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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mbidox on October 13, 2022, 08:12:49 PM



Title: Stablecoin USDT: Contradictions
Post by: Mbidox on October 13, 2022, 08:12:49 PM
Hello,

On this page:
https://learn.bybit.com/crypto/usdt-vs-usdc-vs-busd-differences/
... there is a table with the title "USDC vs. USDT vs. BUSD: Differences".

In the first line "Blockchain" of this table are mentioned all blockchains of USDT.

So when I understand this page right, USDT is on the following blockchains:
Ethereum, Solana, Tezos, Kusama, Algorand, Avalanche, Tron, Polygon, EOS, Liquid

But further in the text it is a saying:
Quote: "Having different blockchains results in a variety of advantages, such as the speed and utility of transactions. While USDT only runs on a single blockchain, USDC and BUSD have multiple blockchain options, allowing buyers to trade and transfer across them."

So this is a contradiction. First it is said, that USDT is on the blockchains Ethereum, Solana, Tezos, Kusama, Algorand, Avalanche, Tron, Polygon, EOS, Liquid.
But then it is said, that USDT is only on a single blockchain.

Very confusing.

Would appreciate if anybody can explain this.