Tether (USDT) Accelerates Switch to Ethereum Network

A new wave is sweeping exchanges, as market operators are switching between the Omni-based version of Tether (USDT), and issuing Ethereum-based tokens. Binance became the first exchange to start the process which is essentially a token swap, as it had one of the biggest hauls of USDT.

Bittrex has taken up the task next, as well as lesser exchanges:

https://twitter.com/BittrexExchange/status/1158427033128620032

Currently, Tether is on the way to switching all Omni coins, and the network carries more than 1.55 billion coins. The total number of USDT has also grown in the past couple of days, to 4.039 billion tokens, once again coinciding with a strong upward drive in …

This article appeared first on Cryptovest

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