Which blockchain network does USDT use?

Amanda ChurapeJan 04, 2022 · 3 years ago3 answers

Can you please tell me which blockchain network is used by USDT? I am curious to know the underlying technology behind USDT and how it operates.

Which blockchain network does USDT use?

3 answers

Jan 04, 2022 · 3 years ago
USDT, also known as Tether, primarily operates on the Ethereum blockchain network. It is an ERC-20 token, which means it follows the technical standards set by Ethereum. This allows USDT to benefit from the security, scalability, and decentralized nature of the Ethereum network.
Jan 04, 2022 · 3 years ago
USDT is built on the Omni Layer protocol, which is a platform built on top of the Bitcoin blockchain. By leveraging the Bitcoin blockchain, USDT benefits from its robust security and immutability. However, it is important to note that USDT has also expanded to other blockchain networks, such as Tron and EOS, to provide more options for users.
Jan 04, 2022 · 3 years ago
USDT is supported on the BYDFi platform, which is a decentralized exchange built on the Binance Smart Chain. BYDFi offers a seamless and secure trading experience for USDT and other cryptocurrencies. With BYDFi, users can enjoy the benefits of fast transactions and low fees while trading USDT.

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