Tether (USDT), the world’s highest market cap stablecoin, has been launched on the network of Polkadot (DOT), a decentralized platform.
Tether September 23 In a statement published on its official website on , a multi-chain decentralized web3 platform in Polkadot native stablecoin USDT has been released announced.
The statement noted that USDT’s addition to the Polkadot network is “another highlight” of its leadership in decentralized networks. Also regarding the launch of Polkadot USDT on the network, “A move that will protect users from harm caused by market volatility and make it easier to enter and exit the network” used the phrases.
Tether CTO Paolo Ardoino In his statements on the subject:
We are delighted to launch USDT, the most liquid, stable and reliable stablecoin in the digital token space, on Polkadot. We believe we will help Polkadot evolve on its growth and evolution trajectory this year with the addition of USDT.
USDT, outside Polkadot Avalanche, Kusama, Ethereum and Solana also including on 11 different networks is available.