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Which blockchain does USDT utilize on Coinbase?

avatarEmmanuel AbbahDec 29, 2021 · 3 years ago3 answers

Can you please provide more information about the blockchain that USDT (Tether) utilizes on Coinbase?

Which blockchain does USDT utilize on Coinbase?
Blockchain
USDT
Coinbase

3 answers

  • avatarDec 29, 2021 · 3 years ago
    USDT (Tether) on Coinbase utilizes the Ethereum blockchain. This allows for fast and secure transactions, as well as compatibility with various decentralized applications (dApps) and smart contracts. The use of Ethereum blockchain also ensures transparency and immutability of USDT transactions on Coinbase.
  • avatarDec 29, 2021 · 3 years ago
    On Coinbase, USDT (Tether) is built on the Ethereum blockchain. This means that USDT transactions on Coinbase are recorded on the Ethereum network, providing a reliable and decentralized ledger for the digital asset. It also enables USDT to benefit from the Ethereum ecosystem and its wide range of applications.
  • avatarDec 29, 2021 · 3 years ago
    USDT (Tether) on Coinbase is based on the Ethereum blockchain. By utilizing Ethereum's robust infrastructure, USDT transactions on Coinbase are fast, secure, and transparent. This blockchain integration allows users to seamlessly trade and transfer USDT on Coinbase, taking advantage of the benefits offered by the Ethereum network.

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