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TechFlow reports that on June 16, Binance announced it would directly exchange 1.25 billion USDT-TRX for USDT-ETH with the Tether team after 17:30 to ensure users' stablecoin liquidity across all chains. Binance emphasized that if users notice any significant movement of USDT from their Binance wallets, this is the reason, and the funds are secure.
Binance announced a flash update on June 16, stating that after 17:30, it will directly exchange 1.25 billion USDT-TRX for USDT-ETH with the Tether team to ensure users' stablecoin liquidity across all chains. Binance emphasized that if users notice any significant movement of USDT from their Binance wallets, this is the reason, and all funds are secure.
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