Over $103 Million in USDT Moved from DeepCoin to Cobo

Blockchain data shows a substantial transfer of the stablecoin Tether (USDT) from cryptocurrency exchange DeepCoin to the custody platform Cobo.

USDT

Summary

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Terms & Concepts
  • USDT (Tether): A U.S. dollar-pegged stablecoin used for transactions and as a store of value in the cryptocurrency market.
  • DeepCoin: A cryptocurrency exchange platform facilitating trading of digital assets including stablecoins and other tokens.
  • Cobo: A digital asset custody and wallet service provider offering secure management of cryptocurrencies for institutions and individuals.