08 Could Bitfinex Launches Tether (USDt) Deposits and Withdrawals on Kaia
ROAD TOWN, Tortola, British Virgin Islands – 8 March, 2025 – Bitfinex (https://www.bitfinex.com), a premier digital asset buying and selling platform, introduced at the moment that clients can now deposit and withdraw Tether tokens (USDt) on Kaia. By integrating USDt with Kaia, Bitfinex goals to leverage the blockchain’s excessive throughput and environment friendly transaction capabilities, offering customers with a seamless expertise for sending and receiving stablecoins with out counting on exterior wallets.
Kaia is a layer-1 blockchain ecosystem shaped from the merger of Klaytn and Finschia, two networks initially developed by messaging giants Kakao and LINE, which collectively serve a person base of roughly 250 million folks. Kaia’s method to integrating Mini Dapps inside messaging apps similar to LINE and KakaoTalk is designed to assist on a regular basis customers simpler entry to blockchain-based companies, and to ease a transition into Web3 applied sciences.
“Tether’s USDt stands as some of the broadly adopted stablecoins, and making it accessible on Kaia aligns with our mission to carry digital belongings nearer to on a regular basis use,” mentioned Anoush Bhasin, Head of Listings at Bitfinex. “Our assist of USDt on Kaia opens a direct channel for our clients to get pleasure from quick, cost-efficient transactions in an ecosystem constructed to welcome new customers.”
Tether’s USDt is the primary and most generally used stablecoin available on the market, reporting a market capitalisation of over $144 billion. Pegged 1-to-1 to the US greenback, it’s designed to take care of a secure worth and has grow to be a core part of crypto markets.
Following this newest integration, Bitfinex clients at the moment are capable of deposit USDt throughout 20 blockchains and withdraw USDt throughout 15 blockchains*. This contains Algorand, Avalanche, Bitcoin Money’s Easy Ledger Protocol (SLP), Ethereum, EOS, Liquid Community, Omni, Polygon, Polygon zkEVM, Tezos, Tron, Solana, Polkadot, Kusama, the Close to Community, Kava, Celo, The Open Community, Aptos and now, Kaia.
*Deposits of USDt on Kusama, Bitcoin Money SLP, EOS, Algorand and Omni Layer blockchains have been prolonged till 01/09/2025. See the complete announcement right here.
To study extra, clients can go to https://www.bitfinex.com/.
*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please notice that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from straight or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com.
About Bitfinex
Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art companies for merchants and international liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex supplies entry to peer-to-peer financing, an OTC market and margin buying and selling for a wide array of digital tokens. Bitfinex’s technique focuses on offering unparalleled assist, instruments, and innovation for skilled merchants and liquidity suppliers around the globe. Go to www.bitfinex.com to study extra.
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