April 25, 2024

Tether to release USDT on Polkadot and Kusama blockchains

Tether to release USDT on Polkadot and Kusama blockchains

The release date of the coins depends on how quickly the Polkadot developers can activate the parachain.

Tether CTO Paolo Ardoino said:

Most likely, Tether will launch stablecoins on the first available parachain – StateMint.

Before issuing coins on Polkadot, Tether will launch on Kusama.The project will launch parachains about two weeks before Polkadot.Kusama is an additional Polkadot network, a cross between a testnet and a standalone blockchain.

Recall that earlier Tether issued USDT on the Bitcoin, Ethereum, Tron, EOS, Solana and Bitcoin Cash blockchains.Tether also supports several layer-two solutions – zkRollups and Liquid Network.

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