Tether (USDT), a stablecoin backed by USD, will be launching on the EOS blockchain protocol. The CTO also hinted that Tether might launch on the Lightning Network by 2019’s end, according to reports released on May 31, 2019.
So, they will use EOS to sign a smart contract a create tons of tokens to make money from nowhere? i'm in! Sound as a great plan. The only thing about this that i disagree is the backed by USD part. Because if we want to back up a stable coin, we should spend the bitcoin market capitalization on it.
