Tether, the issuer of the largest stablecoin, USDT, has announced the launch of the asset on Celo, a carbon-negative, permissionless, Ethereum Virtual Machine-compatible network.
According to a statement sent to CryptoPotato, the collaboration between Tether and Celo could see USDT become a gas currency on the latter’s network, streamlining transactions and fostering efficiency on decentralized applications (dApps) that are focused on payments, lending, and other services.
USDT to Launch on Celo
Celo is a mobile-first network designed for real-world use cases and fast, low-cost payments. The blockchain spans more than 1,000 projects in over 150 countries. The network’s carbon-negative status aims to create a more inclusive financial system.
Tether believes launching USDT on Celo would give users access to a range of benefits, including low sub-cent transaction fees, hovering around $0.001. USDT will join several other stable assets on Celo, including eXOF and cREAL, which are pegge
We współpracy z: https://cryptopotato.com/tether-to-launch-usdt-on-evm-compatible-celo-blockchain/
