bitcoin
Bitcoin (BTC) $ 20,056.00
ethereum
Ethereum (ETH) $ 1,109.57
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 218.36
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.468336
xrp
XRP (XRP) $ 0.326479
solana
Solana (SOL) $ 34.46
dogecoin
Dogecoin (DOGE) $ 0.067168

Tether stablecoins now available on the Tezos blockchain ecosystem

Tether.to, the company operating the -enabled stablecoin platform, announced it will launch Tether tokens on Tezos, the upgradable proof-of-stake  (PoS) blockchain.


“We’re excited to launch USD₮ on Tezos, offering its growing and vibrant community access to the most liquid, stable, and trusted stablecoin in the digital token space. Tezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth.”
– Paolo Ardoino, CTO at Tether

Tezos is a unique network in the space, with nine upgrades, it is the only layer-1 blockchain network to successfully evolve and upgrade over time without relying on hard forks.

Upgrades have decreased gas costs and lowered carbon footprint, plus recently, upgrades even replaced Tezos’ consensus mechanism with Tenderbake, a modified BFT algorithm similar to Cosmos’ Tendermint. Continuing this track record, Tezos’ next update will add smart contracts and optimistic roll-ups.

Tezos has a growing DeFi ecosystem which includes yield farming protocol Youves, decentralized exchange and EVM bridge Plenty, and more. Upon successful integration, Tether will be the largest stablecoin by market capitalization available within the Tezos network.

As of this latest integration, USD₮ works across a variety of different blockchains, including now Tezos, plus Algorand, Avalanche, Cash’s Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, Tron, Solana, and Statemine.

Source:
Tezos

Share:

Leave a Reply

Your email address will not be published.

Recent Highlights

USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 20,056.00
ethereumEthereum (ETH)
$ 1,109.57
tetherTether (USDT)
$ 1.00
xrpXRP (XRP)
$ 0.326479
litecoinLitecoin (LTC)
$ 52.87
dogecoinDogecoin (DOGE)
$ 0.067168
bitcoinBitcoin (BTC)
18.950,11
ethereumEthereum (ETH)
1.048,39
tetherTether (USDT)
0,945805
xrpXRP (XRP)
0,308477
litecoinLitecoin (LTC)
49,95
dogecoinDogecoin (DOGE)
0,063464
bitcoinBitcoin (BTC)
16,289.28
ethereumEthereum (ETH)
901.18
tetherTether (USDT)
0.813002
xrpXRP (XRP)
0.265163
litecoinLitecoin (LTC)
42.94
dogecoinDogecoin (DOGE)
0.054553

Recent Highlights