Wu said that he learned that Tether will coordinate with a third party to execute a cross-chain transaction to transfer 1 billion USDT from the Solana blockchain to Ethereum ERC-20, and the total issuance of USDT will not change. Previously, Tether issued a statement saying that Alameda’s large-scale participation in Solana will not affect the basic functions of Solana-USDT.
Tether will coordinate with a third party to execute cross-chain transactions to transfer 1 billion USDT from the Solana blockchain to Ethereum ERC-20. The total issuance of USDT will not change.
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