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Tether (USDT), the world’s largest stablecoin by market capitalization, is now available on the Polygon network, expanding its presence to a total of 11 distributed The world’s largest stablecoin by market value, USDT, has been added to Ethereum scaling solution Polygon in an attempt to support the success of its budding Tether – the company behind the world’s largest stablecoin – has now launched its premier Tether token (USDT) across Polygon. This will bring Tether’s utility to Tether, the company behind the largest stablecoin by market capitalization, is now offering their $USDT tokens on Polygon. Tether was first issued on the Bitcoin protocol Tether is set to play an essential role in supporting Polygon’s DeFi ecosystem. It will alleviate the potential adverse effects associated with market volatility by Este 27 de mayo, el equipo del proyecto Polygon, cuyo token es MATIC, anunció que de hora en adelante su red brindará soporte a USDT, el token nativo de la compañía Tether Operations

Tether (USDT) Now Live on Polygon: What it Means for DeFi

Great news for the Polygon and DeFi communities! Tether (USDT), the world’s largest stablecoin by market capitalization, is now available on the Polygon network. This expansion brings Tether's presence to a total of 11 distributed networks, significantly broadening its reach and utility.

Tether – the company behind the world’s largest stablecoin – has launched its premier Tether token (USDT) across Polygon. This integration of the world’s largest stablecoin by market value, USDT, to Ethereum scaling solution Polygon aims to support the success of its budding ecosystem. By offering their $USDT tokens on Polygon, Tether is set to play an essential role in supporting Polygon’s DeFi ecosystem.

Why is this important?

The addition of USDT to Polygon provides users with several key benefits:

  • Reduced Transaction Fees: Polygon's Layer-2 scaling solution significantly lowers transaction fees compared to Ethereum, making USDT transfers more affordable.
  • Faster Transaction Speeds: Experience faster transaction confirmations with Polygon's efficient blockchain.
  • Enhanced DeFi Access: USDT on Polygon unlocks new opportunities within Polygon's growing decentralized finance (DeFi) ecosystem.
  • Volatility Mitigation: As a stablecoin, Tether's presence on Polygon will alleviate the potential adverse effects associated with market volatility by providing a stable asset for trading and hedging.

Tether was first issued on the Bitcoin protocol, and its availability on Polygon represents a significant step forward in making stablecoins more accessible and usable within the wider crypto landscape.

Este 27 de mayo, el equipo del proyecto Polygon, cuyo token es MATIC, anunció que de hora en adelante su red brindará soporte a USDT, el token nativo de la compañía Tether Operations. (On May 27th, the Polygon project team, whose token is MATIC, announced that from now on their network will support USDT, the native token of the company Tether Operations.)

Explore the possibilities with USDT on Polygon and experience the future of DeFi!

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