Home » today » Business » Tether Moves 1 Billion USDT From TRON Blockchain To Ethereum

Tether Moves 1 Billion USDT From TRON Blockchain To Ethereum

Stablecoin Issuer Tether Transferred 1 Billion USDT from Blockchain TRON (TRC-20) на Ethereum (ERC-20).

Bitcoin exchange Binance could have initiated the swap, but neither Tether nor Binance have confirmed this yet. The Whale Alert bot has recorded matching transactions between Binance and Tether’s treasury address.

Issuing USDT to Ethereum after swap reached 8.497 billion. The total supply of stablecoin, according to CoinGecko, at the time of writing is 12.664 billion.

A day earlier, Tether reported on the release of USDT on the OMG Network is a second layer solution for Ethereum.

Read more about Tether here.

What is Tether?

Subscribe to ForkLog news on Telegram: ForkLog Feed – the entire news feed, ForkLog – the most important news and polls.

Found a mistake in the text? Select it and press CTRL + ENTER

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.