Cryptocurrency Q&A
What is USDT on Coinbase?
What is USDT on Coinbase?
ZenMindfulness
Mon Mar 24 2025
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USDT on Coinbase refers to Tether, a stablecoin pegged to the US dollar. It is used as a value storage and transaction medium in crypto trading, providing stability in the volatile crypto market.
5 answers
Rosalia
Wed Mar 26 2025
It is designed to have a stable value, equivalent to one U.S. dollar. This makes it a popular choice for traders seeking a relatively stable cryptocurrency.
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Daniela
Wed Mar 26 2025
Tether (USDT) is a digital asset that operates on the Ethereum blockchain.
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Michele
Tue Mar 25 2025
Tether's issuer asserts that each USDT token is backed by traditional financial assets, including bank reserves and loans.
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KimonoElegance
Tue Mar 25 2025
This backing is intended to ensure that the value of USDT remains stable and is not subject to the same volatility as other cryptocurrencies.
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CryptoChieftain
Tue Mar 25 2025
BTCC, a leading cryptocurrency exchange, offers a range of services related to Tether and other digital assets. These include spot trading, futures trading, and a wallet for storing cryptocurrencies securely.
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