Stablecoin issuer Tether plans to launch USDT on the Avalanche blockchain.
According to Tether's CTO, USDT will become available inAvalanche is already in mid-June.After launch, the stablecoin will be available on nine blockchains: Algorand, Avalanche, Bitcoin Cash's Simple Ledger Protocol, Ethereum, EOS, Liquid Network, Omni, Tron, and Solana.
High gas prices on the Ethereum network have increased the popularity of USDT on other blockchains, primarily Tron.According to TheBlock, the total supply of USDT on Tron has already surpassed the circulation of USDT on Ethereum.
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Based on materialswww.theblockcrypto.com
