this post was submitted on 12 Nov 2024
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does it really matter if I send USDT on ethereum L1 or tron? can't I just get written approval from my counterparty to use any other network for USDT? they can all be verified by an arbitrator if the need arises. it shouldn't matter.
Best to stick with either the ERC-20 or Tron. That way, if there's any kind of dispute, there's no question as to how things work.
that is the big dumb. there are a lot of better options for networks when interacting with USDT like ethereum rollups, polygon, solana, even the liquid sidechain is nice and cheap to send USDT. it is very easy to get any kind of money on these networks and change it to USDT. a lot of liquidity can be accessed this way. but if I'm stuck with just ethereum mainnet and tron, it's more expensive for me to get USDT and send it over.
I mean feel free to do whatever you want as long as you're trading partner agrees with it but know that you may not be able to get support if something goes wrong. There's at least a chance that your trading partner would just refuse for that exact same reason.