$1 billion USDT chain swap to Tron!

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Tether is collaborating with a major exchange to conduct an on-chain swap of $1 billion USDT, transferring it to the Tron blockchain. This move aims to enhance cross-chain liquidity without affecting the total supply of the stablecoin. The market capitalization of USDT is $137 billion, with a daily trading volume of $107 billion, dominating the stablecoin market and widely used for payments and trading. Through the on-chain swap, Tether has achieved seamless transfers between networks such as Tron and Ethereum, improving market efficiency. This operation highlights Tether's focus on liquidity in the face of criticism and regulatory pressure.

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