$400 Million USDT Moved from Binance to Tether Treasury
Blockchain data shows a large-scale transfer of 400 million USDT from cryptocurrency exchange Binance to Tether's Treasury wallet.
USDT
Summary
No Summary provided as the original text is short
Terms & Concepts
- USDT (Tether): A stablecoin pegged to the US dollar, issued by Tether to maintain a 1:1 value ratio.
- Tether Treasury: The official wallet used by Tether to issue, redeem, and manage USDT supply.
- Binance: A global cryptocurrency exchange platform offering trading of digital assets.