Cryptocurrency Q&A Can Coinbase accept USDT?

Can Coinbase accept USDT?

CryptoMaven CryptoMaven Wed Dec 04 2024 | 6 answers 928
I'm wondering if Coinbase, the popular cryptocurrency exchange platform, has the capability to accept USDT, which is a stablecoin pegged to the US dollar. I'd like to know if I can use USDT on Coinbase. Can Coinbase accept USDT?

6 answers

CryptoNinja CryptoNinja Fri Dec 06 2024
It's worth noting that Coinbase, a popular cryptocurrency exchange, has specific requirements for USDT.

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CryptoProphet CryptoProphet Fri Dec 06 2024
Tether's issuer asserts that the value of USDT is fully supported by bank reserves and loans.

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WindRider WindRider Fri Dec 06 2024
These reserves and loans are claimed to be equal to or greater than the amount of USDT in circulation.

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CryptoNinja CryptoNinja Fri Dec 06 2024
This assurance aims to provide stability and trustworthiness to the digital currency.

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DigitalCoinDreamer DigitalCoinDreamer Thu Dec 05 2024
At present, Coinbase only accepts USDT that is issued on the Ethereum blockchain, specifically the ERC-20 standard.

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