top of page

Tether's USDT To Launch on Celo

Tether’s USDT, the largest stablecoin by market value, will launch on mobile-focused layer-1 platform Celo. Celo is currently migrating from a standalone blockchain to a new layer-2 atop Ethereum. The platform focuses on being a mobile-first network that offers multiple stable assets to users globally, but with a focus on emerging markets. The integration of USDT on Celo expands the use cases for stable assets already on Celo, including remittances, savings, lending and cross-border payments, explained the press release. Tether is already live on several other layer-1 networks, including Avalanche, Polygon and Near. Stablecoin issuer Circle launched USDC on the Celo network in January. 


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


Comentários


bottom of page