It’s Official! CMCC Exchange Finally In MOU With Tether (USDT)

   

That’s true! 

Asia’s major Arbitrage company and blockchain-focused venture capital firm CMCC Exchange has entered into an MOU with Tether, a global initiative offering benefits of both traditional currency and blockchain technology. 

  

In the Blockchain ecosystem, CMCC Exchange is a leading investor and was brought into operations in 2019. The company being Asia’s first Arbitrage company has been launched to create revenue from different prices among developing countries. With offices in North America (Canada) and Asia (Hong Kong), the company offers cryptocurrency quotes for all its members. The firm has been focusing on short-term investments and relying on technology differentiation to investment opportunities.  

CMCC Exchange has been facilitating the movement of value rather than just information, in order to introduce the blockchain technology as an essential element of the Internet era. The company has achieved a lot of support from the industry including Bittrex, BTC Traders, Ambisafe, Omni, BitFinex and Kraken. The company has the ability to attract high investor activity while reducing risks and offering safe and secure access to the competitive market at the same time something to look forward to for both the cryptocurrency traders and potential investors.  

With the motive of teaming up with companies with a clear path to adoption and to leverage global relationships to benefit the associating companies in bridging the East-West divide, CMCC Exchange has recently come into an MOU with Tether (USDT) to widen their investment initiatives in the blockchain ecosystem. This step has been taken to contribute to the pioneer collaboration and interoperability within the ever-growing digital asset space.  

Tether is a part of effective modernization in the blockchain area that has made it simple to convert any fiat currency into a corresponding cryptocurrency. Tether, since its commencement in 2014, has acted as an essential part of the blockchain ecosystem through the means of strategic intersection of distributed and traditional finance and has also rapidly developed to become the most widely-used stable coin protocol. It is in the form of a token backed by real assets, including Euros and USD. It offers protection from the volatility of cryptocurrencies and empowers numerous businesses including Payment processors, wallets, exchanges, ATMs and other financial services to effortlessly make use of fiat-backed tokens on blockchains. By leveraging the Blockchain Technology, Tether enables you to store, send and collect digital tokens person-to-person, instantly and securely on a global level for a fraction of the price of alternatives.

   

Being a leading investor in the Blockchain technology, for CMCC Exchange, this MOU plays a vital role as macroeconomic experts and stakeholders in the cryptocurrency ecosystem understand that the global rise of digital currency has driven the markets and the demand for Tether. Tether has become profoundly successful simply because of its ability to be liquid, stable and redeemable. With their pursuit for a just, wide-ranging and borderless economy, Tether offers the perfect platform upon which to further the impression of CMCC Exchange, contributing directly to the development and distribution of blockchain value transfer.