The blockchain is the underlying technology that powers the Tether cryptocurrency. Tether is a digital token that is pegged to the US dollar, making it a stablecoin. The blockchain is a distributed ledger that is used to record transactions and track balances. Tether is built on the Bitcoin blockchain and uses the Omni Layer protocol.
Other related questions:
Q: Which blockchain does Tether use?
A: Tether is a digital currency that is pegged to the US dollar, and it uses the Omni Layer protocol, which is built on top of the Bitcoin blockchain.
Q: Is Tether on the Ethereum network?
A: Yes, Tether is on the Ethereum network.
Q: What blockchain is Tether on Coinbase?
A: As of now, there is no official word from Coinbase on which blockchain Tether will be on.
Q: Is Tether on Binance chain?
A: No, Tether is not on Binance chain.
- Tether (USDT) – Coinbase Help
- Tether (cryptocurrency) – Wikipedia
- FAQs – Tether
- What Is Tether? How USDT Works and What Backs Its Value
- What is Tether (USDT) | History, Roadmap, Economics | Messari