​​Tether adds support for the Polkadot blockchain The issuer | Crypto_NFT

​​Tether adds support for the Polkadot blockchain

The issuer of USDT, Tether Operations Limited, has announced support for the Polkadot blockchain. It became the 14th network in which the stablecoin operates.

“The addition of Tether to the Polkadot ecosystem is another major milestone […]. This will mitigate the potential adverse effects associated with market volatility,” the statement said.

Tether stablecoin also runs on Algorand, Avalanche, Simple Ledger Protocol, Ethereum, EOS, Kusama, Liquid Network, Polygon, Tezos, Tron, Solana, and Statemine.

In September, the company announced the launch of USDT on the NEAR network.

Previously, Polkadot developers introduced the XCM cross-chain solution, which provides communication between various parallel blockchains in the ecosystem.