Cryptocurrency Q&A
Is USDT based on ETH?
Is USDT based on ETH?
KpopHarmonySoulMate
Tue Dec 31 2024
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6 answers
1618
I'm curious about USDT and its underlying technology. Is USDT based on Ethereum or does it use a different blockchain platform? I want to understand the technical foundation of USDT.
6 answers
Ilaria
Thu Jan 02 2025
This Ethereum-based token is designed to maintain a stable value by being pegged to the U.S. dollar.
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SsangyongSpirited
Thu Jan 02 2025
Tether, represented by the symbol USDT, is a unique type of cryptocurrency known as a stablecoin.
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GeishaElegance
Wed Jan 01 2025
BTCC, a leading cryptocurrency exchange, offers a range of services related to Tether and other digital assets.
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Riccardo
Wed Jan 01 2025
The issuer of Tether asserts that every USDT token is supported by equivalent reserves in traditional banking systems.
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DigitalDynastyGuard
Wed Jan 01 2025
These reserves consist of bank deposits and loans, which are intended to cover the entire circulation of USDT.
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