The Near Protocol announced via Twitter on Wednesday that its native USDT stablecoin is now available for deposit and withdrawal on Binance. According to the team, this latest development opens up USDT access in the NEAR ecosystem to millions of Binance users globally.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees.NEAR is trading at $2.179, up by 8% in the last 24 hours.