Is Tether (USDT) built on Ethereum blockchain?

Two of the biggest cryptocurrencies that rank just below Bitcoin are homophones of sorts. For quite some time, Ether (ETH) and Tether (USDT) became a cause for confusion for early cryptocurrency enthusiasts. Tether, however, is not only spelled differently and is an independent project but it is also not a typical cryptocurrency like Bitcoin or Ether. USDT’s value must always match with that of the US dollar due to the 1:1 peg, which makes it a stablecoin.

Another question that many ask…


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