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USDT Token Sufficient on Statemine Parachain, Eases Transactions -Breaking

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USDT Token Enough for Statemine Parachain, Eases Transactions
  • USDT token is now sufficient for payment on Kusama’s Statemine parachain.
  • Register USDT for Statemine to request its existence in Kusama
  • It is anticipated that this will increase transaction volume and allow holders to make use of it more easily.

After the Kusama proposal 197 referendum was officially implemented, USDT is now enough to pay transaction fees for the Kusama ecosystem. This was made possible after USDT was registered on Statemine, a parachain working on Polkadot’s Kusama network. USDT is now able to exist on Kusama accounts without needing the KSM token.

What’s more, using USDT on Kusama makes the transaction process more flexible. As stated on the Polkassembly website, the stablecoin will power transactions on Kusama’s Statemine parachain needed for asset deployment and balance-keeping of fungible and non-fungible tokens.

Additionally, it states on the site that they…

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