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500 Million USDT Transferred From Binance to Tether Treasury

500 Million USDT Transferred From Binance to Tether Treasury

A new report describes a separate 500 million USDT transfer from an unknown wallet to Binance, but the source is too brief to support a verified update to the existing topic.

USDT

Fact Check
Multiple Whale Alert reports confirm that 500 million USDT was transferred from Binance to the Tether Treasury on March 17, 2026. These transactions are part of a series of large movements between the two entities, likely related to a chain swap as evidenced by reciprocal transfers of the same amount.
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Terms & Concepts
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether, widely used for trading and payments in crypto markets.
  • Tether Treasury: The issuer-controlled treasury wallet used to manage USDT supply, including issuance, redemption, and internal treasury movements.
  • Stablecoin: A cryptocurrency designed to maintain a stable value, often by being pegged to a fiat currency such as the U.S. dollar.