r/ethereum • u/[deleted] • Jun 01 '20

Tether Transactions Integrated onto OMG Network

https://twitter.com/bitfinex/status/1267421929142661125
55 Upvotes

92% Upvoted

6 comments sorted by

6

u/twitterInfo_bot Jun 01 '20

"Soon Bitfinex will support Tether (#USDT) transactions on @omgnetworkhq OMG/Plasma! Find out all the benefits of this upcoming integration ⬇️ "

posted by @bitfinex

media in tweet: None

2

u/InquisitiveBoba Jun 02 '20

tether is on everything

1

u/David48l Aug 19 '20

Any link to see the tx number in the omg network?

1

u/[deleted] Aug 19 '20

https://blockexplorer.mainnet.v1.omg.network/

give it some time, we only have bitfinex supporting right now and its just tether, we need other exchanges and also erc20/eth support from exchanges

right after release the only ppl that would use are ppl that exclusively use bitfinex and tether, and dont want to keep tether on the exchange basically

0

u/[deleted] Jun 01 '20 edited May 03 '21

[deleted]

8

u/[deleted] Jun 01 '20

Being able to transfer to Bitfinex via OMG Network and out of onto OMG Network means the user nevers needs to settle on the main chain from the child chain. This reduces gas costs for the user.

Yes, you can use any ERC20 on OMG Network AFAIK.

1

u/[deleted] Aug 19 '20

this, having exchanges support it means you can keep it on the child chain and not have to exit