Tether Launches on Bitcoin Cash Network: The world’s biggest stablecoin has launched on the Bitcoin Cash network.
Tether (USDT) has seen a surge of interest in recent weeks due to the global flight to safe havens and now has a market cap greater than $5.7 billion. More than $180 million was minted in recent days, preceding Bitcoin’s remarkable price spike in the past 24 hours.
USDT will now be available on the Bitcoin Cash network. It is also available on Ethereum, Algorand, EOS, Liquid Network, Omni and Tron.
Bitcoin Cash has its own generic token called the Simple Ledger Protocol, which is BCH’s version of the ERC-20 token on Ethereum that fuelled the ICO boom.
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