As a next step toward responsible decentralization of the Algorand network, Silvio Micali and Jing Chen share a proposal for further decentralizing Algorand Governance
Digital Assets, Stablecoins
Tether leverages blockchain technology to allow users to store, send and receive stablecoins. These digital tokens are pegged to the US dollar, euro, and offshore Chinese yuan. This enables investors to take advantage of the speed and security of digital assets, while maintaining the everyday utility of fiat currencies. USDT is the most widely traded cryptocurrency in terms of transaction volume, and has the third largest market cap of all cryptocurrencies.
How Tether is using Algorand
Using Algorand's network, USDT can be transacted at over 1000 transactions per second in a scalable, secure, and decentralized way. With Algorand’s simplified asset creation, instant financial exchange, and immediate transaction finality, Tether is leveraging technology at the forefront of open financial innovation.
Tether Coming To Algorand
Feb 10, 2020
Tether Launches USDT Stablecoin on Algorand Blockchain
July 17, 2019
Tether Stablecoin to Launch on Algorand Blockchain
Feb 10, 2020
Tether’s USDT Goes Live on Algorand
Learn how to add Tether USDT to your Algorand Wallet in My Algo
Explore More Use Cases
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of stablecoins and public blockchains for payments, commerce and financial applications worldwide. Circle's USDC is the fastest growing full-reserve stablecoin in the world, with 2.3 Billion in circulation.
Algorand was selected to power the first national digital currency, known as the SOV, which will circulate alongside the US dollar and help the Marshall Islands efficiently operate in the global economy.
Monerium is a financial technology company with the mission of making digital currency accessible, secure, and simple to transact. Monerium is the world's first company authorized to issue regulated e-money on blockchains.