Binance appears to move value transfers to Solana from Tron and Ethereum

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Crypto exchange Binance appears to have shifted how it moves money to market makers and other exchanges. On-chain activity tracked on Solana’s public block explorer indicates that flows previously routed through Tron and Ethereum are now being redirected to Solana. The blockchain offers transaction fees under one cent and sub-second finality. Binance has not confirmed this change, and neither the scale nor the permanence of the shift is known. For Tron, losing Binance as a rail for cheap stablecoin transfers, particularly USDT, would represent a significant blow to one of its defining use cases.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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