Tether CTO said on Twitter that USDT issuer Tether processed about $700 million in USDT redemptions in the past 24 hours, and no new USDT was issued. According to the Binance platform, the exchange rate of BUSD to USDT is 1:1.014.
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Tether: Processed approximately $700 million USDT redemptions in the past 24 hours
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