Key Takeaways

  • Tether will move 1 billion USDT coins from the TRON network to Ethereum.
  • The tokens represent around 8% of the total market cap of USDT.
  • Tether has also launched on the OMG network.

Share this article

The controversial stablecoin issuer, Tether, is set to move 1 billion USDT tokens from the TRON network to the Ethereum network, representing eight percent of the total supply of USDT on the market.

Tether to Move 1 Billion Coins to Ethereum

The amount of Tether tokens on the Ethereum blockchain will increase from 7.5 to 8.5 billion, while the supply on the TRON network will drop to 3.3 billion.  

According to reporting, an unnamed exchange had requested the maneuver. Paolo Ardoino, the CTO of Bitfinex and Tether, told Crypto Briefing: 

“A cryptocurrency exchange is willing to swap part of its Tethers from TRC20 to ERC20.”

The swap is curious given the rationale for enabling USDT transactions on the OMG network. Tether Limited said in a statement that the “integration will result in a reduction of confirmation times delivering faster payments” and that the Ethereum network is “vulnerable to severe network congestion.”   

The company first launched its TRC20 tokens on the TRON network in March 2019.

Move Follows USDT’s OMG Launch

The fourth-largest cryptocurrency by market cap is now available on seven blockchains. On the latest OMG Network launch, CTO Paolo Ardoino remarked:

“At Tether we are committed to driving innovation and improvements to our service to better support our customers. By migrating USDT value transfers to the OMG Network we save costs, drive performance improvements and relieve pressure on the root chain network. This is good for Bitfinex and our customers, and the whole Ethereum ecosystem.”

With over $10 billion worth of total supply, according to CoinMarketCap, Tether, which was first released on the Omni (Bitcoin) and Ethereum networks, now also trades on TRON, EOS, Liquid Network, Algorand, and, as of yesterday, OMG.  

Cred - earn easier

Since its launch in 2014, Tether has dominated the stablecoin space. Its supply has risen dramatically this year in response to surging demand.

At the end of March, it had a market cap under $5 billion. That figure has since doubled. 

Share this article


  1. I’m not sure exactly why but this weblog is loading extremely slow for me.
    Is anyone else having this problem or is it a problem on my end?
    I’ll check back later and see if the problem still exists.

  2. Oh my goodness! Impressive article dude! Thanks, However I am going through problems with your RSS.
    I don’t understand the reason why I can’t join it. Is there anyone else getting similar RSS problems?
    Anyone that knows the solution will you kindly respond?

  3. I’ve been exploring for a little for any high quality articles or blog posts in this kind of space .
    Exploring in Yahoo I finally stumbled upon this site.

    Reading this info So i’m satisfied to exhibit that I have an incredibly just right uncanny feeling I came upon just what I needed.

    I such a lot indisputably will make certain to don’t
    forget this site and give it a glance on a constant basis.

    My website:

  4. Hello, i think that i saw you visited my blog thus i came to
    “return the favor”.I am trying to find things
    to improve my web site!I suppose its ok to use some of your ideas!!

  5. We are a group of volunteers and starting a brand new scheme in our community.

    Your site provided us with helpful information to work on. You have done a formidable
    activity and our whole group will be grateful to you.

    Also visit my web blog – Helio Pure CBD

  6. What’s Happening i’m new to this, I stumbled upon this I have discovered It positively useful
    and it has aided me out loads. I hope to contribute &
    assist different customers like its aided me. Good job.

  7. I’m really enjoying the theme/design of your blog. Do you ever run into any web browser compatibility problems?
    A handful of my blog visitors have complained
    about my website not working correctly in Explorer
    but looks great in Safari. Do you have any
    tips to help fix this problem?

    my web page ::

  8. Thank you a lot for giving everyone remarkably special opportunity
    to read in detail from this blog. It is always
    very nice and also stuffed with fun for me personally and my office co-workers to search your website more than thrice in a week to learn the new items
    you will have. And lastly, I am also at all
    times impressed considering the fabulous strategies you give.
    Some 4 tips in this posting are unequivocally the most suitable we have
    all had.

    Look into my blog post

  9. I am extremely impressed with your writing skills as well as with the layout on your weblog.
    Is this a paid theme or did you modify it yourself?
    Anyway keep up the excellent quality writing, it is rare to see a nice blog like this
    one today.

    My web site; Speedtech Wifi Booster

  10. My husband and i were absolutely contented Edward could conclude his
    analysis by way of the ideas he gained from your very own web site.

