Over $124 Million USDT Moved from Binance to Ceffu
Blockchain data shows a major transfer of Tether (USDT stablecoin) from Binance to Ceffu, indicating potential custodial or internal asset reallocation.
USDT
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Terms & Concepts
USDT (Tether): A widely used stablecoin pegged to the U.S. dollar, designed to maintain a fixed value of $1 per token.
Binance: A leading global cryptocurrency exchange offering trading, staking, and other digital asset services.
Ceffu: A custodial service platform linked to Binance, providing secure storage and management for institutional crypto assets.