Over $131 Million in USDT Moved from Binance to Ceffu
A large transfer of more than 131 million USDT (Tether stablecoin) was recorded from Binance to Ceffu, highlighting ongoing major fund movements between related crypto entities.
USDT
Summary
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Terms & Concepts
USDT (Tether): A widely used stablecoin pegged to the U.S. dollar, designed to maintain a 1:1 value with USD.
Binance: One of the world's largest cryptocurrency exchanges, offering trading, wallet, and staking services.
Ceffu: An institutional-grade crypto custody platform associated with Binance, providing secure asset management solutions.