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USDT returns to Bitcoin via RGB, aiming at Tron’s stablecoin grip


USDT returns to Bitcoin via RGB, aiming at Tron’s stablecoin grip

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Tether is reintroducing its USDT stablecoin on the Bitcoin blockchain, a move that could change settlement flows in the largest crypto market. Tether transparency data show about 85% of USDT supply resides on TRON and Ethereum, so a Bitcoin relaunch could boost adoption and liquidity for CEXs, DEXs and DeFi while raising interoperability and security considerations.

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Tether is bringing back its dollar-pegged stablecoin into the Bitcoin blockchain and this could change the way transactions are conducted in the most traded form of cryptocurrency. According to Tether transparency data, around 85% of the total supply of USDT exists on the TRON and Ethereum networks, thus making these two platforms the preferred settlement...
Read the article at CryptoPolitan

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In This News

Coins

$ 64.51K

+0.65%

$ 1.87K

+1.34%

$ 0.327

+1.32%

$ 0.99919

-0.01%

Funds

Predictions Markets

See what traders are focused on

View analytics →
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