Answer: Yes, if you want to use USDT as collateral, you will need to first supply it. This means that you will need to transfer USDT from an external wallet to an exchange or platform that supports USDT as collateral. Once you have done this, you will be able to use your USDT as collateral for various activities, such as margin trading, lending, or staking. Depending on the exchange or platform you are using, you may need to complete a few additional steps in order to use your USDT as collateral.
