the market’s largest stablecoin Tether (USDT) expanding the blockchain network.
Tether today announced that it is a Layer 1 proof-of-stake blockchain that supports the usability and scalability of USDT. NEAR Protocol‘also (NEAR) has been released.
Tether is currently on 13 blockchains along with NEAR.
Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Algorand (ALGO), Polygon (MATIC), Tron (TRX), Omni, EOS, Liquid Network, Kusama, Tezos (XTZ) and Bitcoin Cash (BCH)It will be found in NEAR Protocol after .
Tether CTO Paolo Ardoino said in a statement that the inclusion of USDT in NEAR will help the ecosystem of the blockchain network.
“We are excited to launch USDT on NEAR, giving its community access to the first, most stable and reliable stablecoin in the digital token space.
The NEAR ecosystem has made historic progress this year and we believe it will be important in helping Tether continue to evolve.”
Tether also said that there are currently 700 projects built or ongoing in NEAR and users can now also use USDT on these projects.
While USDT is available on many blockchain networks, the networks with the highest usage Ethereum and Tron appears as.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!