Message from an old OG in the crypto circle: Tether is indeed planning to deploy its stablecoin USDT on a blockchain specifically designed for it, to achieve nearly zero transaction fees. This chain is referred to as Stable or Plasma (different sources may use different names, but they refer to the same project). Here are the detailed answers: 1. Tether's blockchain: Stable/Plasma name: Tether is developing a Layer 1 blockchain called Stable, with some information also mentioning a sub-chain or parallel chain called Plasma. Stable is designed as a dedicated blockchain for USDT, aiming to optimize the cost, speed, and user experience of USDT transfers.

If realized, it will be a long-term negative for TRX and a short-term negative for ETH.