"In addition to having a comprehensive anchor unit (Unit, or Libra), we can also have a series of stablecoins linked to a single legal currency, such as USD stablecoins, Euro stablecoins, British pound stablecoins, etc."

The application scenarios of USDT are not limited to exchanges, there are also payment channels for tens of millions of decentralized applications, and a more promising future.

In the past 30 days, over 400,000 Ethereum has been locked in DeFi.

The birth, status quo and future of stablecoins.

In this series, I will discuss with you a very special currency in digital currency - stable currency.

Learn more about the real crypto market from the data.

For Tether in the future, perhaps embracing supervision and truly practicing the spirit of openness, transparency and decentralization of the blockchain is the ultimate way out.

21 initial members signed the articles of association, the council was formally established, and the board of directors and executive team were appointed.

The G7 group finally took action on stablecoins.

After the recovery, the market still does not change the purchase behavior of USDT

Uber, Lyft and Anchorage will still participate in the Libra project.

What would happen if Tether left the crypto market?

For several months, Tether has been shifting the focus of USDT issuance from OMNI (Bitcoin network) to ERC20 (Ethereum network). In September, Tether released an official transfer announcement, which means that ERC20-USDT officially replaced OMNI-USDT.

Libra has had a bumpy journey, even worse than ETF, and has recently encountered all directions.

Be wary of the premium risk caused by the USDT run.

Tether is currently the most widely used cryptocurrency in the world.