March 23, 2020 The stablecoin, Tether has launched on the Bitcoin Cash blockchain.

The USD-pegged stablecoin, Tether (USDT), has launched on the Bitcoin Cash network. Tether will run on top of the Simple Ledger Protocol, a tokenization protocol that runs on Bitcoin Cash. The stablecoin is already live on the Omni protocol and Liquid sidechain, which operate in tandem with Bitcoin, as well as Ethereum, EOS, Tron and Algorand. Just as it does now, USDT issued on Bitcoin Cash will aim to maintain a 1:1 USD peg.