Tether Adds Support for Polkadot’s Blockchain
USDT issuer Tether Operations Limited has announced it has added support for the Polkadot blockchain, which has become the 14th network in which the stablecoin operates.
According to the statement:
“The addition of Tether to the Polkadot ecosystem is another major milestone. This will mitigate the potential adverse effects associated with market volatility.”
The USDT also runs on Algorand, Avalanche, Simple Ledger Protocol, Ethereum, EOS, Kusama, Liquid Network, Polygon, Tezos, Tron, Solana and Statemine.
The company has announced earlier this month the launch of USDT on the NEAR network.
Polkadot developers have previously introduced the XCM cross-chain solution, which provides communication between various parallel blockchains in the ecosystem.