Cryptocurrency Q&A Can USDT be sent on the Ethereum network?

Can USDT be sent on the Ethereum network?

Nicola Nicola Thu Jan 02 2025 | 6 answers 1564
I'm wondering if USDT, a stablecoin pegged to the US dollar, can be transferred using the Ethereum network. Is this possible, and if so, how does it work? Can USDT be sent on the Ethereum network?

6 answers

amelia_jackson_environmentalist amelia_jackson_environmentalist Sat Jan 04 2025
These reserves and loans are claimed to be equal to or greater than the amount of USDT in circulation.

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Arianna Arianna Sat Jan 04 2025
Tether's issuer asserts that the value of USDT is supported by bank reserves and loans.

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Eleonora Eleonora Fri Jan 03 2025
Users should be cautious and not send USDT on any other blockchain to Coinbase, as it will not be accepted.

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KatanaSwordsmanship KatanaSwordsmanship Fri Jan 03 2025
This assertion is meant to provide reassurance to investors and users of the cryptocurrency.

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SumoStrength SumoStrength Fri Jan 03 2025
It's worth noting that Coinbase, a popular cryptocurrency exchange, only supports USDT on the Ethereum blockchain.

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