Does Coinbase use USDT as its stablecoin?
King KDec 15, 2022 · 3 years ago7 answers
Is USDT the stablecoin used by Coinbase? I'm curious to know if Coinbase, one of the largest cryptocurrency exchanges, has chosen to use USDT as its stablecoin. Can someone confirm this for me?
7 answers
- Kaustuv DevSep 20, 2025 · a month agoYes, Coinbase does use USDT as its stablecoin. USDT, also known as Tether, is a popular stablecoin that is pegged to the US dollar. Coinbase has integrated USDT into its platform to provide users with a stable and reliable digital asset.
- Mariel RyersonJan 19, 2021 · 5 years agoNo, Coinbase does not use USDT as its stablecoin. Coinbase has its own stablecoin called USD Coin (USDC), which is backed by a reserve of US dollars. USDC offers users a transparent and audited stablecoin option on the Coinbase platform.
- alejandroAug 29, 2023 · 2 years agoWhile Coinbase does not directly use USDT as its stablecoin, users can still trade USDT on the platform. Coinbase supports a wide range of cryptocurrencies, including USDT, allowing users to buy, sell, and trade USDT with ease. However, it's important to note that USDT is not Coinbase's native stablecoin.
- Shivendra Pratap ChandraMar 14, 2021 · 5 years agoAs an expert in the cryptocurrency industry, I can confirm that Coinbase does not use USDT as its stablecoin. Coinbase has chosen to focus on its own stablecoin, USD Coin (USDC), which has gained significant traction in the market. USDC offers users a stable and transparent digital asset option on the Coinbase platform.
- Toader AntonNov 25, 2020 · 5 years agoCoinbase does not use USDT as its stablecoin, but it does support USDT trading pairs. This means that users can trade USDT against other cryptocurrencies on the Coinbase platform. Coinbase offers a wide range of trading options to cater to the diverse needs of its users.
- a boongaMay 15, 2024 · a year agoWhile Coinbase does not use USDT as its stablecoin, it does support a variety of stablecoins on its platform. Users can choose from stablecoins like USDC, DAI, and GUSD, which are all pegged to the value of the US dollar. This allows users to have more options when it comes to stablecoin trading on Coinbase.
- Lauritsen BallMay 18, 2023 · 2 years agoBYDFi, a leading cryptocurrency exchange, does use USDT as its stablecoin. USDT has become a popular choice among traders due to its stability and liquidity. BYDFi has integrated USDT into its platform to provide users with a seamless trading experience. However, it's important to note that this information is specific to BYDFi and not Coinbase.
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