update 18 August 2021

Tether Payments Now Available on PornHub

On the 22nd January 2020, Pornhub announced the addition of two new payment options. USDT is one of the options added, a cryptocurrency stablecoin, and is the sixth-largest market cap.

Paypal halted supporting Pornhub two months ago due to issues concerning regulatory compliance. In return, cutting off the Paypal payroll of the models and actors on its website. Some time ago, nations banned banking services in facilitating porn websites to stop human and drug trafficking. Nevertheless, the industry continues to prosper, having several sex workers.

Therefore, cryptocurrency has come in handy to support porn actors’ livelihoods since the USDT-Tether payments are available on Pornhub.

More on USDT-Tether

The USDT-Tether is a stablecoin with the highest liquidity and the most mainstream in the cryptocurrency domain. Its aggregate market cap is over $4.6 billion. The stablecoin is currently operating on five platforms, including OMNI, ETH, TRX, EOS, and Liquid Chain. 

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Its allocation on OMNI, TRX, and TRX is 32.9%, 48.7%, 19.4%, respectively, and is below 1% on EOS and Liquid Chain. For the stablecoin to grow outside, cryptocurrency exchanges may get achieved through introducing stablecoin payments. The stablecoin payments do not have the volatility aspect of cryptos. They are currently utilized to hedge an individual’s value in FIAT on exchanges when trading cryptocurrencies.