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10/16/2024 10:41:23 AM (GMT+1)

Allbridge integrated USD Tether (USDT) into Solana, increasing the stablecoin's liquidity on the blockchain with 0.63% of the total supply and simplifying cross-chain transfers via EVM 🌐

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Allbridge announced the integration of USDT into the Solana network, which will enhance cross-chain interaction between Solana and EVM-based blockchains. This will increase USDT liquidity in Solana, where currently only 0.63% of the total supply is held.

The integration will simplify USDT transfers from EVM to Solana, improving the user experience, especially for beginners. The "Extra Gas" feature will help easily fund SOL wallets for more convenient use of the ecosystem.

This move supports the growing demand for stablecoin interoperability, such as USDT, which already operates on more than ten blockchains, including Tron and Ethereum.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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