Steyblkoin USDT will be launched on the Algorand

PoS-blockchain

Representatives of the crypto-project Tether reported that their stableblock USDT will soon be launched in Algorand blockchain.

Paolo Ardoino, CTO of Tether, noted that the launch of USDT in the Algorand ecosystem is an excellent opportunity to develop blockchain compatibility. The company hopes that this cooperation will reveal the potential of other projects in a decentralized ecosystem, Tether expects that it will soon be possible to start cooperation with some of them.

For further development of the global digital asset space, it’s not a problem . https://t.co/fPKVqcL3JF

Tether (@Tether_to) July 17, 2019

Algorand is a blockchain protocol that provides a high level of security, scaling and decentralization. These three components, according to the Algorand team, have not yet been implemented together in one project. So, developers are focused on finding solutions that will solve this problem.

Recall that in May, the USDT was launched on the EOS blockchain. Currently, steyblecoin is also valid in Tron, Ethereum, Omni.