On Wednesday, the decentralized exchange (DEX) Beethoven X sent $300,000 in treasury stablecoins from Fantom to Ethereum; protocol builder Byte Masons did the same with ether (ETH) and USD coin (USDC) it used in trading pools. Earlier this week, DeFi yield farm Beefy sent $200,000 in tokens owned by Binance from Fantom to BSC at the request of the world’s largest exchange.
Source: https://www.coindesk.com/business/2023/06/01/as-multichain-wobbles-some-fantom-based-defi-projects-flee-bridged-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines