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Eco
@eco
The stablecoin network that makes money programmable across every major blockchain. Backed by @a16zcrypto, @FoundersFund, @PanteraCapital.
Joined September 2016
40 Following    37.7K Followers
What did it cost to move $USDT between chains? On @TokenizedPod, @PrimordialAA put it at 6 to 12 bps, if a path existed at all. Often it didn't, so issuers sent funds to a centralized exchange, waited, and withdrew on the other side. For an issuer, every one of those steps is a market their stablecoin can't reach as easily.
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