Ledger hardware wallet to expand support for stablecoinsManufacturer …

Ledger hardware wallet to expand support for stablecoins

Hardware wallet maker Ledger plans to expand support for stablecoins, including improved Tether (USDT) functionality in of all their products and services. About it writes CoinDesk.

Ledger hardware wallet to expand support for stablecoinsManufacturer ...

IN present time the company supports USDT in Ledger Nano and Ledger Blue devices, but in future token can be integrated into her cryptocurrency storage service for institutional investors.

Ledger’s new Asia Pacific COO Benjamin Sun says stablecoin remains popular despite recent fluctuations in USDT.

“China and South Korea stand out in demand on USDT “, – said is he. “it associated with themes, that both countries have control per capital, limiting opportunities by their conclusion “. By him words, Chinese and South Korean investors more benevolently relate to assets, tied to the instruments of traditional market.

Beyond USDT and DAI at Ledger will be integrated other stablecoins as part of the plan to expand the custodian business company, and before end next of the year the manufacturer expects to realize support 100 different cryptocurrency assets in a service targeted at institutional investors.

Besides Togo, on his site today Ledger reports about opening new office in Hong Kong, which the will manage operations and promote the company’s services in the region.

Ledger hardware wallet to expand support for stablecoinsManufacturer ...

Recently became known, that the popular Blockchain web wallet used Ledger’s services to issue own storage devices cryptocurrencies.