Close Menu
Cryprovideos
    What's Hot

    Can Bitcoin Value Bounce To $120,000 Or Will It Break Under $100,000?

    June 7, 2025

    Binance's CZ Points Main Success-HODL Tweet

    June 7, 2025

    MEET48 Launches IDOL Airdrop on June 9 Forward of TGE, Main Web3 Leisure – The Each day Hodl

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Tether Comes Again to Bitcoin
    Tether Comes Again to Bitcoin
    Altcoins

    Tether Comes Again to Bitcoin

    By Crypto EditorJanuary 31, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Stablecoin issuer Tether has introduced that its flagship USDT stablecoin, which boasts a market cap of $139 billion, has been launched on Bitcoin’s Lightning Community. 

    Paolo Ardoino, CEO of Tether, has harassed that the main stablecoin issuer is “dedicated to driving innovation” inside the Bitcoin ecosystem.     

    The favored layer-2 scaling resolution, which was rolled out in early 2018, allows quick and low cost Bitcoin transactions.  

    Circling again to the beginning 

    Tether’s USDT, which was launched again in 2014, was initially out there on Omni, a software program layer constructed on prime of Bitcoin.

    The Omni layer (initially often known as Mastercoin) was truly one of many first efforts to scale the unique blockchain community. 

    Associated

    Tether Comes Again to Bitcoin

    In early 2018, USDT tokens grew to become out there on the Ethereum blockchain with the assistance of ERC-20 USDT. This was the beginning of the demise of the OMNI model. The ERC-20 model began rising at a quick tempo resulting from its larger effectivity. In March 2019, Tether additionally introduced its choice to launch the stablecoin model on Tron. 

    Binance, the main cryptocurrency change, dropped OMNI-based USDT tokens again in 2021. 

    As reported by U.At present, Tether finally eliminated help for OMNI in August 2023. It accounted for lower than 0.3% of the overall provide. 

    A slew of blockchains 

    As of now, the token can be utilized on a complete of 17 blockchains, together with Solana and Avalanche.  

    Associated

    USDT Is 104% Backed, Tether CEO Says

    The variations that run on Ethereum and Tron account for the overwhelming majority of tokens in circulation ($74.4 billion and $59 billion in circulation, respectively). 



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Can Bitcoin Value Bounce To $120,000 Or Will It Break Under $100,000?

    June 7, 2025

    Why A Sweep At $2 Is Necessary For The XRP Value To Proceed Rallying

    June 7, 2025

    Solana (SOL) Worth Prediction For June As Worth Retest Key Demand Zone | UseTheBitcoin

    June 7, 2025

    Metaplanet Goals to Maintain 1% of All Bitcoin

    June 7, 2025
    Latest Posts

    Can Bitcoin Value Bounce To $120,000 Or Will It Break Under $100,000?

    June 7, 2025

    Metaplanet Goals to Maintain 1% of All Bitcoin

    June 7, 2025

    Whale and Miner Information Reveal Bitcoin’s Subsequent Transfer | Weekly Whale Watch

    June 7, 2025

    Bitcoin at Crossroads Amid Elevated Promoting Strain, Warns Analytics Platform Glassnode – Right here’s the Agency's Outlook – The Day by day Hodl

    June 7, 2025

    Greatest Crypto Presale to Purchase: Bitcoin Hyper ICO Surges to $685K as First Bitcoin Layer 2 Launches on Ethereum

    June 7, 2025

    Bitcoin (BTC) Worth Prediction for June 7

    June 7, 2025

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    NFT Artist Beeple Dangers Copyright Lawsuit For Tweeting About The Chill Man Memecoin

    November 23, 2024

    Greatest Crypto to Purchase Proper Now: Why BlockDAG, Polkadot, Chainlink, and Ethereum Are Set to Explode in 2025 

    April 27, 2025

    Finest Crypto To Purchase Now? Flockerz (FLOCK) Lists Quickly, Presale Raises $9M

    January 7, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.