Cryptocurrency Q&A Is Tether built on Ethereum?

Is Tether built on Ethereum?

SumoPride SumoPride Wed Jan 15 2025 | 6 answers 1614
I've been hearing a lot about cryptocurrencies and blockchain technology recently. I'm particularly interested in Tether and Ethereum. I know Ethereum is a popular blockchain platform, but I'm not sure about the relationship between Ethereum and Tether. Is Tether built on the Ethereum blockchain? Is Tether built on Ethereum?

6 answers

Alessandra Alessandra Fri Jan 17 2025
It is pegged to the U.S. dollar, making it a reliable store of value in the volatile cryptocurrency market.

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Federico Federico Fri Jan 17 2025
Tether (USDT) is a unique Ethereum token designed to maintain a stable value.

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Valentina Valentina Thu Jan 16 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.

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Elena Elena Thu Jan 16 2025
This feature makes USDT a popular choice among traders and investors seeking stability.

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Giulia Giulia Thu Jan 16 2025
The issuer of Tether claims that the token is backed by bank reserves and loans.

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