Dear Hoo users,
In order to meet the needs of users for stablecoin, Hoo has supported the USDT-ASA of the Algorand chain. So far, Hoo has supported with USDT-ASA, USDT-ERC20, USDT-Omni, USDT-TRC20 and USDT-EOS.
Tether is currently the issuer of USDT, which ranks first in market capitalization among US dollar stablecoins based on blockchain, and USDT has been issued on Algorand 2.0. Algorand is the first unauthorized pure equity proof blockchain platform of the world. Tether is the first to take advantage of the innovative stablecoins released in Algorand 2.0 and will provide instant confirmation, micro-payment and automatic wallet support.
September 30, 2020