Omni is a platform that enables the creation and trading of custom digital assets and currencies on top of the Bitcoin blockchain. It uses the Omni Layer protocol for communication, which allows for the creation and management of digital assets. The native token of the Omni platform is OMNI, which is used to pay for transaction fees and as collateral for creating custom digital assets. One of the most popular use cases of the platform is the creation of stablecoins, such as Tether (USDT), which are digital assets pegged to the value of a real-world asset. Overall, the Omni platform and its native token OMNI offer a flexible and customizable framework for the management of digital assets, particularly stablecoins, on top of the Bitcoin blockchain.
