Gate News bot message, Tether has executed a CEX operation of 1 billion USDT, according to recent on-chain data. This action follows Circle’s CEX of 750 million USDC. The total amount of stablecoins CEXed by both Tether and Circle has reached $20 billion since the 1011 market crash.
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Tether and Circle Continue Massive Stablecoin CEXing Following 1011 Market Crash
Gate News bot message, Tether has executed a CEX operation of 1 billion USDT, according to recent on-chain data. This action follows Circle’s CEX of 750 million USDC. The total amount of stablecoins CEXed by both Tether and Circle has reached $20 billion since the 1011 market crash.