Tether issued USDT worth $266 million yesterday and redeemed USDT worth $103 million
According to ChainArgos monitoring, on May 3, Tether conducted a large-scale issuance and redemption activity. A total of 266 million USDT was issued that day, while 103 million USDT was redeemed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US spot Bitcoin ETFs log highest inflow day since June, two-month high in total value
Following a seven trading day streak of inflows and bolstered by the rising price of Bitcoin, the total assets held by US-based spot Bitcoin ETFs has reached a two-month high.Friday also marked the largest inflows to the funds since early June, a nearly four-month high.
FBI seizes $6M from crypto scammers targeting US citizens
Vitalik Buterin Proposes Ethereum Ecosystem Alignment Concept