Bitfinex has moved $ 5 million in USDT to the EOS blockchain

The Bitfinex Bitcoin exchange and the EOSFinex decentralized trading platform have successfully completed the cross-chain conversion of 5 million USDT to the EOS blockchain, reports Cointelegraph .

Exchanges believe this will protect decentralized EOS applications from the volatility of digital assets. According to the statement, 49 of the top 100 dApps are already running on the protocol.

The next goal is to fully launch EOSFinex on the main network.

Recall, Tether launched USDT on EOS this summer.

At the moment, USDT works on the blockchains of Bitcoin, Ethereum, TRON , Algorand and on the Liquid sidechain from Blockstream.

Tether will also launch USDT on the Lightning Network .

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