Tether on Ethereum Network Issues 1 Billion USDT and Transfers 183.2 Million to Cumberland
Publication Time:2024-08-14 10:01:07
According to Golden Finance, Tether successfully issued 1 billion USDT on the Ethereum network, and recently transferred 183.2 million USDT to the Cumberland platform in a large-scale transfer activity. This action appears to be aimed at supporting Cumberland's deposit activities for exchange platforms. Since August 5th, Cumberland has received a cumulative supply of 953 million USDT from Tether, and through various channels, has injected a total of 906.7 million USDT into multiple CEX platforms including Coinbase, Kraken, OKX, Binance, and Bullish. These transaction activities reflect the growing demand for stablecoins in the market, as well as Tether's significant role in providing liquidity.
USDT
Ethereum
CEX
Tether
Cumberland