What are the chain types of Tether?

The chain types of Tether (USDT) include OmniLayer, ERC-20, TRC-20, ALGO and SPL, which are used on the Bitcoin, Ethereum, Tron, Algorand and Solana blockchains respectively.

Chain Type of Tether

Tether (USDT) has used a variety of blocks throughout its history Chain types, listed below:

1. Omni Layer

• Tether was originally built on the Bitcoin blockchain using a layer called Omni Layer Additional layer.
• It was not originally an independent token, but a Bitcoin asset anchored to the value of the U.S. dollar.

2. Ethereum

• In 2018, Tether launched a version of its ERC-20 token that runs on the Ethereum blockchain.
• ERC-20 tokens are a standard token type built on the Ethereum blockchain.

3. Tron

• In 2019, Tether issued a version of the TRC-20 token on the Tron blockchain.
• TRC-20 tokens are a standard token type built on the Tron blockchain.

4. Algorand

• In 2021, Tether launched a version on the Algorand blockchain based on ALGO.
• ALGO is a native token built on the Algorand blockchain.

5. Solana

• In 2021, Tether also launched a version of the SPL token that runs on the Solana blockchain.
• SPL tokens are the standard token type built on the Solana blockchain.

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