{"id":29479,"date":"2022-06-09T15:14:12","date_gmt":"2022-06-09T19:14:12","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=29479"},"modified":"2022-06-09T15:14:21","modified_gmt":"2022-06-09T19:14:21","slug":"tether-usdt-token-goes-live-on-tezos-blockchain","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/tether-usdt-token-goes-live-on-tezos-blockchain\/","title":{"rendered":"Tether USDT token goes live on Tezos blockchain"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\" id=\"h-tether-the-world-s-most-popular-stablecoin-has-announced-the-launch-of-the-tether-usdt-token-on-tezos-blockchain-to-increase-its-digital-footprint-in-digital-payments-and-defi-sectors\">Tether, the world's most popular stablecoin, has announced the launch of the Tether (<a href=\"https:\/\/coinscreed.com\/staging\/tether-now-offering-usdt-on-polygon-network.html\" target=\"_blank\" rel=\"noreferrer noopener\">USDT<\/a>) token on Tezos blockchain to increase its digital footprint in digital payments and DeFi sectors.<\/h5>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"798\" height=\"450\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-76.png\" alt=\"Tether's USDT token goes live on Tezos blockchain\" class=\"wp-image-29491\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-76.png 798w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-76-300x169.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-76-768x433.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-76-150x85.png 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-76-750x423.png 750w\" sizes=\"(max-width: 798px) 100vw, 798px\" \/><figcaption>Tether's USDT token goes live on Tezos blockchain<\/figcaption><\/figure>\n\n\n\n<p>&#8220;USDT on Tezos will enable breakthrough applications across payments, <a href=\"https:\/\/coinscreed.com\/staging\/tron-becomes-the-third-largest-defi-blockchain.html\" target=\"_blank\" rel=\"noreferrer noopener\">DeFi<\/a>, and more,&#8221; according to the press announcement. More information about the expected utility of Tether tokens was offered during a conversation with a representative:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cTether tokens are not an investment but a utility for engaging in internet commerce, combating <a href=\"https:\/\/coinscreed.com\/staging\/ftx-continues-hiring-people-despite-market-volatility.html\" target=\"_blank\" rel=\"noreferrer noopener\">volatility<\/a>, and providing a safe haven for remittances. Tether tokens can be securely stored, sent, and received across the blockchain and are redeemable for the underlying asset, subject to the terms of service and fee schedule.\u201d<\/p><\/blockquote>\n\n\n\n<p>The speaker went on to divulge the identities of the 12 <a href=\"https:\/\/www.google.com\/search?q=Tether%27s+USDT+token+goes+live+on+Tezos+blockchain&rlz=1C1SQJL_enNG889NG889&oq=Tether%27s+USDT+token+goes+live+on+Tezos+blockchain&aqs=chrome..69i57j0i546l3.872j0j9&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noreferrer noopener\">blockchains <span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>on which the asset will be available, including Tezos.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cTether currently supports transfers on a diverse and growing list of blockchains including Solana, Ethereum, Kusama, Avalanche, Polkadot, <a href=\"https:\/\/coinscreed.com\/staging\/algorand-products-see-20-million-weekly-inflows.html\" target=\"_blank\" rel=\"noreferrer noopener\">Algorand<\/a>, EOS, Liquid Network, Omni, Tron and Bitcoin Cash\u2019s Standard Ledger Protocol.\u201d<\/p><\/blockquote>\n\n\n\n<p>Paolo Ardoino, Tether's chief technical officer, praised the launch and predicted that it will help the company develop in the future years.<\/p>\n\n\n\n<p>\u201cTezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether, the world&#8217;s most popular stablecoin, has announced the launch of the Tether (USDT) token on Tezos blockchain to increase its digital footprint in digital payments and DeFi sectors. &#8220;USDT on Tezos will enable breakthrough applications across payments, DeFi, and more,&#8221; according to the press announcement. More information about the expected utility of Tether tokens [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":29491,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[130,21],"tags":[1103,3982],"class_list":["post-29479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-news","tag-tether","tag-tezos"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/06\/image-76.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/29479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=29479"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/29479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/29491"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=29479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=29479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=29479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}