Tether’s Blockchain Expansion Continues as USDT Goes Live on Avalanche

Months after indicating plans to expand the USDT stablecoin support to Avalanche blockchain, popular stablecoin issuer Tether has finally launched its dollar-pegged cryptocurrency on the eco-friendly network.
USDT Now Available on Avalanche
With USDT launching on Avalanche, users can now transfer the largest stablecoin by market capitalization at a relatively lower cost, and the transactions will be settled instantly, as Tether’s CTO, Paolo Ardoino, explained:
“We’re excited to launch USDT on Avalanche, offering its growing and vibrant community access to the most liquid, stable, and trusted stablecoin in the digital token space.”
Notably, Tether’s USDT integration on Avalanche would contribute to the growth and sustainability of the network, as well as foster the usage of stablecoins across the DeFi ecosystem.
“USDT on Avalanche is an essential building block for DeFi users,” Emin Gün Sirer, Director of the Avalanche Foundation, said.
Tether chose to launch its stableco

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