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Binance Sees $280 Million USDT Net Inflow in 24 Hours

The cryptocurrency exchange recorded substantial USDT inflows, indicating increased user deposits within a single day.

USDT

Summary

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Terms & Concepts
  • USDT (Tether): A stablecoin pegged to the US dollar, commonly used for trading and transferring value in the cryptocurrency market.
  • Net Inflow: The total value of assets deposited into a platform minus withdrawals over a given period, indicating net capital movement.