Glossary

Stablecoins

USDT (USDt)

USDT, also written USDt, is the US dollar stablecoin issued by Tether and the largest stablecoin by circulating supply.

In practice

USDT exists on many blockchains at once. The token on one network is not interchangeable with the token on another without a bridge or an exchange, so the sender and the receiver have to agree on the network before any transfer. Sending to the right address on the wrong network is a common and costly mistake.

Stables is built around USDt. It supports USDt on Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, Solana and Tron, and a quote shows which networks a given route supports. Fiat collected through virtual accounts settles into USDt, and payouts to bank accounts are funded from it.

Where Stables moves USDt

Related terms

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