September 9, 2020 Tether launches on Solana.

Collateralized stablecoin issuer Tether has officially launched operations on the Solana Blockchain. USDT is now available on the new blockchain, making it the eighth chain on which Tether assets are hosted. Other blockchains hosting Tether’s stablecoins include Ethereum, Algorand, and TRON. Tether plans to place its assets on three additional blockchain in the near future, according to CTO Paolo Ardoino.