first-mover advantage and broad exchange support.

According to CoinGecko data, Tether (USDT) is tradable on 742 cryptocurrency exchanges, with the most active trading pairs on Bybit and Gate, based on trading volume and trust scores.

Essentially, Tether acts as the “digital dollar” in the crypto world, providing a stable unit of account and store of value for global crypto trading.

07 Tether Trading on Gate Exchange

For users looking to trade Tether, Gate offers an efficient and reliable trading environment.

As one of the world’s leading cryptocurrency exchanges, Gate not only supports spot trading of USDT but also offers a wide range of trading pairs and liquidity.

On the Gate platform, users can easily exchange USDT for other cryptocurrencies, enjoying low slippage and deep market liquidity.

Gate’s interface is intuitive, allowing even beginners unfamiliar with crypto trading to quickly get started with USDT transactions.

Additionally, Gate provides USDT storage services to ensure the security of user assets. For those wishing to convert USDT into other currencies, Gate also offers a simple exchange channel.

Future Outlook

As trading data on February 3 was refreshed across major global exchanges, a trader on the Gate platform just completed a large USDT transfer.

This transaction, worth millions of dollars, was completed within seconds, with almost negligible fees and no price fluctuations experienced.

In Gate’s deep order book, buy and sell orders for USDT are balanced at several million dollars, with minimal bid-ask spreads and ample liquidity.