Back

Over $112M in USDT Moved from Cobo to Binance

Blockchain data shows a large Tether transfer from crypto custody platform Cobo to exchange Binance, signaling significant market activity.

USDT

Summary

No Summary provided as the original text is short

Terms & Concepts
  • USDT (Tether): A U.S. dollar-pegged stablecoin used for trading and value transfer in cryptocurrency markets.
  • Cobo: A cryptocurrency custody and wallet platform catering to institutional and retail users.
  • Binance: One of the world's largest cryptocurrency exchanges by trading volume.