What blockchain is tether built on?

Byadmin

Jul 4, 2022

Reading Time: 3 Min

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.

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