Tether to Launch Tokenized US Dollars on Ethereum Blockchain

[kreslik.news]

Tether, a company utilizing cryptocurrencies to represent fiat currencies, has announced the launch of Tether ERC20 tokens on the Ethereum blockchain. This is done in partnership with Ethfinex, a trading hub for Ethereum-based projects and a spin-off of cryptocurrency exchange Bitfinex.

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Craig Sellars, co-founder of Tether, said: “Following the success of our widely used US Dollar tokenisation on the Bitcoin blockchain, this latest version enables interoperability with Ethereum-based protocols and DApps. We believe this new development will reduce the current interbank delays often involved in exchange ... (read more)