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Tether Transfers 1.5 Billion USDT from Tron to Ethereum | Flash News Detail | Blockchain.News

Tether Transfers 1.5 Billion USDT from Tron to Ethereum

11/18/2024 3:03:32 PM

Tether Transfers 1.5 Billion USDT from Tron to Ethereum

According to Paolo Ardoino, Tether has executed a significant blockchain transfer involving 1.5 billion USDT, moving the stablecoin from the Tron network to the Ethereum network. This action suggests a strategic reallocation of Tether's liquidity, potentially impacting the trading dynamics and liquidity pools on both blockchain platforms. Traders should monitor any resulting shifts in liquidity and market conditions on these networks. (Source)

Ethereum Tether TRON USDT Paolo Ardoino

More from Paolo Ardoino (@paoloardoino): Paolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,