    It’s not at all simplistic to simply always be giving out secrets and techniques some others might have been making money
    from. And we fully grasp we now have the writer to be
    grateful to because of that. All of the explanations
    you have made, the straightforward blog navigation, the relationships you can assist to foster – it is all remarkable, and it is assisting our
    son in addition to us do think the idea is entertaining, and that’s quite serious.
    Thanks for everything!

    Feel free to visit my web-site – Mega Arise Max Male Enhancement

  11. you are in point of fact a just right webmaster. The
    web site loading speed is amazing. It sort
    of feels that you’re doing any distinctive trick.
    In addition, The contents are masterwork.
    you’ve done a wonderful activity on this topic!

    my blog;

  12. Hey there, You have done a great job. I will definitely
    digg it and personally suggest to my friends. I’m sure they’ll be benefited from this web site.

  13. Hiya, I am really glad I have found this info. Nowadays bloggers publish only about gossips and web and this is actually frustrating.
    A good website with exciting content, this is what I need.
    Thanks for keeping this web site, I’ll be visiting it.
    Do you do newsletters? Can’t find it.

    Also visit my site: Mega Arise Max

  14. Hello, i read your blog from time to time and i own a similar one and i was just
    curious if you get a lot of spam feedback? If so how do you
    stop it, any plugin or anything you can suggest? I get
    so much lately it’s driving me crazy so any help is
    very much appreciated.

    My site;

  15. I like the helpful information you provide in your articles.
    I’ll bookmark your weblog and check again here frequently.
    I am quite certain I’ll learn plenty of new stuff right here!
    Good luck for the next!

  16. I visit day-to-day a few web sites and blogs to read articles or reviews, however this
    website offers feature based posts.

  17. all the time i used to read smaller posts which as well clear their motive, and that is also happening with this post which I
    am reading here.

    Also visit my page: Muama Ryoko Reviews

  18. magnificent post, very informative. I ponder why the opposite experts of this sector do not notice this.
    You should continue your writing. I’m confident, you’ve a huge readers’ base already!

  19. Tremendous issues here. I am very glad to look your post.
    Thanks so much and I am looking ahead to touch you.
    Will you kindly drop me a mail?

  20. Greetings from Ohio! I’m bored to death at work so I decided to check
    out your website on my iphone during lunch break. I love the info you present here and can’t wait to take
    a look when I get home. I’m shocked at how quick your blog loaded on my cell phone ..
    I’m not even using WIFI, just 3G .. Anyways, wonderful blog!

    my blog; Divine Dynamic Keto

  21. A person necessarily help to make severely articles I might
    state. This is the first time I frequented your web page and up to now?
    I surprised with the analysis you made to make
    this particular publish amazing. Wonderful activity!

    my site :: New Flow XL Pills

  22. We’re a gaggle of volunteers and starting a brand new scheme in our community.
    Your website offered us with helpful info to work on. You have performed an impressive process and our whole neighborhood will likely be thankful to

    my blog: Viro Valor XL Male Enhancement

  23. Thanks for the sensible critique. Me & my neighbor were just preparing
    to do some research about this. We got a grab a book from our area library but I think I learned more clear from this post.

    I’m very glad to see such wonderful information being
    shared freely out there.

    Feel free to visit my page; NZT 48 Pills Reviews

  24. Hi, i believe that i noticed you visited my blog thus i came
    to go back the favor?.I’m attempting to in finding issues to enhance my website!I suppose its adequate to make use of some of your concepts!!

    Also visit my web site … Gentille Cream Review

  25. Hi there, I discovered your web site via Google at the same time as
    looking for a related subject, your website came up, it looks great.

    I have bookmarked it in my google bookmarks.

    My website –

  26. I’ve been browsing online more than 3 hours nowadays, but I never discovered any fascinating article like yours.
    It is lovely value enough for me. In my opinion, if all site owners and bloggers made excellent content material as you
    probably did, the net can be much more useful than ever before.

    Also visit my webpage … Skyline X Drone Reviews

  27. Hello There. I found your blog using msn. This is a very well written article.

    I’ll be sure to bookmark it and return to read more of your useful info.
    Thanks for the post. I will certainly comeback.

    My web page; New Flow XL

  28. Yesterday, while I was at work, my cousin stole
    my iphone and tested to see if it can survive a forty foot drop,
    just so she can be a youtube sensation. My iPad is now destroyed and she has 83 views.

    I know this is entirely off topic but I had to share
    it with someone!

