Could you please clarify for me which blockchain network does USDT operate on? I've been hearing a lot about this stablecoin but I'm still not entirely sure about its technical details. Is it based on Ethereum? Or perhaps it's using a different platform? I'm really interested in understanding how this particular cryptocurrency functions and where it fits into the larger cryptocurrency ecosystem. Could you provide me with a brief overview of USDT's network and its significance in the crypto world?
6
answers
Isabella
Tue May 14 2024
USDT is a cryptocurrency issued by Tether.
CryptoWizardry
Tue May 14 2024
It is compatible with various networks.
Valentino
Tue May 14 2024
These networks include Ethereum/ERC20.
HanjiArtist
Tue May 14 2024
Tron/TRC20 is also a compatible network for USDT.
Elena
Tue May 14 2024
BTCC is a UK-based cryptocurrency exchange.