Tether Treasury Burns 3.1 Billion USDT on Tron Chain as Part of Chain Swap
10ou
0x8318
June 22nd, 2023

Whale Alert monitoring shows that Tether Treasury destroyed 3.1 billion USDT on the Tron blockchain at 21:40 today. Tether tweeted earlier that the destruction was part of past cycle chain swaps. The total USDT supply will not change during this process.

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Arweave Transaction
cQk5BZMSJxxKRZz…QpcFFKMdR3mJ1QA
Author Address
0x8318560D49802Bd…54A4b9F12A94e8f
Content Digest
XEu2iB_YLmKDOkd…oS6J-23T3croAw0