#Wormhole introduces a new mechanism that makes transferring USDT between blockchains (Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain and Avalanche) easier and cheaper.

$USDT will be exchanged to xUSDT, sent through Wormhole, and then exchanged back to native USDT on the blockchain you want to transfer to. This process has low fees (0.02% - 0.04%), does not require gas on the destination chain and is very simple, requiring only one operation via the Portal application.