The company Tether will use the protocol Simple Ledger based on Bitcoin Cash to issue tokens USDT on his network.
After Omni, Ethereum, EOS, TRON, Liquid Network and Algorand, stable cryptocurrency Tether (USDT) will also finally enter the network Bitcoin Cash, report Bitcoin.com.
The popular transmitter of stablecoins will use the protocol Simple Ledger which allows you to easily create and launch tokens sure Bitcoin Cash.
One of the main strengths of Tether is that it builds on a rich diversity of different blockchains. Our latest collaboration with Bitcoin Cash will provide Tether with a variety of benefits, ”said Paolo Ardoino, chief technology officer at Tether.
Tether (USDT), the majority of tokens of which are Ethereum-based to date, has a market capitalization of more than $ 4 billion, placing stablecoin in 4th position in the ranking of cryptocurrencies by capitalization just behind XRP.
It is extremely exciting to hear that the world's largest stablecoin is turning to the Bitcoin Cash blockchain and that millions of Bitcoin.com wallet holders will be able to send and receive Tether using SLP tokens, ”added Roger Ver , the director of Bitcoin.com.
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