The EOS price is currently rallying following the major milestone achieved by the EOS ecosystem with the listing EOS/USDT at Binance.
KEY TAKEAWAYS
- Users can now seamlessly transfer USDT into and out of EOS networks with the new listing
- It also exposes EOS ecosystem to huge economic activity.
- EOS traded at $0.9908, a rise of 5.60% in 24 hours.
Binance is currently the world’s largest cryptocurrency exchange and the listing of EOS/USDT offers a great opportunity for the greater EOS ecosystem. EOS users will have the ability to transfer USDT seamlessly in and out without having convert USDT or use a third party bridge.
EOS/USDT for Binance
EOS/USDT will be listed on Binance for seamless transfers. This will boost other EOS initiatives, such as Yield+. Yield+ offers yield incentives to EOS DeFi apps based on USDT and EOS. EOS/USDT will make it easier for project team members to pay workers with the USDT stablecoin.
EOS’s listing in Web3 is an indication of the network’s achievements in the competition landscape. It is likely that EOS will be promoted to be the preferred network for USDT transactions.
EOS price
Since news broke about the EOS price, it has been rising steadily amid a larger crypto market recovery.
Coingecko data indicates that EOS’s price has dropped by approximately 12.3% in the last 30 day. This recovery is a huge boost for the EOS community.
