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Tether Makes New Version of Omni Happen, Major Upgrade Implemented

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Mon, 16/12/2019 - 11:15
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Tether Makes New Version of Omni Happen, Major Upgrade Implemented
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The recent Medium article by Omni Lab says that the platform famous for USDT issuance has now been updated thanks to Tether and the creator of FeatherCoin Peter Bushnell.

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The update covers several major points, including the upgrades of the Omniwallet user experience, OmniBOLT development, Omniwallet-Mobile, OmniJ, the update of the dex mechanism, etc.

Now, the update will allow exchanging Omni-based USDT with Tron, EOS, Ethereum and Liquid directly.

Presently, the largest amount of USDT has migrated to Tron, since USDT-Tron is becoming more and more popular – 916 mln.

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5.25 mln USDT circulates on EOS, 2.2 mln USDT on Ethereum, 1.56 mln on Liquid and 1.55 bln circulates on the Omni chain (working on top of the Bitcoin blockchain).

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Tron started cooperating with Tether around April this year and since then more and more USDT has been migrating to the Tron chain.

Recently, the Twitter account of Whale Alert reported that 200 mln USDT was transferred from the Omni chain to Ethereum.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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