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Which network does Tether use for transactions on Coinbase?

avatarIssam MaherDec 25, 2021 · 3 years ago3 answers

Can you tell me which network Tether uses for transactions on Coinbase? I'm curious about the underlying technology that supports Tether's transactions on this popular cryptocurrency exchange.

Which network does Tether use for transactions on Coinbase?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Tether, a popular stablecoin, primarily operates on the Ethereum network for its transactions on Coinbase. This means that Tether transactions on Coinbase are executed using Ethereum's blockchain technology. Ethereum's smart contract capabilities and widespread adoption make it a suitable choice for Tether's transactions on Coinbase.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to transactions on Coinbase, Tether relies on the Ethereum network. Ethereum's blockchain technology provides the necessary infrastructure for Tether's transactions to be securely recorded and verified. This ensures the integrity and transparency of Tether transactions on Coinbase.
  • avatarDec 25, 2021 · 3 years ago
    Tether transactions on Coinbase are facilitated through the Ethereum network. Ethereum's robust blockchain technology enables fast and secure transactions, making it an ideal choice for Tether's operations on Coinbase. By leveraging Ethereum's network, Tether ensures the efficient transfer of value on Coinbase.