What type of chain does usdt belong to?

USDT is a multi-chain stablecoin that supports the following major blockchain networks: 1. Ethereum (ERC-20); 2. Tron (TRC-20); 3. Binance Smart Chain (BSC); 4 . Omni; 5. Others (including EOS, Avalanche, Polygon, etc.). These multi-chain support increases the flexibility of USDT, allowing it to be transferred and used across different platforms, enhancing its accessibility and utility.

What chain type does USDT belong to?

USDT is a multi-chain stable currency that supports the following major blockchain networks:

USDT is a stable currency pegged to the US dollar and is issued by Tether. In order to adapt to different blockchain platforms, Tether has released multiple versions of USDT, each version suitable for a specific blockchain.

Major blockchain networks supported by USDT include:

• Ethereum (ERC-20): This is the most common version of USDT, on Ethereum Run on the blockchain. It is also the stablecoin with the highest market capitalization and has extensive exchange and wallet support.
• Tron (TRC-20): TRC-20 USDT runs on the Tron blockchain, known for its fast transaction speeds and low fees.
• Binance Smart Chain (BSC): BEP-20 USDT runs on Binance Smart Chain, which provides similar functionality to ERC-20 USDT but with lower transaction fees .
• Omni: Omni USDT runs on the Bitcoin blockchain and provides a BTC-compatible version of USDT.
• Others: USDT also supports some other blockchains, including EOS, Avalanche, Polygon, etc.

By supporting multiple blockchains, USDT provides users with the flexibility to transfer and use between different platforms. This increases USDT’s accessibility and utility, becoming a widely adopted stablecoin in the cryptocurrency market.

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