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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Malam90 on April 08, 2021, 03:21:18 PM

Title: Tether’s USDT to Launch on Kusama With Polkadot to Follow.
Post by: Malam90 on April 08, 2021, 03:21:18 PM
Tether is set to go live on Polkadot following a launch on the network’s cousin, Kusama.

The aim is for USDT (-0.17%) to be the first-ever stablecoin on the Polkadot network, according to an announcement Tuesday.
Polkadot is a network that supports various interconnected blockchains called parachains. It is set to go fully live later this year.
Polkadot’s DOT token is currently the fourth-largest cryptocurrency by market cap, according to CoinGecko.
Kusama launched in 2019 as a pre-production environment to Polkadot, known as a “canary network.”
Tether is the world’s largest stablecoin with a market capitalization of over $40 billion.
It recently launched on its eighth blockchain, Solana. Source of info (https://www.coindesk.com/tether-usdt-kusama-polkadot)
Title: Re: Tether’s USDT to Launch on Kusama With Polkadot to Follow.
Post by: jonathancool220 on April 09, 2021, 03:11:42 PM
It is definitely like this because this Polkadot must have an extraordinary update in keeping up with the times.
Polkadot does not want to lose or decrease its coins because this Plkadot is always updated and the results can be seen now if Polkadot and Kusama work together to create satisfying results in the future.
Title: Re: Tether’s USDT to Launch on Kusama With Polkadot to Follow.
Post by: kent47400 on April 13, 2021, 05:08:41 PM
The expansion of Tether is really very fast and I'm sure Tether doesn't want to miss the moment to be on the Polkadot blockchain.
To my knowledge, Polkadot coin is very open to existing blockchains, such as erc20, bep20, trc20, all of which can be integrated into the Polkadot blockchain.
Title: Re: Tether’s USDT to Launch on Kusama With Polkadot to Follow.
Post by: Freemind on April 13, 2021, 05:25:23 PM
Quote from: kent47400 on April 13, 2021, 05:08:41 PM
The expansion of Tether is really very fast and I'm sure Tether doesn't want to miss the moment to be on the Polkadot blockchain.
To my knowledge, Polkadot coin is very open to existing blockchains, such as erc20, bep20, trc20, all of which can be integrated into the Polkadot blockchain.

Correct @kent47400. It seems that those in charge of Tether do not want to leave any chain behind, expanding as much as possible for greater adoption of their stable coin. I hope that in the future those continuous problems that Tether has had to justify the fiat that is behind its coin will be dissipated and resolved.

Title: Re: Tether’s USDT to Launch on Kusama With Polkadot to Follow.
Post by: masudginanjar on May 09, 2021, 01:35:14 PM
USDT is indeed very fast to find the best opportunity for a stable coin market because it was able to enter the Kusama blockchain in just a few days.
This evidence is very strong for USDT to continue to be in the top stable coin rankings beating USDC, BUSD, Paxos and Gemini Dollar.
It will continue for a long time for USDT to lead a stable coin market and congratulations for USDT as the king of all Stable coins.