    Feel free to surf to my website: Herbivore Calm CBD Gummies

  29. I have been browsing online greater than three
    hours nowadays, yet I by no means found any attention-grabbing article like yours.
    It’s lovely worth enough for me. In my opinion, if all web owners and bloggers made
    just right content material as you did, the internet might be much more helpful
    than ever before.

    Here is my web page

  30. I still cannot quite believe that I could become one of those reading through the important tips found on your website.
    My family and I are seriously thankful for the generosity
    and for offering me the opportunity to pursue this chosen career path.

    Many thanks for the important information I managed to get from your web page.

    Review my web-site … Rhino Spark Pills

  31. I used to be suggested this website by means of my cousin. I’m now not positive whether this submit is written by way of him as nobody else recognize such specific
    about my problem. You are incredible! Thank you!

    Feel free to visit my website: Essential Nutrition Keto Review

  32. Exceptional post however , I was wanting to know if you could write
    a litte more on this subject? I’d be very grateful if you could elaborate a little bit more.

    my blog post … Blaux Classic Desktop AC

  33. I simply wanted to construct a brief note in order to thank you for some of
    the pleasant tactics you are giving out on this site.

    My extended internet investigation has at the end of the day been compensated with reliable facts
    to go over with my great friends. I would assert that many of us site visitors are unequivocally
    lucky to dwell in a great website with many perfect professionals with
    great principles. I feel pretty fortunate to have
    used your entire weblog and look forward to tons of more awesome minutes reading here.
    Thank you once more for a lot of things.

    my web site: Boltz Pro Review

  34. Wow! This could be one particular of the most beneficial blogs We’ve ever arrive across
    on this subject. Basically Wonderful. I am
    also an expert in this topic so I can understand your effort.

    Also visit my web site Slim Belly Fix Reviews

  35. Keep up the superb piece of work, I read few content
    on this web site and I think that your site is real interesting and has got circles
    of excellent info.

    Have a look at my web blog :: Slimingo

  36. Pretty section of content. I just stumbled upon your web site and in accession capital
    to assert that I get in fact enjoyed account your blog posts.
    Anyway I’ll be subscribing to your feeds and even I achievement
    you access consistently quickly.

    my page – Gentille Cream Review

  37. naturally like your web site however you have to check the spelling on several of your posts.
    Several of them are rife with spelling issues and I find it very troublesome to tell the
    reality nevertheless I’ll surely come back again.

    My web page; Gaia’s Choice CBD

  38. Whoah this weblog is wonderful i like reading your posts.
    Keep up the great work! You already know, lots of people are looking
    around for this information, you could help them greatly.

    my page: Viro Max Ultra Ingredients

  39. I’m not sure why but this blog is loading very slow for me.
    Is anyone else having this issue or is it a problem on my end?
    I’ll check back later and see if the problem still exists.

    My blog post – Phincat

  40. Thank you for the good writeup. It in fact was a amusement account it.

    Look advanced to far added agreeable from you!

    However, how could we communicate?

    Here is my webpage … Nitro Strive

  41. Hello there I am so grateful I found your website, I really found you by mistake,
    while I was researching on Yahoo for something else, Nonetheless I am here now and would just like to say thanks a lot for a incredible
    post and a all round entertaining blog (I also love the theme/design),
    I don’t have time to read through it all at the moment but
    I have bookmarked it and also added your RSS feeds, so when I have time I will be back to read much more, Please do keep up the fantastic job.

    Also visit my page: Jolt Alpha Review

  42. Great work! This is the type of info that should be shared around the net.

    Disgrace on the search engines for not positioning this submit higher!
    Come on over and visit my web site . Thank
    you =)

    Visit my web blog; Erexzen Reviews

  43. This is very interesting, You are a very skilled blogger.
    I’ve joined your rss feed and look forward to seeking more
    of your great post. Also, I have shared your website in my social networks!

    Feel free to surf to my blog post – Ultra Cut Keto Pills

  44. I think this is one of the such a lot significant info for me.
    And i’m glad reading your article. But wanna remark on few general
    things, The web site taste is ideal, the articles is in reality great :D.
    Good job, cheers.

    My web-site; Puri Royal Derma Revitalizing Moisturizer

  45. Wow, marvelous weblog structure! How long have you ever
    been running a blog for? you made blogging look easy.
    The full glance of your site is magnificent, let alone the content!

    My page; KetoBHB Plus Review

  46. You can definitely see your enthusiasm within the paintings
    you write. The arena hopes for even more passionate writers like you who
    are not afraid to say how they believe. At all times follow your heart.

