ALGO/USDT market overview
Algorand price today
The price of Algorand is 0.0925 USDT as of Nov 2, 2026, 13:12 UTC. ALGO is down 2.63% in the last 24 hours, trading between 0.0921 USDT and 0.0954 USDT, with 293.76K USDT in 24-hour trading volume. Over the past 7 days, Algorand has fallen 12.24% against USDT.
Today
- Last price
- 0.0925 USDT
- 24h high
- 0.0954 USDT
- 24h low
- 0.0921 USDT
- 24h volume (ALGO)
- 3.13M ALGO
- 24h volume (USDT)
- 293.76K USDT
Performance
- 24h change
- -2.63%
- 7-day change
- -12.24%
- 30-day change
- -29.44%
- 90-day change
- --
- 1-year change
- --
How to buy and sell ALGO with USDT on OTCN
Easy trade converts one asset into another at the rate shown in the trade card above. To buy Algorand, select Buy, enter the amount of USDT you want to spend and check how much ALGO you will receive. To sell, switch to Sell and enter the amount of ALGO you want to convert back to USDT.
The rate moves with the market, so always review the amount you will receive before you confirm. If you want to set your own price with limit orders, use the ALGO/USDT spot market instead. Fees for every product are listed on the Fees page.
What is Algorand (ALGO)?
Silvio Micali, a professor of computer science at MIT and a Turing Award winner, founded Algorand in 2017. The project's main network opened in June 2019 as a layer-1 chain aimed at payments and smart contracts, with low fees and fast finality as core goals. ALGO is the token native to that network.
Algorand reaches consensus through pure proof of stake. For every block, a verifiable random function picks the accounts that propose it and vote on it, and an account's odds of selection grow with its ALGO balance. Each block is final in under three seconds, and a fresh one arrives roughly every 2.8 seconds. ALGO is spent on transaction fees, which start at 0.001 ALGO, and gives holders a role in consensus. Since a January 2025 upgrade, eligible block proposers can also receive block rewards. The genesis block contained the full 10 billion ALGO, and supply is capped at that figure.
What is Tether (USDT)?
Tether (USDT) is a stablecoin designed to hold a value of 1 US dollar. It launched in 2014 and is issued on several blockchains, including Ethereum and Tron. Because its price is meant to stay close to 1 USD, traders use USDT to price other crypto assets and to keep a dollar-denominated balance without leaving the crypto market.
Why trade Algorand against USDT?
The ALGO/USDT pair prices Algorand's token against USDT, a stablecoin that aims to hold a value of one US dollar. Holders who rely on ALGO for network fees or consensus participation can move part of their balance into USDT, or back into ALGO, in a single conversion. Measuring ALGO against the same USDT benchmark used for other layer-1 tokens also simplifies side-by-side comparison. The pair is open at any hour, weekends and holidays included.
Cryptocurrency prices are highly volatile and you can lose some or all of the money you convert. The information on this page is general market information, not investment advice, and past price movements are not a reliable indicator of future results. Read our
Risk Disclosure before you trade.
