# Ethereum Rollup Hermez Network, To Be Used by Tether, Goes Live

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7703
Published: 2021-03-24T10:20:04.000Z
Updated: 2021-03-24T10:20:04.000Z
Section: Investing

> Hermez Network – a Layer 2 throughput solution for moving tokens and Ether on the cheap – is now live on the Ethereum mainnet.

Hermez Network – a Layer 2 throughput solution for moving tokens and Ether on the cheap – is now live on the Ethereum mainnet.

The network – which will be used by stablecoin giant Tether – will initially support five assets including ether, wrapped Bitcoin, Dai, Tether and the Hermez token, the team said in a press release. Support for more assets will be added in the coming months.

[Coinness](<https://coinness.com/>)



## Links in this article

- [Coinness](https://coinness.com)
