The USDT was announced on the Avalanche network.

According to Xunlei Financial Institutions and Public Financial Institutions Today, according to Coin Dance statistics, more than half of the 257 countries in the world recognize Bitcoin as legal. Divided by income, over 70% of countries that consider or restrict Bitcoin to be illegal are low or middle income, and high income about illegal Bitcoin. From a Bitcoin status perspective, over 60% of companies believe Bitcoin has some financial advantage. In the past, China has also experienced a Bitcoin boom, regulators have noted the financial risks this may pose, and Bitcoin's attitude has gradually shifted towards cautious restrictions. At a recent Boao meeting for Asia, the bank's central bank chairman Li Bo said he was working on a regulatory framework for bitcoin and coin consolidation. Some existing regulations in developed countries abroad are worth studying, for example, franchise licenses received by many countries have brought significant benefits.