Tether Adds Support for Polkadot’s Blockchain

Reading Time: < 1 minute

USDT issuer Tether Operations Limited has announced it has added support for the Polkadot blockchain, which has become the 14th network in which the stablecoin operates.

According to the statement:

“The addition of Tether to the Polkadot ecosystem is another major milestone. This will mitigate the potential adverse effects associated with market volatility.”

The USDT also runs on Algorand, Avalanche, Simple Ledger Protocol, Ethereum, EOS, Kusama, Liquid Network, Polygon, Tezos, Tron, Solana and Statemine.

The company has announced earlier this month the launch of USDT on the NEAR network.

Polkadot developers have previously introduced the XCM cross-chain solution, which provides communication between various parallel blockchains in the ecosystem.

Follow and like us on
Thehodlernews.com
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.