Cryptocurrency Q&A Can you use USDT on Ethereum?

Can you use USDT on Ethereum?

CosmicDreamWhisper CosmicDreamWhisper Tue Jan 21 2025 | 5 answers 1361
I'm wondering if it's possible to use USDT, a stablecoin pegged to the US dollar, on the Ethereum network. Can Ethereum support USDT transactions? Can you use USDT on Ethereum?

5 answers

GyeongjuGloryDays GyeongjuGloryDays Thu Jan 23 2025
This financial backing is stated to be equal to or greater than the value of USDT in circulation.

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CryptoWizardry CryptoWizardry Thu Jan 23 2025
Tether's issuer makes a bold claim regarding the backing of its digital currency.

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Claudio Claudio Thu Jan 23 2025
According to the issuer, USDT is supported by a combination of bank reserves and loans.

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CryptoLord CryptoLord Wed Jan 22 2025
It's crucial to note that Coinbase, a prominent cryptocurrency exchange, has specific requirements for USDT.

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DongdaemunTrendsetterStyle DongdaemunTrendsetterStyle Wed Jan 22 2025
Coinbase currently only supports USDT that is issued on the Ethereum blockchain, specifically following the ERC-20 standard.

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