I came across this string '0xdac17f958d2ee523a2206206994597c13d831ec7' and I'm wondering what it represents. Is it a specific code, address, or identifier? What does it correspond to?
7
answers
Claudio
Fri Mar 28 2025
Tether (USDT) is a unique cryptocurrency designed to have a stable value.
KimonoElegance
Fri Mar 28 2025
The value of USDT is meant to mirror the value of the U.S. dollar.
mia_rose_lawyer
Fri Mar 28 2025
The address 0xdac17f958d2ee523a2206206994597c13d831ec7 is associated with the
Ethereum Mainnet.
CryptoWanderer
Fri Mar 28 2025
This stability is achieved through a complex mechanism involving reserves and algorithmic adjustments.
CryptoNinja
Fri Mar 28 2025
This address has been verified, ensuring its authenticity and security.