TechFlow news, according to lookonchain monitoring, stablecoin issuer Tether minted $3 billion in USDT over the past week. On-chain data shows that since August 5, a total of $3.22 billion in USDT has flowed from the Tether treasury to major exchanges. Specifically:
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$1.75 billion in USDT entered exchanges including Kraken, OKX, Coinbase, Binance, and Bullish.com via Cumberland.
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Another $1.29 billion in USDT flowed into Kraken through deposit address "TQef1".
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