$BOB / USDT Update – August 20, 2025

Key Highlights:

1. USDT Upgrade to OpenUSDT (oUSDT)

The BOB network has upgraded its USDT contract to OpenUSDT (oUSDT), enabling smooth cross-chain stablecoin liquidity via Chainlink CCIP and Hyperlane. Existing USDT holders must manually migrate to oUSDT through a 1:1 swap on the BOB App’s migration page. A swap contract with $1 million oUSDT liquidity is available on a first-come, first-served basis until October 29, 2025. After that, migration requires bridging via BOB or OpenUSDT bridges.

2. BOB/USDT Trading Price

BOB/USDT is trading around 0.00000508 USDT, down −44.72% in the last 24 hours. Prices recently ranged between 0.00000597 and 0.00000733 USDT, with averages near 0.00000705 USDT.

3. BOB Network Bridged USDT Stability

BOB Network Bridged USDT remains highly stable at approximately $0.9998 USDT. In PKR, 1 USDT ≈ ₨284.02, showing minimal daily fluctuations.

Current BOB Price: 0.00000006773 (+0.39%)

#BOBUpdate #Bob #Crypto