common-close-0
BYDFi
Trade wherever you are!

Which network does Coinbase rely on for USDT transfers?

avatarEllegaard FaberMar 19, 2022 · 3 years ago3 answers

Can you tell me which network Coinbase uses for USDT transfers? I'm curious to know the underlying infrastructure that supports this process.

Which network does Coinbase rely on for USDT transfers?
Coinbase
USDT Transfers
Cryptocurrency

3 answers

  • avatarMar 19, 2022 · 3 years ago
    Coinbase relies on the Ethereum network for USDT transfers. Ethereum is a decentralized blockchain platform that allows for the creation and execution of smart contracts. USDT, also known as Tether, is a stablecoin that is issued on multiple blockchains, including Ethereum. Coinbase utilizes the Ethereum network's infrastructure to facilitate the transfer of USDT tokens.
  • avatarMar 19, 2022 · 3 years ago
    When it comes to USDT transfers, Coinbase leverages the power of the Ethereum network. Ethereum is a popular blockchain platform that enables the execution of decentralized applications and the creation of smart contracts. By utilizing Ethereum's robust infrastructure, Coinbase ensures secure and efficient USDT transfers for its users.
  • avatarMar 19, 2022 · 3 years ago
    For USDT transfers, Coinbase relies on the Ethereum network. Ethereum is a widely adopted blockchain platform that offers a high level of security and scalability. By leveraging Ethereum's network, Coinbase ensures fast and reliable USDT transfers, providing a seamless experience for its users.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions