@adamcro AFAIK, depending on which payment processor you picked, they probably didn't support many USDT chains thus they only support the bigger network one like ERC20 or BEP20. Regarding the sender, I believe the payment processor itself will show in the payment page/popup/link which chain they accept. The problem is, just like many exchanges there may be some users that still incorrectly send funds on the wrong chain, no matter how they handle the recoverability of the fund, it's better if you state it on your ToS.
A few things that I also know but not specifically about Tether, some payment processors will be able to automatically settle the payment into a cryptocurrency that you choose, of course, there will be some fee, but if the option is preferable for you, it will be good since you didn't have to withdraw the payment into a lot of chain/cryptocurrencies.
Topic: Is Tether Ethereum? (Read 208 times)
I have a payment processor
I was thinking about accepting Tether as a payment currency. But that would make it more complicated for me since in that case I would need to have wallets on all different blockchains. Also sender needs to know to which wallet to send the coins
I'm right about this?If I might ask, do you already have a payment processor or do you want to receive the payment manually?
I've been researching Ethereum and Tether. Tether is token on Ethereum blockchain. But I cannot find any transaction with Tether on Ethereum explorer.
Can someone please clear things up for me?
First of all Tether isn’t only with Ethereum blockchain, in there are several network if you can make transaction as like BEP-20,TRON both of very cheaper in comparing transfer fees with Ethereum network. You can scan your tokens on etherscan if you will make transact Tether on Eth blockchain. Can someone please clear things up for me?
I was thinking about accepting Tether as a payment currency. But that would make it more complicated for me since in that case I would need to have wallets on all different blockchains. Also sender needs to know to which wallet to send the coins
I'm right about this?no, you do not have to accept USDT on all blockchains, you will accept it on some, and some will not be supported
for example, USDT on Tron is a good example of efficient crypto, that do not take much for transaction, but it could cost some for Ethereum, and you do not have to accept that (although you probably will accept on Ethereum, it is a standard)
I was thinking about accepting Tether as a payment currency. But that would make it more complicated for me since in that case I would need to have wallets on all different blockchains. Also sender needs to know to which wallet to send the coins
I'm right about this? 
I've been researching Ethereum and Tether. Tether is token on Ethereum blockchain. But I cannot find any transaction with Tether on Ethereum explorer.
Can someone please clear things up for me?
Tether uses various blockchains, but most of the tokens in the Ethereum ecosystem. The TRON ecosystem is becoming popular because there are very cheap transactions.Can someone please clear things up for me?
https://tether.to/ru/transparency
Be sure to read this information
Stablecoins and Blacklists
https://bitcointalksearch.org/topic/stablecoins-and-blacklists-5247581
I've been researching Ethereum and Tether. Tether is token on Ethereum blockchain. But I cannot find any transaction with Tether on Ethereum explorer.
Can someone please clear things up for me?
.Can someone please clear things up for me?
Tether is a token from ERC-20, now the number of holders is more than 4 million and is the token with the largest daily transaction volume or more than 2x the transaction volume of bitcoin, after its success and getting wide recognition now many devs. which develops stable coins like from BUSD, Polygon, Tron and so on.
So if person A has USDT on Ethereum and person B on Tron, basically those are 2 different tokens a d person A cannot send Tether to person B?
Yep, correct. Since both blockchains are isolated on its own network, inter-transaction of USDT are not possible. Another scenario is A send USDT on BEP20 chain to B, but B is expecting to receive it on the ERC20 chain. Due to the nature of the underlying technicalities, the transaction will be accepted but the transaction is only happened on the BEP20 chain, not on ERC20, thus B did not receive the token.
Different chains, different roads or lines.
For example: AT&T can only call AT&T subscirbers. Verizon does the same. So both companies cannot just jump on the lines thus, they will need a bridge for their subscribers to call with each other. I think what he is looking for is the bridge.
An exchange could help at this kind of situations since I don't have a clue if they ever made a bridge that would connect two chains yet.
First thing first, tether and ethereum are two completely different things... Tether is a token built on the ethereum blockchain and other blockchains like tron and many others, while ethereum is a blockchain and token if you like. So in simpler terms, terther is a token while ethereum is the coin itself.
Btw since you where trying to find tether on the blockchain, use a terther based explorer as others will just give a transaction id for such a transaction.
Btw since you where trying to find tether on the blockchain, use a terther based explorer as others will just give a transaction id for such a transaction.
Thank you all. It's much more clear now. I was thinking about accepting Tether as a payment currency. But that would make it more complicated for ke since in that case I would need to have wallets on all different blockchains. Also sender needs to know to which wallet to send the coins
I've been researching Ethereum and Tether. Tether is token on Ethereum blockchain. But I cannot find any transaction with Tether on Ethereum explorer.
Can someone please clear things up for me?
Can someone please clear things up for me?
I think you are missing some points here, the best way to find USDT transactions in the Ethereum network is via the USDT Tether smart contract on Etherscan, CMC, etc Let us notice that USDT is not only used Ethereum Blockchain because it was used in many different blockchains as well, and Ethereum is only one of them, aside from Ethereum it was also used in OMNI, TRON, BSC, and many others.
