{"id":"polygon-bridged-usdt","title":"Polygon Bridged USDT","content":"**Polygon Bridged USDT (Polygon USDT)** is a representation of the [Tether](https://iq.wiki/wiki/tether) [stablecoin](https://iq.wiki/wiki/stablecoin) on the [Polygon](https://iq.wiki/wiki/polygon) network. It is designed to provide users with a stable value asset for transactions and [decentralized finance](https://iq.wiki/wiki/defi) activities within the [Polygon](https://iq.wiki/wiki/polygon) ecosystem. The [stablecoin](https://iq.wiki/wiki/stablecoin) is intended to maintain a 1:1 [peg](https://iq.wiki/wiki/currency-peg) with the US dollar. [\\[2\\]](#cite-id-21GZnFEzKI)\n\n## Overview\n\n![](https://ipfs.everipedia.org/ipfs/QmWkftdht3tUHoax4s7NGWDx3Lc3nKgcdnn88m16rzsng5)\n\n[USDT](https://iq.wiki/wiki/tether) was launched natively on the [Polygon](https://iq.wiki/wiki/polygon) network in May 2022. This integration enhanced the [Polygon](https://iq.wiki/wiki/polygon) ecosystem by providing a widely used [stable asset](https://iq.wiki/wiki/stablecoin) for various applications, including trading, lending, and [yield farming](https://iq.wiki/wiki/yield-farming). Before the native issuance, USDT was accessible on [Polygon](https://iq.wiki/wiki/polygon) through bridging mechanisms from other [blockchains](https://iq.wiki/wiki/blockchain), primarily [Ethereum](https://iq.wiki/wiki/ethereum).\n\nThe introduction of native [USDT](https://iq.wiki/wiki/tether) on [Polygon](https://iq.wiki/wiki/polygon) was intended to support the network's growth and offer users a stable medium of exchange that could help mitigate the effects of market volatility within the [Polygon](https://iq.wiki/wiki/polygon) environment. [Tether's](https://iq.wiki/wiki/tether) CTO [Paolo Ardoino](https://iq.wiki/wiki/paolo-ardoino) commented on the integration:\n\n> \"The \\[\\[Polygon] - (https://iq.wiki/wiki/polygon)] - (https://iq.wiki/wiki/polygon) ecosystem has witnessed historical growth this year,\" Tether chief technology officer \\[Paolo Ardoino] - (https://iq.wiki/wiki/paolo-ardoino) said in a statement. \"We believe Tether will be essential in helping it continue to thrive.\" [\\[4\\]](#cite-id-XwE7cFJdLK)\n\n## Technology\n\n[Polygon](https://iq.wiki/wiki/polygon) Bridged USDT operates on the [Polygon](https://iq.wiki/wiki/polygon) [Proof-of-Stake (PoS)](https://iq.wiki/wiki/proof-of-stake) chain. As a bridged or natively issued token on [Polygon](https://iq.wiki/wiki/polygon), it represents an equivalent amount of USDT held on another [blockchain](https://iq.wiki/wiki/blockchain), typically [Ethereum](https://iq.wiki/wiki/ethereum), or is directly issued on the [Polygon](https://iq.wiki/wiki/polygon) chain by Tether. The underlying mechanism ensures that each [Polygon](https://iq.wiki/wiki/polygon) Bridged USDT token is backed by reserves, maintaining its peg to the US dollar. The [Polygon](https://iq.wiki/wiki/polygon) network's architecture allows faster and lower-cost transactions than the [Ethereum](https://iq.wiki/wiki/ethereum) [mainnet](https://iq.wiki/wiki/mainnet), making USDT transfers and usage more efficient within the [Polygon](https://iq.wiki/wiki/polygon) ecosystem. [\\[1\\]](#cite-id-x2WyqrMYZS) [\\[2\\]](#cite-id-21GZnFEzKI)\n\n## Features\n\n[Polygon](https://iq.wiki/wiki/polygon) Bridged USDT is designed to maintain a 1:1 [peg](https://iq.wiki/wiki/currency-peg) with the US dollar and operates on the [Polygon](https://iq.wiki/wiki/polygon) [Proof-of-Stake](https://iq.wiki/wiki/proof-of-stake) [blockchain](https://iq.wiki/wiki/blockchain). It enables stable value transfer across the [Polygon](https://iq.wiki/wiki/polygon) network and can be moved between chains through bridge protocols. The token is also integrated into various [DeFi](https://iq.wiki/wiki/defi) applications on [Polygon](https://iq.wiki/wiki/polygon), serving as a key asset for trading, lending, and liquidity provision. [\\[2\\]](#cite-id-21GZnFEzKI) [\\[3\\]](#cite-id-pdoP01UdM9)","summary":"Polygon Bridged USDT (USDT) is a stablecoin issued by Tether on the Polygon network. It allows users to access and participate in the Polygon DeFi ecosystem using a USD-pegged asset. It was launched on Polygon in May 2022.","images":[{"id":"QmUoj4VU6csbu4Vxgj6YXCeBx2yQKoRvii9RvYCGNFePU7","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"cryptocurrencies"}],"tags":[{"id":"Stablecoins"},{"id":"Polygon"}],"media":[{"id":"QmWkftdht3tUHoax4s7NGWDx3Lc3nKgcdnn88m16rzsng5","type":"GALLERY","source":"IPFS_IMG"}],"metadata":[{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/polygon-bridged-usdt-polygon"},{"id":"website","value":"https://portal.polygon.technology/"},{"id":"contract_url","value":"https://polygonscan.com/token/0xc2132d05d31c914a87c6611c10748aeb04b58e8f"},{"id":"polygonscan","value":"https://polygonscan.com/token/0xc2132d05d31c914a87c6611c10748aeb04b58e8f"},{"id":"references","value":"[{\"id\":\"x2WyqrMYZS\",\"url\":\"https://www.coingecko.com/en/coins/polygon-bridged-usdt-polygon\",\"description\":\"CoinGecko token page\",\"timestamp\":1750352132192},{\"id\":\"21GZnFEzKI\",\"url\":\"https://portal.polygon.technology/\",\"description\":\"Polygon Portal\",\"timestamp\":1750352132192},{\"id\":\"pdoP01UdM9\",\"url\":\"https://app.intotheblock.com/coin/USDT.PB\",\"description\":\"IntoTheBlock token page\",\"timestamp\":1750352132192},{\"id\":\"XwE7cFJdLK\",\"url\":\"https://blockworks.co/news/tethers-stablecoin-lunches-on-polygon-to-support-historical-growth\",\"description\":\"Tether launch on Polygon\",\"timestamp\":1753715371231}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmWAmgnEdYpomSVeeEwKEFmSvb865Q7ApNtR7EPcsiLehp\""},{"id":"commit-message","value":"\"Add Tether founders and Polygon USDT launch event. Update citations and quote formatting.\""},{"id":"previous_cid","value":"QmWAmgnEdYpomSVeeEwKEFmSvb865Q7ApNtR7EPcsiLehp"}],"events":[{"id":"51bfaeaa-eac4-4402-9874-8be21535612c","date":"2022-05","title":"Launch Date","type":"CREATED","description":"Polygon Bridged USDT Launch Date","link":"","multiDateStart":null,"multiDateEnd":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":["polygon","tether"],"founders":["brock-pierce","reeve-collins","craig-sellars"],"speakers":[]}}