Tether (USDT), the largest stablecoin in the cryptocurrency market, is now also available through Polygon, formerly known as Matic Network.
USDT users were able to use it on Ethereum, Solana, Avalanche, Algorand, Tron, Omni, EOS, Liquid Network, Kusama and Standard Ledger Protocol networks. Among these, Polygon has now been added.
According to the statement made by Tether, this development is an important part of the Polygon ecosystem. can contribute to the development. Currently using the Polygon network More than 19 thousand decentralized applications exists.
Users of these applications will be able to use USDT while transferring money in the Polygon ecosystem and benefiting from some products and services in this ecosystem.
Although USDT can be used on many different blockchains, especially On Ethereum and Tron networks used extensively.
Tether has recently made a move towards the Latin American market, developing a stablecoin based on the Mexican peso. The company also sells USDT move to more blockchains is planning.