I also read about this yesterday, but what I do not yet know is that will the fee be cheap if Solana blockchain is used for tether storage and usage? It is clear that ethereum blockchain is very expensive, a reason I do not use tether for transaction on exchanges as it is even more expensive than or almost like bitcoin transaction fee. Also I will like to know if Solana blockchain is secure and safe to use?
It will be good to have a way tether can be used on a blockchain that is not susceptible to 51% attack and also in which low fee will be used with fast processing time.
so the reason that new apps will likely be developed in Sol blockchain which they claimed to at least have 50K transactions per sec. thats a good rate than ETH. Solana must be secure otherwise Tether wouldn't be considering them.
it's this article that i learned Serum is using Solana, that's interesting because i have been seeing SOL rank high on coinmarketcap that see it's just a dollar back then. its transaction fee is as low as is $0.00001.