Tether launches tokens on Avalanche

Tether launches tokens on Avalanche
фото показано с : invezz.com

2021-11-10 18:00

Tether (USDT/USD) Operations Limited, the company behind the biggest stablecoin by market cap, which also runs the blockchain-enabled platform tether.to, announced the launch of Tether tokens on Avalanche (AVAX/USD), a decentralised smart contracts platform developed to support global finance and business, Invezz learned from a press release.

Highly scalable ecosystem

Avalanche is a highly scalable ecosystem with low transaction fees, which delivers near-instant transaction finality. Ethereum (ETH/USD) developers can create reliable dApps on it because it is compatible with Ethereum smart contracts.

Tether’s launch on Avalanche will drive stablecoin usage across the DeFi ecosystem and support the long-term growth and sustainability of the Avalanche network at the same time. Paolo Ardoino, CTO at Tether, commented the launch:

We’re excited to launch USDt on Avalanche, offering its growing and vibrant community access to the most liquid, stable, and trusted stablecoin in the digital token space. For those who believe in the development of Layer-1 blockchain platforms, Avalanche represents an evolved project that boasts Ethereum Virtual Machine compatibility and could be an essential driver for developers looking to port decentralized applications over from Ethereum.

Emin Gün Sirer, Director of the Avalanche Foundation, added:

USDt on Avalanche is an essential building block for DeFi users. Tether has become a well-accepted, time-tested stablecoin with extensive support throughout exchanges. It will be even more powerful with Avalanche as its foundation.

AVAX has hit a new ATH in user activity

The rapidly growing ecosystem has hit new all-time highs in user activity, including unique addresses (now over 670,000), transaction volume, and assets transferred over the Avalanche Bridge ($5.9 billion) from Ethereum to Avalanche. According to data from DeFi Llama, its TVL has grown from $300 million in August 2021 to over $10 billion now.

USDt market cap is over $73B

Tether is the mother of all stablecoins with an impressive market cap exceeding $73 billion. It has added $47 billion to this number this year, a gain that’s bigger than all rival stablecoins’ combined market cap.

Tether works across Solana (SOL/USD), Tron (TRX/USD), Omni, EOS (EOS/USD), Algorand (ALGO/USD), and many other blockchains. It was created to empower and support innovation and ventures in the blockchain space.

The post Tether launches tokens on Avalanche appeared first on Invezz.

origin »

Tether (USDT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.9994
Капитализация $0 Rank 99999
Цена в час новости $ 1.0001 (-100%)

tether platform usd avalanche tokens contracts developed

Источник: invezz.com

tether platform → Результатов: 126


Tether вновь открывает возможность прямой конвертации USDT в фиат

Компания Tether сообщила о запуске модернизированной платформы, с помощью которой владельцы USDT смогут напрямую выводить стейблкоины в фиат. Компания Tether объявила о запуске новой платформы в Twitter: We have a big announcement! Today we are proud to launch a redesigned platform for the verification of new customers and direct redemption of Tether to fiat via Запись Tether вновь открывает возможность прямой конвертации USDT в фиат впервые появилась Криптовалюта.Tech.

2018-11-28 20:06


Tether возобновила верификацию аккаунтов и возможность прямого вывода USDT в фиат

Компания Tether, эмитент самого популярного стейблкоина USDT, открыла верификацию для новых пользователей. We have a big announcement! Today we are proud to launch a redesigned platform for the verification of new customers and direct redemption of Tether to fiat via https://t.

2018-11-27 19:56


Cryptocurrency Researchers Diar Expand Data Platform to Cover ETH and Stablecoins

One of the cryptocurrency industry’s leading research groups, Diar, has announced that it will be expanding its coverage of the digital asset space going forward. Amongst the additional areas focused upon in future editions will be the Ethereum ecosystem, along with the ever-expanding list of stablecoins such as Tether and the Gemini Dollar.

2018-11-14 04:00


Фото:

Huobi Joins OKEx in Adding Four New Stablecoins

Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week. In a support notice published on its platform, the company noted that users will be able to make deposits for Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD) on its exchange starting from Friday, October 19, 2018 (GMT +8).

2018-10-17 21:15


Bitfinex Banking Scares Continue, Bitcoin Premium Skyrockets, Tether Dumps

Since the establishment of the first crypto-to-fiat platform, exchanges have been subject to intense scrutiny from banks, regulators, and most importantly, the consumers and investors themselves. Despite its veteran status in this nascent industry, Bitfinex isn’t exempt from this scrutiny, as a few too many controversies have rocked the Hong Kong-based startup over its near-six-year history.

2018-10-13 15:46


Фото:

Kraken Adds Cardano and Quantum to Its List of Supported Crypto Assets

Cryptocurrency exchange Kraken has announced the addition of two new assets to its platform: Cardano and Quantum, bringing the number of supported coins up to 19. Ninth-placed Cardano (ADA) and 29th-ranked Quantum (QTUM) join the likes of Bitcoin, Ether, EOS, Stellar Lumuns, Litecoin, Tether, Monero, Dash, Ether Classic, Dogecoin, Zcash, Augur, Iconomi, Gnosis, and Melon.

2018-10-2 13:07


Bittrex Crypto Exchange to Add Cardano (ADA) and Zcash (ZEC) USD Trading Pairs

Bittrex Expands And Adds Cardano And ZCash To US Dollar Markets The famous virtual currency exchange Bittrex has decided to add two new US Dollar trading pairs. In the past the trading platform offered fiat trading with other three markets: Bitcoin (BTC), Tether (USDT), and TrueUSD (TUSD). Earlier this year, Bill Shihara, Bittrex CEO, said […]

2018-8-30 22:25


Фото:

Kraken Crypto Trade, Community Impact Bloomberg Article on Tie ‘Red Flags’

Major crypto exchange Kraken has issued a scathing response to a recent Bloomberg article about stable cryptocurrency Tether (USDT) allegedly “defying logic” on Kraken’s platform. The article in question, titled “Crypto coin Tether defies logic on Kraken’s market, raising red flags,” was published on Bloomberg June 29, with comments and analysis from several academics and

2018-7-3 22:16


Kraken Says Bloomberg is Tweaking Bitcoin’s Futures

A recent article posted by Bloomberg extensively highlights the anomaly in Kraken’s trading platform, which aligns with multiple reviews expressed by other traders. Kraken, the US-based cryptocurrency exchange operating in Canada has  responded to the the suggestions stating that Tether, one of the most widely used digital coin is consistently defying normal trading movement.

2018-7-3 21:43


Фото:

Huobi’s Cryptocurrency Market Index Now On Bloomberg Terminal

Cryptocurrency exchange Huobi announced that financial data firm Bloomberg has added the HB10 crypto market index on its terminal for subscribers. Huobi launched HB10 index last month, which uses weighted samples to track a pool of top 10 crypto assets traded on its platform in real-time against tether (USDT), the dollar-pegged cryptocurrency, based on their liquidity

2018-6-21 11:33


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Tether’s Big Bet: A $775 Million Stake in Rumble and Bitcoin

In a bold move underscoring its commitment to the evolving digital economy, Tether, the company behind the world’s most widely used stablecoin, USDT, has announced a $775 million investment. This ambitious allocation is split between the video-sharing platform Rumble and additional Bitcoin reserves, signaling Tether’s expanding footprint beyond its core role in the cryptocurrency ecosystem.