    Also visit my blog –

  47. Hi there it’s me, I am also visiting this website on a regular basis,
    this web page is genuinely good and the viewers are really sharing pleasant thoughts.

    Feel free to visit my web-site …

  48. Thank you, I’ve just been looking for information approximately
    this topic for ages and yours is the best I have discovered so
    far. However, what concerning the conclusion? Are you certain in regards
    to the source?

    my blog post: Follipur Reviews

  49. of course like your website however you need to take a look at the spelling on several of your posts.
    A number of them are rife with spelling issues and I find it very troublesome to tell the truth on the
    other hand I will surely come again again.

    Also visit my site … ViroMax Review

  50. hi!,I like your writing very much! percentage we communicate more approximately your article on AOL?
    I require a specialist in this area to unravel my problem.
    Maybe that is you! Having a look ahead to peer you.

    My website; Modern Belle Reviews

  51. I am curious to find out what blog platform you happen to be using?
    I’m having some small security issues with my latest website
    and I would like to find something more safe. Do
    you have any recommendations?

    Also visit my web site … Bernardo

  52. Thanks so much pertaining to giving us an update on this matter on your web page.
    Please realize that if a brand-new post appears or if perhaps
    any alterations occur on the current article, I would be interested in reading more and finding out how to make good
    using of those methods you talk about. Thanks for your efforts and consideration of
    other individuals by making this web site available.

    Also visit my blog; Libido Boost Male Enhancement Ingredients

  53. Howdy just wanted to give you a brief heads up
    and let you know a few of the pictures aren’t loading correctly.
    I’m not sure why but I think its a linking issue. I’ve tried
    it in two different browsers and both show the same outcome.

    Have a look at my page Green Earth CBD

  54. Heya i’m for the first time here. I came across this board and I find It truly useful & it helped me out a lot.
    I hope to give something back and aid others like you helped me.

    my site :: Clinical Keto Reviews

  55. Hello there, You have done a great job. I’ll definitely digg it and personally recommend
    to my friends. I’m sure they’ll be benefited from this web site.

    Here is my web-site –

  56. Have you ever considered publishing an e-book or guest authoring on other websites?
    I have a blog based on the same ideas you discuss and would really like to have you share some
    stories/information. I know my viewers would enjoy your work.
    If you are even remotely interested, feel free to shoot
    me an e-mail.

    Feel free to surf to my blog;

  57. Good day very nice web site!! Man .. Beautiful .. Superb ..

    I will bookmark your web site and take the feeds additionally?I’m
    satisfied to seek out so many helpful information here in the submit, we want develop more strategies on this
    regard, thank you for sharing.

    My blog post;

  58. I every time used to study piece of writing in news papers but
    now as I am a user of web so from now I am using net
    for articles or reviews, thanks to web.

    Also visit my webpage :: Maxatin Pills

  59. Pretty section of content. I just stumbled upon your web
    site and in accession capital to assert that I
    get actually enjoyed account your blog posts. Any way I
    will be subscribing to your feeds and even I achievement you access consistently quickly.

    Have a look at my website … Max Keto Fuel

  60. Ahaa, its pleasant discussion about this article at this place at this website, I have read all
    that, so at this time me also commenting here.

    Here is my site: Keto Speed

  61. I would like to thank you for the efforts you have put
    in writing this web site. I’m hoping the same high-grade blog post from you in the upcoming also.
    Actually your creative writing abilities has inspired me to get my own website
    now. Actually the blogging is spreading its wings quickly.
    Your write up is a great example of it.

    Stop by my web blog

  62. Fantastic beat ! I would like to apprentice while you amend your website, how can i subscribe for a blog
    web site? The account aided me a acceptable deal.
    I had been a little bit acquainted of this your broadcast provided bright clear concept

    Also visit my web page … Max Ketosis Fuel

  63. Whoah this blog is wonderful i really like reading your posts.
    Keep up the good work! You recognize, a lot of
    individuals are hunting round for this info, you could aid
    them greatly.

    Feel free to surf to my page having sex

  64. I have been absent for some time, but now I remember
    why I used to love this site. Thanks, I will try and check
    back more frequently. How frequently you update your site?

    my web blog; children smoking

  65. I think other web site proprietors should take this site as an model,
    very clean and excellent user friendly style and design, as well as the content.

    You are an expert in this topic!

    Here is my web blog … healthy eating cookbook


Please enter your comment!
Please enter your name here