This large-scale stablecoin issuance is interpreted as a strategic measure taken by PePe MainNet to strengthen the network's liquidity and expand its user base.
Pepe Mainnet is based on advanced blockchain infrastructure, enabling ultra-fast transaction processing and minimized network
It will provide a blockchain-based fee system and will be bridged with the existing Ethereum Tether USDT and Tron Tether USDT, and will be the driving force behind the development of decentralized finance (DeFi) and decentralized applications (DApps).
The issuance of Tether will strengthen the ability to provide financial services using existing stablecoins and further enhance interoperability with the existing financial system.
The Pepe mainnet side said, "The issuance of 10 billion Tethers is a strategic decision to provide a reliable stablecoin environment for global Tether users.
"This will increase liquidity on DeFi platforms and exchanges, and will help sustain network growth based on new partnerships and technological innovation," the company said.
The PepePRC-20-based USDT issued will be used in various ecosystems such as DeFi applications, exchanges, and NFT marketplaces based on the Pepe mainnet.
In addition, PepeTether on the Pepe mainnet will be able to attract additional users through fee-free transfers and expand its developer community, making it a new player in the highly competitive stable coin market.
Cryptocurrency market experts say that the fee-free transfers on Pepe's mainnet will strengthen its position as a liquidity provider in the stablecoin market.
In particular, the large-scale issuance of PepeTether USDT will have a positive impact on the long-term growth of the digital asset market.
We believe that there is great potential for this to become an important catalyst for growth.
2025/01/22 10:02 KST
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