the market’s largest stablecoin Tether (USDT) expanding the blockchain network.
Tether today officially announced that USDT pegged to the US dollar is a layer-1 blockchain designed for scalability and speed. Kavaannounced that it will be released in
Kava’s native token after Tether’s Kava announcement KAVA It had an increase of 5%.
After KAVA, which went up to $ 0.937, it regressed to $ 0.898.
Tether CTO Paolo Ardoino In his statement he made the following statements:
“At Kava, we are excited to launch USDt, which offers strong community access to the world’s first, most stable, reliable and widely used stablecoin.
The Kava network is a unique and widely followed blockchain with a solid four-year track record with zero security issues necessary to protect USDT users.
Together, we aim to reshape the future of decentralized finance by fostering a robust and inclusive ecosystem that benefits users around the world.”
USDT currently out of Kava Ethereum (ETH), Tron (TX), Avalanche (AVAX), Algorand (ALGO), Polygon (MATIC) and Near Protocol (NEAR) and Solana (SOL) is supported.
*Not investment advice.
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