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A major chunk of Tether lives on Ethereum and is mostly being used for on-chain decentralized money-markets using smart contracts. (Eg Unisawp, MakerDAO, CurveF

A major chunk of Tether lives on Ethereum and is mostly being used for on-chain decentralized money-markets using smart contracts. (Eg Unisawp, MakerDAO, CurveFi and Compound) You can track the Tether issued on Ethereum in real-time by looking at this contract https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7 https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c... Currently over $12.4 billion Tether issued on Ethereum

ur-whale 6y ago
Thanks for the link, but is that the only place Tether "lives"? Last I read up on it, it was implemented on top of Omni [1] [1] https://hackernoon.com/a-closer-look-at-tethers-blockchain-5c3032328e52 https://hackernoon.com/a-closer-look-at-tethers-blockchain-5... Are there multiple Blockchains where Tether was issued?
- bouncycastle 6y ago
  Tether is issued on multiple blockchains. Omni is Bitcoin based, and recently most of it moved from Omni to Ethereum ($12.6 bil). Others include Tron ($6.4 bil), EOS ($90 mil), Liquid ($16.5 mil), and so on. Full stats https://wallet.tether.to/transparency https://wallet.tether.to/transparency