Tether stablecoin USDT is coming to Celo blockchain
Tether has entered a collaboration with Celo to enable “sub-cent transaction fees” for USDT and enable feasible microtransactions.
Major stablecoin operator Tether continues to expand its USDT stablecoin across various blockchain networks, entering a strategic collaboration with the Celo network.
Tether is launching USDT on Celo, an Ethereum Virtual Machine (EVM)-compatible layer-1 network designed for fast and low-cost payments.
Announcing the news to Cointelegraph on March 11, Tether noted that the new integration brings a range of benefits to USDT, including “notably low, sub-cent transaction fees” hovering around $0.001, enabling feasible microtransactions.
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