Feb 28, 22:00
Auto generation
Tether Treasury burned a net 1B USDT
Related addresses
Total tokens transferred
1B
USDT
Tether Treasury burned a net 1B USDT, including 1B USDT minted on Tron and 2B USDT burned on Ethereum in the past 1.5 hours:
- mint transaction: 5cdd3ec92e6d2da9da2930a7019e83c53e8f730afee6677e45e66a92c45aa8a3
- burn transaction: 0xe8cde72581256742c836912734c33175ebb322dcb2fbd4e8c9d0125415d6555f
- Tron address: TKHuVq1oKVruCGLvqVexFs6dawKv6fQgFs
- Ethereum address: 0x5754284f345afc66a98fbb0a0afe71e0f007b949
Since January 1, 2024, Tether has minted a net 57B USDT across Tron and Ethereum, while burning twice:
- 2B USDT on December 31, 2024;
- 1B USDT on March 1, 2025.
Both burns followed steep BTC corrections.
Fig 1. Tether Treasury's USDT minting history since January 1, 2024.
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