Over $112 Million in USDT Transferred from DeepCoin to Cobo

A large stablecoin transaction moved over 112 million USDT from DeepCoin exchange to Cobo custodial platform, highlighting significant crypto fund flows.

USDT

Summary

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Terms & Concepts
  • USDT: Tether, a U.S. dollar-pegged stablecoin used for digital asset transactions.
  • DeepCoin: A cryptocurrency exchange platform offering trading and related services.
  • Cobo: A cryptocurrency custodian and wallet service which securely stores digital assets.