What is the network protocol used by USDT?
AFallowFellowJun 20, 2024 · a year ago3 answers
Can you please explain the network protocol used by USDT in detail?
3 answers
- Lotanna NnoshiriJun 22, 2022 · 3 years agoUSDT, or Tether, uses the Omni Layer protocol as its network protocol. The Omni Layer protocol is built on top of the Bitcoin blockchain and allows for the creation and transfer of digital assets, including USDT. It provides a secure and transparent way to issue and manage tokens on the blockchain.
- Perry VindJun 26, 2022 · 3 years agoThe network protocol used by USDT is called Omni Layer. It is a protocol that operates on top of the Bitcoin blockchain and enables the creation and transfer of tokens, including USDT. This protocol ensures the security and integrity of transactions and provides a decentralized platform for issuing and managing digital assets.
- JAYASHRI MATHEWDec 03, 2024 · 9 months agoUSDT utilizes the Omni Layer protocol as its network protocol. This protocol is specifically designed for creating and managing tokens on the Bitcoin blockchain. It offers a secure and efficient way to transfer USDT and other digital assets, ensuring transparency and immutability of transactions.
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