Tether, the world’s largest stablecoin by market capitalization, is now available on the Tezos proof-of-stake blockchain.
The launch of Tether’s USDT comes after months of testing and beta testing by several prominent crypto exchanges. Binance Labs, Kraken, and KuCoin are among the companies that have tested Tether’s new blockchain asset.
“We’re thrilled to welcome Tether to the Tezos community,” said Ryan Jesperson, President of the Tezo…
What is Play-to-Earn?
Decentralized finance (DeFi) games are enabling a shift towards the play-to-earn model. As the name suggests, play-to-earn (or P2E) crypto games involve earning some form of cryptocurrency by playing games. These usually include making in-game currency by carrying out quests, winning battles, and completing other kinds of challenges. You can typically exchange this in-game currency for Bitcoin, Ethereum, or another to…
According to the official announcement of Indodex, Indonesia’s largest digital asset exchange, MetaCraft officially launched Indodax on May 25th; while the deposit of MCT on Indodex starts on 27th. In the past week, MCT growth rapidly, with a new All-Time High surging over 74.37%, marking its great potential in the field of DeFi Games.
MetaCraft is a running group chain play imitating Rarity, and a blockchain version of DND game…
Tether’s commercial paper holdings have been reduced by 17% as the company seeks to improve the quality of its reserves.
In its Consolidated Reserves Report released Thursday, the company indicated that it had reduced its commercial paper holdings from USD $24.2 billion to USD $20 billion during the first quarter of 2021.
As of March 31, the end of the first quarter, Tether’s reserves were USD $82 billion of which 86% consisted of cash an…
