What is a blockchain bridge?
A blockchain bridge enables the transfer of assets between different blockchains. Since blockchains are isolated systems, a bridge locks assets on one chain and mints equivalent assets on another chain.
How bridges work
- You deposit USDT on Ethereum into the bridge contract
- The bridge locks your USDT on Ethereum
- The bridge mints an equivalent amount of USDT on BSC
- You now have BSC USDT (BEP-20) in your wallet
To reverse: burn BSC USDT → unlock Ethereum USDT.
Bridge risks
Bridges are the most frequently hacked component of DeFi. Major bridge hacks include:
- Ronin Bridge ($625M, 2022)
- Wormhole ($320M, 2022)
- Nomad Bridge ($190M, 2022)
The risk comes from the bridge contract holding large amounts of locked assets — a high-value target.
How to move USDT to BSC safely
- Binance — deposit USDT on Ethereum, withdraw as BEP-20 USDT (cheapest, safest)
- Official BSC Bridge — bridge.bnb.org
- Multichain/Stargate — third-party bridges (higher risk)
Minimising bridge risk
- Use official bridges or centralised exchanges for large amounts
- Bridge only what you need; don't leave assets in bridge contracts
- Verify bridge contract addresses carefully