USDT/USDC on FTM was actually done by Multichian? Many friends watched the fun and found that it was actually their own house that collapsed🤣Let’s briefly talk about how to know which U on which chain is the official native asset. If not, how to know which cross-chain bridge supports it, SAFU!

USDC: After entering the official website homepage, scroll down to FAQ, there is a statement that USDC is native on 8 chains, Ethereum/Solana/Avalanche/TRON/Algorand/Stellar/Flow/Hedera, and other chains are bridge assets https://circle.com/en/usdc

Although USDC on Polygon has obtained official support from Circel and can be deposited and withdrawn directly from Circle accounts, it is still officially bridged by Polygon rather than native. However, Circle's official willingness to support it shows that it still has a certain degree of recognition of its security.

USDT: All natively supported chains are listed on the Traspanrency page of the official website. It can be noticed that the "Omni" here is the so-called ancestor of BRC20 that OG has frequently mentioned recently. USDT was initially issued on BTC/Omni.

If it is not a native asset chain, then what cross-chain bridge is supporting it? We can query it through DeFillama. Enter the Stablecoins TAB on the left and click USDC to see what bridge is supporting USDC of each chain (5/n) https://defillama.com/stablecoins

If you can’t find it on DeFillama, you can only Google it, or look for information on a blockchain browser. For example, FTMScan points out that USDC is supported by Multichain.

Of course, you will be surprised to find that L2 U is still non-native. But don't panic, L2 is based on XXXXXX technology. In short, these mainstream L2 bridge assets are generally safer than L1. You can go to @l2beat

Let's take a quick look at the risks. Yes, after reading this, I think you will understand that the complaints about the OP team's slow work are not groundless. (7/n) https://l2beat.com/scaling/risk

In short, try to hold the native assets of the mainstream chain. Otherwise it will become: Not your keys, not your coins. But your coins are issued by Multichain!

Update: Binance has contacted the issuer of USDC/USDT and is expected to support native USDC/USDT on BNB Chain