BlackRock USD Institutional Digital Liquidity Fund (BUIDL) vs Tether (USDT)

Learn how BlackRock USD Institutional Digital Liquidity Fund and Tether differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.

$1
#40
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$0.9997
#3
USDT, or Tether, is a stablecoin, meaning it is a stable cryptocurrency aimed at maintaining a fixed value relative to the US dollar (USD). Launched in 2014 by Tether Limited, USDT is designed to offer the stability of a fiat currency while allowing for the speed and flexibility of transactions on blockchains. Each USDT is supposed to be backed by an equivalent reserve in dollars or equivalent assets, which helps maintain its parity with the dollar.
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Key Metrics Comparison

BlackRock USD Institutional Digital Liquidity FundBUIDL
Market Cap
$2.444B
24h Volume
$0
Liquidity Ratio
0.00%
24h Change
0.00%
7d Change
0.00%
Circulating Supply
2,444,102,578.96
Max Supply
N/A
All-Time High
$1
TetherUSDT
Market Cap
$189.626B
24h Volume
$70.501B
Liquidity Ratio
37.18%
24h Change
-0.01%
7d Change
-0.01%
Circulating Supply
189,691,595,348.529
Max Supply
N/A
All-Time High
$1

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two cryptocurrencies.

Market Share

Share of combined market cap

Market Share
BUIDL
1.3%
USDT
98.7%

Volume Share

Share of combined 24h volume

Volume Share
BUIDL
1.0%
USDT
100.0%

24h Performance

Price change over last 24 hours

24h Performance
BUIDL
0.00%
USDT
-0.01%

7d Performance

Price change over last 7 days

7d Performance
BUIDL
0.00%
USDT
-0.01%

Proximity to ATH

How close to all-time high (closer is better)

Proximity to ATH
BUIDL
-0.0%
USDT
-24.3%

Liquidity Ratio

Volume to market cap ratio (higher = more liquid)

Liquidity Ratio
BUIDL
0.00%
USDT
37.18%