Over $1.1 Billion USDT Moved from Tether Treasury to HTX Exchange

A massive stablecoin transfer highlights significant liquidity activity involving Tether Treasury and crypto exchange HTX.

USDT

Summary

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Terms & Concepts
  • USDT (Tether): A U.S. dollar-pegged stablecoin used for trading and payments across blockchain networks.
  • Tether Treasury: The central reserve wallet system used by Tether to issue, redeem, and manage USDT supply.
  • HTX Exchange: A cryptocurrency trading platform formerly known as Huobi, offering spot and derivatives markets.