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Tether deploys new USDT token on the Tezos blockchain

Main cryptocurrency stablecoin has introduced the launch of a brand new asset, Tether (USDT) tokens, constructed on the Tezos blockchain, and with the ambition of increasing its digital footprint throughout the digital funds and decentralized finance (DeFi) sector.

In line with the press launch, “USDT on Tezos will energy revolutionary purposes throughout funds, DeFi, and extra.” In dialog with a Tether consultant, larger context was offered as to the meant utility of Tether tokens: