Tether Burnt 447M $USDT Accrued via Chain Swaps, Total $USDT Supply Not Changed

Paolo Ardoino, the CTO of Tether, tweeted that Tether had burnt 447M TUSDT from Omni treasury, accrued via past chain swaps towards Tron and Ethereum chains. These tokens were authorized but not issued, just sitting in the treasury, so no change of the total $USDT supply is to be expected.
Source

Tether

USDT

Stablecoins

In This Article

Related News
Daily Market Wrap | Nov. 27 Daily Market Wrap | Nov. 27
Daily Market Wrap | Nov. 26 Daily Market Wrap | Nov. 26
Daily Market Wrap | Nov. 25 Daily Market Wrap | Nov. 25
Daily Market Wrap | Nov. 19 Daily Market Wrap | Nov. 19
Daily Market Wrap | Nov. 14 Daily Market Wrap | Nov. 14
Latest News More More
2 Days Ago Daily Market Wrap | Nov. 28
6 Days Ago Daily Market Wrap | Nov. 24
Nov 21 Daily Market Wrap | Nov. 21
Nov 20 Daily Market Wrap | Nov. 20
Nov 18 Daily Market Wrap | Nov. 18
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open