TetherIn his statement, he supported the transition of Ethereum to Proof of Stake (PoS).
About 2 days left until Ethereum’s highly anticipated Merge network upgrade. During this period, many organizations took steps in preparation for Merge.
Tether Supports Ethereum Merge
Tether’s latest statement announced that Ethereum supports PoS transition. Tether, like the majority in the ecosystem, is among the organizations excited about the transition from Proof of Work to Proof of Stake. although AntpoolThe ecosystem is excited about this, although there are organizations such as PoS that do not support PoS.
Although the big change planned in Ethereum’s consensus mechanism will not affect users much, it is very critical for developers and companies serving in this field. In addition Blockchain This transition, which will take place for the first time in its history, requires significant support. Although some companies do not support this transition, the majority PoS It looks like it’s on his side. Finally, the PoS support of stablecoin Tether (USDT) was remarkable. Commenting on the subject Tether, explained:
“While we do not disclose the possibility of forks linked to the Ethereum Mainnet Merge, the Tether token as an Ethereum asset can only exist in one valid “release”. This means that only the upgraded Ethereum POS chain is also supported, as stated earlier.”
