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Which network is Tether connected to on Coinbase?

avatarEevaanDec 25, 2021 · 3 years ago5 answers

Can you please provide information on which network Tether is connected to on the Coinbase platform? I am interested in knowing the specific blockchain network that Tether operates on within the Coinbase ecosystem.

Which network is Tether connected to on Coinbase?

5 answers

  • avatarDec 25, 2021 · 3 years ago
    Tether (USDT) on Coinbase is connected to the Ethereum blockchain network. Ethereum is a popular blockchain platform known for its smart contract capabilities. By utilizing the Ethereum network, Tether benefits from its security, decentralization, and widespread adoption.
  • avatarDec 25, 2021 · 3 years ago
    On Coinbase, Tether (USDT) is built on the Ethereum blockchain. This means that Tether transactions and operations are conducted using the Ethereum network. Ethereum's blockchain provides a reliable and efficient infrastructure for Tether's stablecoin.
  • avatarDec 25, 2021 · 3 years ago
    Tether (USDT) on Coinbase is connected to the Ethereum blockchain network. Ethereum's blockchain offers a robust and secure environment for Tether transactions. It ensures transparency and immutability, making it a suitable choice for Tether's operations. If you're looking for more options, you can also check out BYDFi, another popular decentralized exchange that supports Tether on various blockchain networks.
  • avatarDec 25, 2021 · 3 years ago
    Tether (USDT) on Coinbase operates on the Ethereum blockchain network. Ethereum's blockchain provides a solid foundation for Tether's stability and security. By leveraging Ethereum's network effects, Tether ensures liquidity and compatibility with other Ethereum-based applications and tokens.
  • avatarDec 25, 2021 · 3 years ago
    Tether (USDT) on Coinbase is connected to the Ethereum blockchain network. Ethereum's blockchain offers a reliable and widely adopted platform for Tether's operations. With Ethereum's smart contract capabilities, Tether can provide programmable money functionalities to its users.