Express

Tether Now Available On Ethereum Sidechain OMG Network

Janelle Fox

Summary: Bitfinex’s Tether (USDT) stablecoin has integrated with the newly launched plasma-based Ethereum sidechain, OMG Network, formerly known as OmiseGo. According to an announcement on Monday, this is the first time that Tether has integrated with an Ethereum sidechain to increase performance. Tether is the biggest “gas guzzler” on the Ethereum network at 8,900 ETH (around ...

Bitfinex’s Tether (USDT) stablecoin has integrated with the newly launched plasma-based Ethereum sidechain, OMG Network, formerly known as OmiseGo.

According to an announcement on Monday, this is the first time that Tether has integrated with an Ethereum sidechain to increase performance. Tether is the biggest “gas guzzler” on the Ethereum network at 8,900 ETH (around $1.84 million) in fees spent last month, according to ETH Gas Station.

By Janelle Fox

Last Update:

Tags: ,,,,,
Link: Tether Now Available On Ethereum Sidechain OMG Network   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 1 day ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago

    • You need to login to comment.