Tether Brings USDT and XAUT Stablecoins to TON Network
Tether CEO further explained that expanding USDT and XAUT on The Open Network will help in the improvement of decentralized applications across different sectors.
Bitfinex entered into partnership with a token backed fiat currency system, dubbed Tether.
Tether CEO further explained that expanding USDT and XAUT on The Open Network will help in the improvement of decentralized applications across different sectors.
Tether has announced a new divisions that focus on several spheres, including education, Bitcoin mining, and artificial intelligence.
One of the primary factors contributing to USDe’s rapid rise is its unique feature of generating yield for holders, a characteristic lacking in prominent stablecoins such as USDT and USDC.
In the absence of a cohesive regulatory framework, these notable coins have taken divergent paths to navigate the stablecoins landscape.
HashKey also disclosed that it will offer more services such as staking of digital assets to earn passive income.
RBF governor Ariff Ali said the warning regarding the use, trading, and investing in cryptocurrencies emanated from the growing trend of digital asset investment schemes being promoted within Fiji.
In a much-anticipated revelation expected at the forthcoming TOKEN2049 event that will take place in Dubai, Durov together with Tether’s Paolo Ardoino are poised to unveil the integration of USDT into the TON Blockchain.
Considering Ripple’s position and reputation in the crypto ecosystem, the new stablecoin is likely to be a tough rival for USDT and USDC.
Tether has constructed mining facilities and renewable energy stations in Uruguay, Paraguay, and El Salvador.
With just 100 employees, Tether’s income per employee is 380 times higher than that of JPMorgan.