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Dec 19, 2023

Everything You Need to Know About Tether USDT Staking

Guides · 4 Minute Read · Written by Adam Campbell


TL;DR:

  • Staking Not Possible: USDT cannot be staked as it lacks a proof-of-stake blockchain.
  • Stablecoin Function: USDT is a stablecoin pegged to the US Dollar, commonly used for stability and cross-border transactions.
  • Earning Income: Instead of staking, earn passive income by lending USDT on exchanges or lending platforms.
  • Key Difference: Staking secures networks; lending provides loans without contributing to network security.
  • Reward Options: Choose between custodial lending on exchanges or non-custodial lending with control over private keys.
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