I'm wondering if USDT, which is a stablecoin pegged to the US dollar, can operate on the
Ethereum network. I want to know if it's compatible with Ethereum and if there are any specific requirements or limitations.
6 answers
CryptoVanguard
Thu Jan 02 2025
The peg to the U.S. dollar is intended to give investors a sense of security and reduce volatility.
Elena
Thu Jan 02 2025
Tether (USDT) holds a unique position in the cryptocurrency market.
GwanghwamunGuardianAngelWings
Thu Jan 02 2025
BTCC, a leading cryptocurrency exchange, offers a range of services related to Tether and other digital currencies.
GeishaWhisper
Thu Jan 02 2025
It is designed as an Ethereum token with a specific value proposition.
Paolo
Thu Jan 02 2025
Unlike many other cryptocurrencies, USDT's value is tied to the U.S. dollar.