Tether Mints $3B USDT In One Week: Where Did It All Go?

Tether Mints $3B USDT In One Week: Where Did It All Go?

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Source: TheMerkle.com

Tether (@Tether_to), the issuer of the world’s largest stablecoin, recently minted an impressive $3 billion USDT in just one week. The big question on everyone’s mind is: where did all this USDT flow?

According to on-chain data, since August 5, approximately $3.22 billion USDT has been transferred from Tether’s treasury to various cryptocurrency exchanges.

Of this amount, $1.75 billion USDT made its way to major platforms like Kraken, OKX, Coinbase,

Read More https://themerkle.com/tether-mints-3b-usdt-in-one-week-where-did-it-all-go/

The post "Tether Mints $3B USDT In One Week: Where Did It All Go?" appeared first here TheMerkle.com.

Source: TheMerkle.com

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