Tether Sponsors New Version of Bitcoin Tokenization Layer Omni - Cointelegraph

Tether, the stablecoin operator behind USDT, has funded the development of the new version of Bitcoin (BTC) tokenization layer Omni. The official website further explains how the technology makes use of the Bitcoin blockchain: “Omni Core is an enhanced Bitcoin Core that provides all the features of Bitcoin as well as advanced Omni Layer features.”.

Tether CTO Paolo Ardoino commented: “As Bitcoin is the first blockchain that Tether used, Omni Core is highly valued and demonstrates good levels of security. .. It is important to note that Tether is underpinned by diversity in different blockchains, of which Omni Core has proven to be an important component.”.

Timeline of Bitcoin, Omni, Tether