Does Coinbase use USDT as its stablecoin?

7 answers

• Dec 16, 2021 · 3 years ago
  Yes, Coinbase does use USDT as its stablecoin. USDT, also known as Tether, is a popular stablecoin that is pegged to the US dollar. Coinbase has integrated USDT into its platform to provide users with a stable and reliable digital asset.
  237119
• Dec 16, 2021 · 3 years ago
  No, Coinbase does not use USDT as its stablecoin. Coinbase has its own stablecoin called USD Coin (USDC), which is backed by a reserve of US dollars. USDC offers users a transparent and audited stablecoin option on the Coinbase platform.
  23779
• Dec 16, 2021 · 3 years ago
  While Coinbase does not directly use USDT as its stablecoin, users can still trade USDT on the platform. Coinbase supports a wide range of cryptocurrencies, including USDT, allowing users to buy, sell, and trade USDT with ease. However, it's important to note that USDT is not Coinbase's native stablecoin.
  30677
• Dec 16, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that Coinbase does not use USDT as its stablecoin. Coinbase has chosen to focus on its own stablecoin, USD Coin (USDC), which has gained significant traction in the market. USDC offers users a stable and transparent digital asset option on the Coinbase platform.
  32165
• Dec 16, 2021 · 3 years ago
  Coinbase does not use USDT as its stablecoin, but it does support USDT trading pairs. This means that users can trade USDT against other cryptocurrencies on the Coinbase platform. Coinbase offers a wide range of trading options to cater to the diverse needs of its users.
  27146
• Dec 16, 2021 · 3 years ago
  While Coinbase does not use USDT as its stablecoin, it does support a variety of stablecoins on its platform. Users can choose from stablecoins like USDC, DAI, and GUSD, which are all pegged to the value of the US dollar. This allows users to have more options when it comes to stablecoin trading on Coinbase.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, does use USDT as its stablecoin. USDT has become a popular choice among traders due to its stability and liquidity. BYDFi has integrated USDT into its platform to provide users with a seamless trading experience. However, it's important to note that this information is specific to BYDFi and not Coinbase.
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