What is the network used by USDT on Coinbase?

3 answers

• Rica Mae Dacanay BaliliJun 19, 2022 · 4 years ago
  USDT, also known as Tether, is a stablecoin that is pegged to the US dollar. On Coinbase, USDT is primarily issued on the Ethereum network as an ERC-20 token. This means that USDT transactions on Coinbase are recorded on the Ethereum blockchain. The use of the Ethereum network provides transparency and security for USDT transactions on Coinbase.
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• qbw0728Mar 15, 2024 · 2 years ago
  USDT on Coinbase is built on the Ethereum network. This allows for fast and secure transactions, as well as compatibility with other Ethereum-based decentralized applications (dApps). The Ethereum network has a strong community and infrastructure, making it a popular choice for USDT and other tokens.
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• Anwar BishirDec 01, 2024 · 2 years ago
  USDT on Coinbase is built on the Ethereum network. Ethereum is a decentralized blockchain platform that enables the creation of smart contracts and the development of decentralized applications. By using the Ethereum network, USDT on Coinbase benefits from the security, scalability, and global reach of the Ethereum ecosystem.
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