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Tether Rebalances $100M USDT from Tron to Ethereum via Bitfinex

  • Tether rebalanced $100 million USDT from Tron to Ethereum via Bitfinex in a routine chain swap.
  • Simultaneously, 100 million USDT was transferred from Bitfinex to Tether Treasury on the Tron blockchain.
  • The move involved swapping Tron-based USDT for Ethereum-based USDT to rebalance liquidity across networks.
  • Tether has been actively minting new tokens and adjusting its supply in response to shifting demand on different blockchains like Ethereum and Tron.

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