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What chain is USDT on?

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2024-04-23 17:11:41601browse

USDT is mainly used on the following blockchain networks: Ethereum Network (ERC-20) Tron Network (TRC-20) Binance Smart Chain (BEP-20) Omni LayerLiquid Network The choice of the specific chain depends on the user's speed, cost, security and compatibility needs.

What chain is USDT on?

Which chain is USDT on?

Tether USD (USDT) is a U.S. dollar-pegged stablecoin available on multiple blockchain networks. The most major chains include:

  • Ethereum Network (ERC-20): This is the widely used and supported chain.
  • Tron Network (TRC-20): This chain has become popular in recent years as it offers lower fees and faster transaction times.
  • Binance Smart Chain (BEP-20): This is a chain launched by Binance specifically for trading and decentralized applications.
  • Omni Layer (Omni): This is an additional layer to Bitcoin that allows USDT to be issued and traded on the Bitcoin network.
  • Liquid Network: This is a sidechain developed by Blockstream that focuses on the security, speed, and scalability of Bitcoin assets.

Which chain to choose mainly depends on the user’s needs for speed, cost, security and compatibility. Different exchanges and applications may support different chains, so it's important to check compatibility before trading.

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