Which blockchain network is Tether (USDT) built on?
Beasley FrenchNov 26, 2021 · 3 years ago3 answers
Can you please tell me on which blockchain network Tether (USDT) is built? I'm curious to know the underlying technology behind this popular stablecoin.
3 answers
- Nov 26, 2021 · 3 years agoTether (USDT) is built on multiple blockchain networks, including Ethereum, Tron, and Omni. Each blockchain network has its own version of Tether, but they are all pegged to the value of the US dollar. This allows users to transfer and trade Tether across different blockchain networks.
- Nov 26, 2021 · 3 years agoTether (USDT) is built on the Ethereum blockchain network. It was originally launched as an ERC-20 token, but now it also exists on other blockchain networks like Tron and Omni. The choice of Ethereum as the initial platform was mainly due to its popularity and robustness in the blockchain space.
- Nov 26, 2021 · 3 years agoTether (USDT) is built on various blockchain networks, including Ethereum, Tron, and Omni. These networks provide the necessary infrastructure for Tether to function as a stablecoin. By leveraging the capabilities of different blockchain networks, Tether aims to provide users with a seamless and efficient experience in transferring and storing value.
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