BlockBeats news, on November 6, according to Onchain Lens monitoring, Tether minted 2 billion USDT on Ethereum and transferred 500 million USDT to Binance in the past 30 minutes.
BlockBeats previously reported that the stablecoin issuer Tether announced that in the next few hours, Tether will coordinate with third-party trading platforms for on-chain conversions, converting part of its USDT cold wallets from different blockchains to USDT on ETH. During this process, the total supply of USDT will remain unchanged.