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Author Topic: USDT stablecoin now on Matic Network  (Read 120 times)
old fart (OP)
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September 29, 2020, 03:50:46 PM
 #1

The industry’s leading stablecoin, Tether (USDT), is now available on Matic Network Layer2 to overcome Ethereum’s performance constraints!Rocket

$USDT is the industry’s most popular stablecoin, with a staggeringly large market capitalization of over $15bn.
By utilizing Matic, users will be able to send USDT at lightning-fast speeds at a fraction of the cost of the gas fees on Ethereum. This will not only provide a superior UX, but will also assist with Ethereum’s congestion crisis by taking the strain from the mainchain.

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September 29, 2020, 04:02:27 PM
 #2

I like the way USDT team works and they never stop I mean they are easily the top stablecoin that is available at multiple blockchain networks this just goes to show the proactiveness of the team and high demand of usdt. I think they are ready for next extreme bull season.

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xZork
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September 29, 2020, 06:02:46 PM
 #3

Good news for USDT fans, so far USDT's development team is doing a very good job. The USDT project is the largest stabecoin in the cryptocurrency market and is trusted by many investors.
Being able to send USDT quickly at a small cost will help people avoid unnecessary losses.


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TastyChillySauce00
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September 30, 2020, 04:24:18 AM
 #4

It looks like that USDT will try to make the USDT stable coin will be available in all of the legit chain. Matic is a good chain so far as it has very good scalability but matic chain is rarely available in the small exchange site.

Matic needs more effort to make the middle or lower tier of exchange sites will make it available and then we have more alternative for the non-sense fees that are always happening in ethereum network.
oh god, matic was doing it so fast.  Cheesy

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September 30, 2020, 07:02:16 AM
 #5

I think Matic team has been sleeping a lot, with all these DEFI hype coupled with the scaling issue, Matic team has ready made product for this but the team decided to handle this in a sloppy way. With new scaling solution popping up now and some on testnet I think the might have missed a great opportunity

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