I've been researching Ethereum and Tether. Tether is token on Ethereum blockchain. But I cannot find any transaction with Tether on Ethereum explorer.
Can someone please clear things up for me?
You can't research that because its not, Tether is different from Ethereum though Tether uses the network of ETH just because they are good during that time but as you can see, Tether already adopt other networks just to be more effective since many wants a faster and cheaper network. Tether is doing its own name in this market, they are pretty stable and prefer by many to pair Bitcoin and other altcoins. Can someone please clear things up for me?
yes it's true that tether is running in smart contract platform like ETH and many others, if you want seeing the tether transactions I think you could check it up in their smart contract address and see the list of transactions being made there,
according to my knowledge tether is always trying expanding their product in various smart contract platform, I think we also gonna be seeing tether being released in more and more smart contract platform that’s soon gonna be just as famous as ethereum and there are quite many of them that currently have quite the growth. There are some kinds of tether that built in the various blockchain and this can't be sent from one to the each other
according to my knowledge tether is always trying expanding their product in various smart contract platform, I think we also gonna be seeing tether being released in more and more smart contract platform that’s soon gonna be just as famous as ethereum and there are quite many of them that currently have quite the growth. There are some kinds of tether that built in the various blockchain and this can't be sent from one to the each other
So if person A has USDT on Ethereum and person B on Tron, basically those are 2 different tokens a d person A cannot send Tether to person B?
Yep, correct. Since both blockchains are isolated on its own network, inter-transaction of USDT are not possible. Another scenario is A send USDT on BEP20 chain to B, but B is expecting to receive it on the ERC20 chain. Due to the nature of the underlying technicalities, the transaction will be accepted but the transaction is only happened on the BEP20 chain, not on ERC20, thus B did not receive the token.
Ufff wow, didn't expect it would be so complicated
Later on, the OP will realized that it is not very complicated because USDT is a stablecoin which is present in a lot of blockchains now. And if you want to transact with USDT, make sure you are in the right network. Otherwise, your funds are considered lost.
If you will read this article - https://www.coindesk.com/markets/2020/03/20/tether-stablecoin-launches-on-its-seventh-blockchain/, this article is almost 2 years old already. And at that time, USDT was already present in about 7 chains already - Algorand, EOS, Ethereum, Liquid Network, Omni, Tron and BCH. And I guess, today, there is SOL, MATIC in addition to that and other new networks. If you happen to check the exchanges, it will show you what network you want to use.
Just to give examples on what chains are crypto-exchanges are accepting for USDT.
Binance - https://www.binance.com/en/my/wallet/account/main/deposit/crypto/USDT
MEXC - https://www.mexc.com/assets/deposit?currency=USDT
I've been researching Ethereum and Tether. Tether is token on Ethereum blockchain. But I cannot find any transaction with Tether on Ethereum explorer.
Can someone please clear things up for me?
Can someone please clear things up for me?
Tether can be used on different chain network like tronlink, binance chain, polygon or other platform as long as it will be available. Same with usdt token everything can went out successful if they've listed this asset. You can check at binance chain explorer there's a lot of history.
So if person A has USDT on Ethereum and person B on Tron, basically those are 2 different tokens a d person A cannot send Tether to person B?
Yep, correct. Since both blockchains are isolated on its own network, inter-transaction of USDT are not possible. Another scenario is A send USDT on BEP20 chain to B, but B is expecting to receive it on the ERC20 chain. Due to the nature of the underlying technicalities, the transaction will be accepted but the transaction is only happened on the BEP20 chain, not on ERC20, thus B did not receive the token.
Ufff wow, didn't expect it would be so complicated
So if person A has USDT on Ethereum and person B on Tron, basically those are 2 different tokens a d person A cannot send Tether to person B?
Ethereum and TRON are different blockchain.
Tron used the different sha than Ethereum. That's why you need to send your ethereum USDT to the exchange site that support USDT TRON and then you can convert your USDT ethereum to the USDT tron easily. This is the best way to send person B USDT tron. This is not so complicated but what you need to register on the exchange site like binance to be able to do that.
Exchange site is supporting all of USDT assets like ethereum, TRON or even BSC.
So if person A has USDT on Ethereum and person B on Tron, basically those are 2 different tokens a d person A cannot send Tether to person B?
Yep, correct. Since both blockchains are isolated on its own network, inter-transaction of USDT are not possible. Another scenario is A send USDT on BEP20 chain to B, but B is expecting to receive it on the ERC20 chain. Due to the nature of the underlying technicalities, the transaction will be accepted but the transaction is only happened on the BEP20 chain, not on ERC20, thus B did not receive the token.
Ufff wow, didn't expect it would be so complicated
So if person A has USDT on Ethereum and person B on Tron, basically those are 2 different tokens a d person A cannot send Tether to person B?
Yep, correct. Since both blockchains are isolated on its own network, inter-transaction of USDT are not possible. Another scenario is A send USDT on BEP20 chain to B, but B is expecting to receive it on the ERC20 chain. Due to the nature of the underlying technicalities, the transaction will be accepted but the transaction is only happened on the BEP20 chain, not on ERC20, thus B did not receive the token.
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