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Understanding Chain Swaps: How USD₮ Moves Across Blockchains
In this video, we break down the process of a chain swap—a method that allows cryptocurrencies like Tether’s USD₮ to move seamlessly across different blockchains. Learn how chain swaps give traders the flexibility to access multiple blockchains, such as Ethereum, Tron, and Solana, with their USD₮ holdings.
Discover the differences between small chain swaps on exchanges and large-scale swaps managed directly with Tether. We also explain why mints and burns might occur after a chain swap, ensuring a smooth transfer without altering the total USD₮ in circulation.
Explore the potential of Tether on multiple blockchains and understand how chain swaps keep USD₮ accessible and efficient in the ever-evolving crypto ecosystem.
Learn more: https://tether.io/news/explained-chain-swaps/
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