The firm will work with Binance to perform a chain switch, converting Tron to Ethereum ERC20, for 3 billion USDT. The total supply of #tether will not change during this operation.
This procedure enables traders to gain access to the different blockchains that support the cryptocurrency they are holding, allowing them to utilize their digital assets on these other supporting blockchains.
For example, because Tether (USDt) is on the Omni, Ethereum, Tron, EOSIO, and Liquid blockchains, users can use their USDT holdings to gain access to any of these five blockchains. A trader can “switch” the blockchain on which their USDt is now functioning for another supporting blockchain.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…
With the platform facing a cracked whip, Trump Media company is expanding into new business…
Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
This website uses cookies.
