Decentralized open-source blockchain, Tezos (XTZ) is making a foray into the DeFi and NFT ecosystem. This move is also the result of a tri-partnership with three different projects namely; Opus Dei, Sad Python, and the Gebo Wallet. In a recent interview with Tezos (XTZ), the founders of the projects discussed in-depth their individual projects. Also, on how the projects are interconnected to make Tezos (XTZ) the perfect DeFi and NFT ecosystem. More on the Projects As previously indicated, the projects include; Opus Dei Money Protocol – It is a decentralized multi-chain platform for trading, creating, and exchanging digital assets. Simply put, it is also a peer-to-peer (P2P) lending and borrowing platform, accepting Tezos assets as collateral. Interestingly, Opus Dei is also a community-governed money protocol. This means that major decisions need to be approved by community members. Opus Dei will also facilitate the development of DeFi-as-a-Service (DaaS), Gebo wallet, and DAO function
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network. The Polygon integration follows the stablecoin being added to the Avalanche and Kusama blockchain networks. Tether Joins the Polygon Blockchain Ecosystem The largest stablecoin by market capitalization, tether (USDT), is now supported on the Polygon blockchain (formally called Matic). USDT's market valuation today is $72.6 billion and the stablecoin trade volume is $59.15 billion out of the $106.34 billion in global trade volume on Friday. Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks In addition to Polygon, USDT is supported on the Omni Layer blockchain, Ethereum, Tron, EOS, Liquid, Algorand, Solana, Bitcoin Cash (SLP), Kusama, and Avalanche. Furthermore, €195,998,829 worth of EURT, ¥20,503,468 worth of CHNT, and 226,289 XAUT (tether gold) have been issued by t