Tether Burns $2.5B USDT on Ethereum, Largest Single-Day Reduction Since February
2026-07-08 12:07

Woofun AI data shows that Tether Treasury burned $2.5 billion USDT on Ethereum on July 7, the largest single-day reduction since February 10. This event surpasses the $2 billion burn recorded on May 8.

USDT flows via Tron to Binance have lowered the exchange's balance to approximately $806 million, breaching the $1 billion threshold. This represents the lowest level since December 29, 2025, when the balance stood at $391 million.

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Tags:
USDT
Tether
CryptoQuant
Binance
Ethereum
Tron
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