According to ChainArgos monitoring, on May 3, Tether conducted a large-scale issuance and redemption activity. A total of 266 million USDT was issued that day, while 103 million USDT was redeemed.
Tether issued USDT worth $266 million yesterday and redeemed USDT worth $103 million
![](https://public.bnbstatic.com/image/pgc/202303/b79ad6e3d66b98bb791352b3abb6de2c.jpg)
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