Back

$100M USDT Transferred from Abraxas to Tether Treasury

Blockchain data shows a 100 million USDT transaction from crypto entity Abraxas to Tether’s central treasury wallet.

USDT

Summary

No Summary provided as the original text is short

Terms & Concepts
  • USDT (Tether): A widely used stablecoin pegged to the U.S. dollar, issued by Tether.
  • Tether Treasury: The central wallet managed by Tether for issuing and redeeming USDT.
  • Blockchain Transaction: A recorded transfer of digital assets verified on a blockchain ledger.