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Tether to Perform $2 Billion USDT Chain Swap to Ethereum

Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockc...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Tether to Perform $2 Billion USDT Chain Swap to Ethereum
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains. Through this procedure, crypto users […]

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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