Cryptocurrency News

Tether also confirms its throwing weight behind the post-Merge Ethereum

2022.08.10 18:17

Tether also confirms its throwing weight behind the post-Merge Ethereum
Tether also confirms its throwing weight behind the post-Merge Ethereum

Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming Merge upgrade and switch to a Proof-of-Stake (PoS) consensus mechanism-based blockchain.

The announcement came on the same day as its stablecoin competitor, who pledged they will only support Ethereum’s highly anticipated upgrade.

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