Wallet Reveals USDT Support – Users Can Swap and Store SLP-Based Tether

During the first week of July,’s Wallet added a number of new features including a portfolio breakdown and honestcoin (USDH) swapping abilities. With the latest update this week, Wallet users can now store the SLP-based stablecoin tether (USDT) in their wallets as well.

Tether (USDT) is the most popular stablecoin in the crypto ecosystem to-date and Wallet users can now store, send, and receive the stablecoin at any time. recently reported on how the firm Tether Limited utilized the Simple Ledger Protocol technology in order to issue over 6 million SLP-based USDT. Today there are 6,001,007 SLP-based tethers in circulation according to statistics provided by

So similar to having the ability to hold any SLP token, the Wallet now allows users to store, send, and receive SLP-based tether (USDT). It is important to note that tether (USDT) is minted on a number of different blockchains. ETH-based tethers or other types of USDT coins not minted with the Simple Ledger Protocol, will not be compatible with the Wallet software.

The Wallet offers a method for people to obtain the SLP-based tethers by using the in-app swap features. Wallet Reveals USDT Support - Users Can Swap and Store SLP-Based Tether
It’s worth noting that the website is not available in certain countries including the U.S.

The Wallet allows users to swap coins by leveraging the application. The process is intuitive and it only takes a few minutes to swap coins using’s client. Users can swap bitcoin cash (BCH), bitcoin (BTC), honestcoin (USDH), and tether (USDT) using the wallet software.

In order to swap bitcoin cash for SLP-based tethers, simply tap the “swap” button on the bottom of the wallet’s home screen and it will direct you to the in-app swapping window.

From here you can select which coin you want to trade, and the other day our newsdesk swapped $6 worth of BCH for 6 tethers. The swapping feature shows a…

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