Friday, February 3

Tag: Tether News

Tether To Release A Stablecoin Pegged To The British Pound In Early July.
Cryptocurrency

Tether To Release A Stablecoin Pegged To The British Pound In Early July.

A couple of weeks ago, Tether was launched on tezos blockchain with the hope to affect the long-term growth of tezos. The news excited the whole community as revealed by the tether CTO,  Paolo Ardoino; “Tezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth.” Tether to launch a stablecoin pegged to the British pound. In early July, Tether will release a stablecoin pegged to the British pound. Dubbed GBPT, the stablecoin is part of a push by Tether into new stablecoins and will be available initially on the Ethereum blockchain. Read Also: Large Transactions Spiked 888% In The Last 24 Hours As Whales\Holders Interact With Billion Of Shiba Inu About the coming Stablecoin The incoming pound stablecoin is Tether’s fi...
Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos’ Long Term Growth.
Cryptocurrency

Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos’ Long Term Growth.

The whole community of Tether is excited to introduce the USD₮ on Tezos as stated by the Chief Technology Officer at Tether blockchain, Paolo Ardoino; “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,”  Paolo also said; “Tezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth.” Tether (USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and backed "100% by Tether's reserves," according to its website. The Tether operation limited, Tether, a firm operating the blockchain-allowed platform tether. that control the biggest stablecoin by market capitalization has launched the Te...
Tether’s USDT Launches On Polygon
Blockchain

Tether’s USDT Launches On Polygon

Tether is making headlines following the latest reports. Check them out below. Tether launches stablecoin 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 USDT will be available on, after Ethereum, Solana, Avalanche, Algorand, Tron, Omni, EOS, Liquid Network, Kusama, and Bitcoin Cash’s Standard Ledger Protocol. Read Also: Over 96.95 Billion Shiba Inu (SHIB) Burnt within the Past 24 Hours and 2.41 Billion in the Past 7 Days. Tether also recently said that USDT’s launch on Polygon will help the blockchain network’s ecosystem. There are currently more than 19,000 decentralized applications running on Polygon. Their users can now utilize U...
Tether Releases A New Stablecoin Pegged To The Mexican Peso
Cryptocurrency

Tether Releases A New Stablecoin Pegged To The Mexican Peso

Tether has released a new Mexican peso-pegged stablecoin, marking its entrance into Latin America. Dubbed MXNT, the stablecoin will previously be available on the Ethereum, Tron, and Polygon Blockchain, Tether stated today. This is Tether's fourth fiat-pegged stablecoin, after US dollar-pegged USDT, Euro-pegged EURT, and the offshore Chinese Yuan-pegged CNHT. Read Also: XRP Whales Massively Accumulating, Supply Held Reaches Two-Month High "We have seen a rise in cryptocurrency usage in Latin America over the last year that has made it apparent that we need to expand our offerings," Paolo Ardoino, CTO of Tether, said in a statement. "Introducing a Peso-pegged stablecoin will provide a store of value for those in the emerging markets and particularly Mexico." Testing ground for Lat...