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"Little Fox Wallet App Download" Tether has launched its native USDT token on the OKX chain (OKC)

2023 07/17

Cryptocurrency trading platform OKX has announced that Tether`s USDT stablecoin, EURT stablecoin and euro-pegged TetherGold (XAUT) are now available on OKXChain (OKC).

With the introduction of USDT on OKC it not only reduces the costs associated with deposits and withdrawals but also allows for faster processing times. Thanks to this development, the average cost per transaction for customers is only 0.0001 USDT for fast transfers.

USDT investors can now trade OKC with greater peace of mind as Tether has officially granted permission to the OKC smart contract. OKX's current chain is the 12th public chain of Tether, which is one of the world's largest stable currencies by market value.

The interoperability of OKC and EVM promotes the possible link between USDT and Cosmos. OKX and Tether are now formally collaborating, potentially allowing Cosmos to gain access to the driving ecosystem USDT for the first time.

Not only as a result of the cooperation, USDT will be added to the OKX chain, but also EURT and TetherGold will be added to the OKX blockchain. TetherGold is a digital currency backed by pure gold, and EURT is a stable currency pegged to the euro.


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