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Ronald Maguire

12 June 2022 201 Read Crypto , Altcoins , Blockchain

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USDT Launched on Tezos Network

Tether, the world's largest stablecoin developer, launched USDT on the Tezos blockchain. Thus, the number of networks supporting USDT increased to 12. The launch aims to enhance Tezos' DeFi ecosystem.

USDT and Tezos Network

Tezos' layer one network uses LPoS (liquid proof-of-stake). Major projects have been launched on the Tezos blockchain in many different industries such as gaming, fashion, music and art. The ecosystem's growing community will now have access to the most stable, liquid and reliable stablecoin. This integration will bring many benefits for Tezos' long-term growth. USDT was also launched on Polygon, the Layer-2 network, last month.

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