The notoriously popular Tether dollars have landed on the Bitcoin cash blockchain. Thanks to a simple token blockchain, you can easily receive and send the most important stablecoin with multiple wallets. Due to the low fees and the high scalability of Bitcoin Cash, stablecoin has the potential to become a mass payment method. The tether stablecoins (USDT) are now also on the Bitcoin Cash Blockchain (BCH). The largest dollar stablecoin by far now uses seven blockchains, including Bitcoin with the Omni protocol, Ethereum, EOS, Tron, Algorand and the liquid sidechain.
More than 5 billion tether
There is a total of more than five billion tether dollars. After they were initially only at home on the Bitcoin blockchain, the majority are now on the Ethereum blockchain as ERC tokens, the undisputed standard for blockchain tokens. Compared to Bitcoin and Ethereum, Bitcoin Cash offers the advantage of being able to scale widely with low fees. The Simple Ledger Protocol (SLP) used for the Tether Dollar is also integrated in many wallets, for example in a version for Electron Cash, the wallet from Bitcoin.com or the Badger wallet for the browser. For the first time, the Tether dollars could technically have the chance to become a retail payment method.