Tether tokens surpass USD25bn market cap
Submitted
27/01/2021 - 9:30am
Tether Operations Limited, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has today announced that tether tokens (USDt) have surpassed USD25 billion.
As the most stable, liquid and innovative stablecoin, USDt plays a pivotal role within the digital token ecosystem, with many digital token spot exchanges now denominating pairs in USDt rather than bitcoin (BTC). USDt is also increasingly being used in remittances and innovative projects in the digital token ecosystem, including those in the nascent space of decentralised finance (DeFi).
“Those working at the coal face of the digital token space, be they traders or developers, like using Tether,” says Paolo Ardoino, CTO at Tether. “This latest milestone reflects the trust and growing popularity of tether. As the space becomes the focus of institutional investors, tether is providing the foundations on which the d
Tether Tokens (USDt) Surpasses US$25 Billion Market Cap Date
26/01/2021
Tether Operations Limited, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has today announced that Tether tokens (USDt) have surpassed US$25 billion.
As the most stable, liquid and innovative stablecoin, USDt is pre-eminent. USDt performs a pivotal role within the digital token ecosystem, with many digital token spot exchanges now denominating pairs in USDt rather than bitcoin (BTC). USDt is also increasingly being used in remittances and innovative projects in the digital token ecosystem, including those in the nascent space of decentralised finance (DeFi).
“Those working at the coal face of the digital token space, be they traders or developers, like using Tether,” said Paolo Ardoino, CTO at Tether. “This latest milestone reflects the trust and growing popularity of Tether. As the space becomes the focus of institutional investors, Tether is provid
Tether tokens (USDt) first to go live on Hermez Network Layer 2 Solution
Submitted
11/01/2021 - 4:49pm
Hermez Network, a decentralised zero-knowledge rollup (zk-rollup), isa launch tether tokens (USDt) on the protocol’s Layer 2 network, a solution designed to improve scalability on Ethereum to ensure cheaper transactions.
Hermez will work with key projects ahead of its official launch to provide significantly cheaper payments and token transfers to millions of users around the world.
“Hermez is excited to welcome tether tokens (USDt) as the first of many projects to join the Layer 2 network ahead of our official launch this year. Hermez will bring scalability, speed and lower transaction fees to users while furthering our mission to create a self-sustaining and community minded network,” says Jordi Baylina, Technical Lead at Hermez.