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by bouncycastle 2018 days ago
A major chunk of Tether lives on Ethereum and is mostly being used for on-chain decentralized money-markets using smart contracts. (Eg Unisawp, MakerDAO, CurveFi and Compound)

You can track the Tether issued on Ethereum in real-time by looking at this contract https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c...

Currently over $12.4 billion Tether issued on Ethereum
1 comments
ur-whale 2018 days ago
Thanks for the link, but is that the only place Tether "lives"?

Last I read up on it, it was implemented on top of Omni [1]

[1] https://hackernoon.com/a-closer-look-at-tethers-blockchain-5...

Are there multiple Blockchains where Tether was issued?

link
bouncycastle 2018 days ago
Tether is issued on multiple blockchains. Omni is Bitcoin based, and recently most of it moved from Omni to Ethereum ($12.6 bil). Others include Tron ($6.4 bil), EOS ($90 mil), Liquid ($16.5 mil), and so on.

Full stats https://wallet.tether.to/transparency

link