Tether Joins the Polygon Network with Introduction of its Stablecoin
Tether has further stretched the company's reach and influence with the introduction of a dollar-pegged stablecoin (USDT) on the Polygon Network, a deal that extended the stablecoin to over 11 blockchain networks. Throug...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Tether has further stretched the company's reach and influence with the introduction of a dollar-pegged stablecoin (USDT) on the Polygon Network, a deal that extended the stablecoin to over 11 blockchain networks.
Through its relationship with Tether, the Polygon ecosystem is expected to have a stable currency for investors, which will help generate yield in and out of the network. This will all be achieved through the integration of Tether's stablecoin USDT, which is tied to 1:1 to the U.S. dollar and has a market capitalization of about $73 billion.
An analysis from Alchemy ...
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoCurrencyNewsRelated market context
Ethereum Price Prediction: Could Aztec’s zk.money Drive ETH Higher as Zcash Fuels Privacy Narrative?
Ethereum is trading at $2,665, flat over 24 hours, leaving it below the $2,700–$2,735 resistance band as our recent price predicti...
Aptos lands native Tether USDT support on Taiwan’s MAX exchange for TWD conversions
The integration of native USDT on Aptos by MAX could enhance Taiwan's crypto market liquidity and regulatory compliance, fostering...
BNB Chain adds 985K stablecoin holders in a single week, dwarfing every other network
BNB Chain's rapid growth in stablecoin holders highlights its strategic edge in user acquisition, though it trails in total stable...
Tether claims $550 million in Iran freezes, but $35 million slipped past Senate
Tether says it helped freeze nearly $550 million in Iran-linked USDT during 2026, while Democratic investigators on a Senate subco...
Citi And Coinbase Bring Stablecoin Payments Into Corporate Banking
TL;DR Citi and Coinbase have expanded their partnership with new stablecoin and fiat payment infrastructure for businesses. Citi c...
CME Nine-Asset Crypto Basket Is 86.29% Bitcoin and Ethereum
Nine crypto coins are now traded inside a single, financially settled futures contract on CME Group’s platform, but Bitcoin and Et...