The number of different stablecoin tickers and token standards is fragmenting liquidity across the crypto ecosystem and burdening users with a poor experience that is costly, technical,and time-consuming, according to onchain sleuth ZachXBT.
Cross-chain bridging restrictions, data-ct-non-breakable=”null” href=”https://cointelegraph.com/explained/transaction-fees-explained”>gas and transaction fees that must be paid in the native token of the blockchain being used, and a lack of universal token support across exchanges are all obstacles users face in transferring stablecoins across the crypto ecosystem, ZachXBT data-ct-non-breakable=”null” href=”https://x.com/zachxbt/status/1984211750351446269″ rel=”noopener nofollow” target=”_blank”>said. He gave the following… lockquote>
