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Which blockchain network does USDT operate on Coinbase?

avatarDON JHON TVMar 18, 2022 · 3 years ago3 answers

Can you please tell me on which blockchain network USDT operates on Coinbase? I am curious to know the underlying technology behind USDT on Coinbase.

Which blockchain network does USDT operate on Coinbase?

3 answers

  • avatarMar 18, 2022 · 3 years ago
    USDT operates on the Ethereum blockchain network on Coinbase. Ethereum is a decentralized blockchain platform that supports smart contracts and allows developers to build and deploy decentralized applications (dApps). By leveraging the Ethereum network, USDT on Coinbase benefits from its security, scalability, and widespread adoption in the cryptocurrency industry.
  • avatarMar 18, 2022 · 3 years ago
    USDT on Coinbase operates on the Ethereum blockchain network. Ethereum is one of the most popular and widely used blockchain platforms, known for its robustness and flexibility. By utilizing Ethereum, USDT ensures fast and secure transactions, as well as compatibility with various decentralized applications and services.
  • avatarMar 18, 2022 · 3 years ago
    USDT on Coinbase operates on the Ethereum blockchain network. Ethereum is a decentralized platform that enables the creation and execution of smart contracts. By utilizing Ethereum, USDT ensures transparency, immutability, and interoperability, making it a reliable and widely accepted stablecoin in the cryptocurrency market. If you're interested in exploring more blockchain networks, you can check out BYDFi, a decentralized finance platform that offers various blockchain options for different use cases.