In short. We learned this morning in an official press release published on June 21. Tether, issuer of USDT announces the release of its famous stablecoin on the Kava blockchain “gateway to the Cosmos ecosystem”. The company that recently invested $1 billion in the bitcoin mining green thus continues its conquest of the ecosystem.
Tether (USDT) the stablecoin that collected blockchains
THE CTO of Tether Paolo Ardoino welcomed the news, saying:
“The Kava network is a unique and widely followed blockchain with a solid track record of four years without any security issues, which is essential to protect USD₮ users. Together, we aim to reshape the future of decentralized finance, fostering a strong and inclusive ecosystem that benefits users around the world. »
Ethereum, Solana, Avalanche, Algorand, Polygon, Near Protocol… Tether therefore continues to conquer the world with its stablecoin pegged to the dollar, resilient in the face of the blows that the crypto sector and its media sometimes try to inflict on it. Paolo Ardoino’s company was recently accused by some media of having owned Chinese financial securities.
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