Tether (USDT), the largest stackcoin, has issued tokens based on Polkadot. The USDT issuer noted in a statement that Polkadot is one of the most popular ecosystems on which Web3 projects are based.
To empower their users, Tether decided to release stabelcoins on this blockchain.
According to Tether CTO Paolo Ardoino, the launch of USDT on Polkadot will boost that network.