Skip to content

xpool.eu

crypto news aggregator

by: xpoolPosted on: April 21, 2025

Tether Destroys $1.498 Billion USDT on Ethereum Network

Tether has conducted a significant move on the Ethereum network, destroying over $1.498 billion worth of Tether stablecoins (USDT). The transaction was reported by Whale Alert at 16:45 UTC+8. This follows a prior report indicating that Tether minted 1 billion USDT on the Tron network.

Related posts:

  1. Tether’s Dominant Position: Unpacking the Crypto Lending Landscape
  2. Bank of America Enters Stablecoin Race, Challenging Tether and Circle
  3. Tether Mint $1 Billion in USDT on TRON, Reflecting High Stablecoin Demand
  4. Tether Issues Another Billion USDT: Implications for Market Liquidity and Transparency
Ethereum Stablecoin Tether

Post navigation

Previous PostPrevious Michael Saylor’s Bitcoin Strategy: A Force Driving Market Growth
Next PostNext South Korea’s Central Bank Sets Course for Stablecoin Regulation

#BTC AI Altcoin Altcoins Binance Bitcoin Blockchain BlockDAG Cardano Coinbase Crypto Cryptocurrency Crypto Market Crypto Regulation DeFi Dogecoin ETF Ethereum Finance Fintech Investment MAGACOINFINANCE Market Analysis Market Trends Market Volatility Meme Coins Pi Network Presale Price Prediction Qubetics Regulation Ripple SEC Security Shiba Inu Solana Stablecoin Stablecoins SUI Tariffs Technical Analysis Trading Trump Web3 XRP

Copyright © 2025 xpool.eu
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}