The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year.
Category: Omni Layer
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Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
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Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
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Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion
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Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro
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USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
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The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework. Tether (USDT) is the king of stablecoins in […]
The post The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network appeared first on Bitcoin News.
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Ethereum’s Value Transfer Is Now Dominated by Stablecoins
The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is now largely made up of stablecoins like tether, pax, and dai. Also […]
The post Ethereum’s Value Transfer Is Now Dominated by Stablecoins appeared first on Bitcoin News.
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Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply
Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply currently sits at over 2.2 billion tokens, while the Omni equivalent stands at around 1.5 billion. The Tron network […]
The post Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply appeared first on Bitcoin News.
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Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019
During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called the outputs “abuse” and “spam.” Also Read: Central Bank Gold Hoarding Hits 50-Year High […]
The post Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019 appeared first on Bitcoin News.
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