1.25 Billion USDT Transferred from Tether Treasury to HTX Exchange

A large-scale stablecoin transfer valued at approximately $1.249 billion USD was moved from Tether Treasury to HTX, signaling significant market activity.

USDT

Summary

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Terms & Concepts
  • USDT (Tether): A widely used stablecoin pegged to the U.S. dollar, issued by Tether Limited.
  • Tether Treasury: The central wallet system used by Tether Limited for issuing, redeeming, and transferring USDT.
  • HTX: A cryptocurrency exchange platform, previously known as Huobi.