Binance: Will exchange 1.25 billion USDT-TRX for USDT-ETH with Tether
ChainCatcher message, Binance tweeted that after 17:30 on June 16, Binance will directly exchange 1.25 billion USDT-TRX for USDT-ETH with the Tether team to ensure stablecoin liquidity for users across all chains.
Binance stated, "If users see any significant movement of USDT from their Binance wallets today, this is the reason. The funds are safe." (source link)
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