Bridged USDT – Market Cap +0.55% (24h)

Meaning

“Bridged USDT” refers to Tether tokens transferred from one chain to another via a bridge protocol (e.g., Ethereum → Polygon, Tron → BSC).

Allows USDT to be used in DeFi ecosystems across different blockchains.

Why It’s Moving

+0.55% increase means more Tether is being bridged, which could signal:

Liquidity migration into DeFi ecosystems.

Traders preparing for altcoin activity on secondary chains.

Yield farming or liquidity pool incentives on destination chains.

Implications

Increased bridging suggests capital mobility and willingness to chase yields.

Can signal an upcoming surge in multi-chain DeFi activity.

Risks

Bridge hacks remain one of the biggest security risks in crypto.

Bridged assets rely on smart contracts, which can be vulnerable.