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Tether Co-founder Supporting Stablecoin Projects Based on Ethereum (ETH) and Solana (SOL)

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JH Kim
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  • Reeve Collins, Tether co-founder, announced support for stablecoin projects based on Ethereum and Solana.
  • The project will issue stablecoins through smart contracts and includes Real World Assets.
  • The project plans to distribute profits to participants and launch governance tokens.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to Bloomberg on the 18th (local time), Reeve Collins, co-founder of Tether, is supporting stablecoin projects based on Ethereum (ETH) and Solana (SOL), which are scheduled to launch by the end of this year.

The project will issue stablecoins through smart contracts, and the supporting assets include Real World Assets (RWA).

It is also reported that the project plans to distribute profits to participants and launch governance tokens.

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SOL
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