Home web3.0 How to check how much USDT is left in someone else's account?

How to check how much USDT is left in someone else's account?

Aug 08, 2024 pm 12:33 PM
Blockchain cryptocurrency Stablecoin usdt

It is usually not possible to check other people’s USDT balances because the information is private and not public. However, there are two exceptions: 1. The parties to the transaction reach an agreement and the holder agrees to provide information; 2. Law enforcement agencies use legal procedures to obtain information due to reasonable suspicion, but only for major crimes.

How to check how much USDT is left in someone elses account?

How to check someone else’s USDT balance

Tracing someone else’s USDT balance is usually impossible because the information is private and not visible on the public blockchain. USDT is operated by Tether, a centralized company that keeps user information confidential.

However, there are two scenarios in which you can query the USDT balance of others:

1. The two parties to the transaction reach an agreement

The party holding USDT can negotiate with the querying party to provide its balance information. This requires voluntary cooperation from both parties, and there is no guarantee that the holder will provide accurate information.

2. Law Enforcement Investigation

If law enforcement agencies have reasonable grounds to believe that someone is involved in illegal activities, they can use a court order or other legal means to obtain their USDT balance information. However, such investigations must adhere to strict legal procedures and typically target major crimes.

Warm Reminder:

Please remember that checking someone else’s USDT balance without their consent may be illegal and unethical. In any case, always respect individual privacy rights.

Tether latest market

Currently, Tether (USDT) is trading at $1.000659, with a 24-hour trading volume of $763 billion.

Latest Changes

The price of Tether fell by 0.03% in the past 24 hours. This small fluctuation may be due to investors reducing their exposure to cryptocurrencies recently.

Factors Affecting Price

Factors affecting Tether price movements include:

  • Demand for Stablecoins: USDT is the main stablecoin and is usually pegged to the value of the US dollar. Increased demand for stablecoins will push the price of USDT higher.
  • Regulatory Concerns: If regulators raise concerns about the stablecoin industry, it could cause investors to sell and cause prices to fall.

Future Price Forecast

In the short term, Tether price is expected to continue to fluctuate around $1.00. However, in the long term, as the cryptocurrency market matures, demand for it as a stablecoin is likely to increase, driving its price higher.

Advice

Investors should exercise caution as the cryptocurrency market is highly volatile. Only invest money that you are willing to lose.

Short-Term Trend Forecast

In the short term, Tether is expected to remain around $1.00, possibly rising or falling slightly, but not by much.

Indicator

  • Current price: 1.000659 USD
  • 24 hour trading volume: 763 billion USD
  • Circulation volume: 114551170628.49 USDT
  • Maximum supply: N/A
  • Total supply: 1145511 70628.49 USDT
  • Circulation market value : 1.1463 billion US dollars

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