Stablecoin USDT launches on the NEAR blockchain

USDT is nonstop, adding to the number of blockchains on which it is available. Now NEAR, the 13th blockchain based on layer 1 protocols, is next, one of the few that shows excellent scalability and speed.

NEAR is the 13th blockchain on which USDT is available, after Ethereum, Solana, Avalanche, Algorand, Polygon, Tron, Omni, EOS, Liquid Network, Kusama, Tezos & Bitcoin Cash's Standard Ledger Protocol.

In fact, such a launch would really help the ecosystem. Until relatively recently, NEAR was just a hype safe. And today, there r more than 700 projects working on this platform.

Well, & as Tether themselves said, now users will be able to use USDT within the NEAR network & profit in this stack.

"We are excited to launch USDT on Near, offering the community access to the first, most stable & reliable stablecoin in the digital token space," Paulo Ardoyno, CTO of Tether.