Tether’s USDT Launches On Polygon
Tether has released its USDT stablecoin on Polygon (formerly Matic Network), expanding its reach in the crypto market. Just in case you don’t know, Polygon is the 11th blockchain
Tether has released its USDT stablecoin on Polygon (formerly Matic Network), expanding its reach in the crypto market. Just in case you don’t know, Polygon is the 11th blockchain
In the quest to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, the Terra founder Do Kwon explained that a potential solution to the Terra debacle is to absorb the stablecoin supply.
The fork was due to a new change in the protocol that adds a ‘proposer boost’ to address certain potential attacks, according to Terence Tsao an Ethereum Protocol Developer at Prismatic Labs.