Tether Transferring 500M USDT to Binance Minting 2B USDT on Ethereum

On November 6th, Tether minted 2 billion USDT on Ethereum and transferred 500 million USDT to Binance within 30 minutes, as reported by BlockBeats news. Tether plans to coordinate with thi

rd-party trading platforms to convert some of its USDT cold wallets from different blockchains to USDT on ETH. This process is ongoing, and the total supply of USDT will remain unchanged.

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