Tether Stablecoin Now Available on EOS Blockchain
Blockchain tech company Tether has announced that it is partnering with EOS parent company Block.one to release its stablecoin (USDT) on the EOS blockchain (EOSIO), according to a press release.According to the announcement, Tether developed the Tether EOS smart contract, which has been sent to the EOS account “tethertether” and peer-reviewed by the Canadian branch of EOS. Tether EOS is reportedly well-suited for peer-to-peer microtransactions, due to its delegated proof-of-stake design.
Tether’s Chief Executive Officer, Jean-Louis van der Velde, said that expaned the coin to the EOS blockchain provides greater interoperability.
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