Why Did Tether Just Destroy Another $1.8 Billion Worth of USDT?

Tether has burned a massive $1.8 billion USDT via a single Ethereum transaction, according to data flagged by Whale Alert. The transaction permanently removed 1,799,478,900 USDT from circulation, originating directly from the Tether Treasury address. This latest burn was a followup to a similar $2 billion USDT removal on March 1, bringing the total destroyed […] The post Why Did Tether Just Destroy Another $1.8 Billion Worth of USDT? appeared first on Coin Edition.