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Bitfinex moved $222.7M USDT to Tether Treasury amid routine internal transfers in October

Market News
31 Oct 2026, 03:50 WIB
Crypto Briefing
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Neutral
Bitfinex moved $222.7M USDT to Tether Treasury amid routine internal transfers in October

In October 2026, Bitfinex transferred 222.7 million USDT to the Tether Treasury as part of several large internal transfers between the two sister companies under the parent company iFinex. These moves, totaling nearly a billion USDT over the month, are routine liquidity adjustments and bookkeeping activities rather than market-driven redemptions or new issuances. Despite the large volume of transfers, the USDT stablecoin maintained its dollar peg and market stability was unaffected. This transparency and stability reinforce confidence in USDT as a reliable stablecoin during periods of market activity or uncertainty.

USDT remains stable on Pluang with a price of Rp18.122 and a slight 1-day decline of 0.17%. The stablecoin shows strong market interest, with a market cap of Rp3.262,31 trillion and 73% of order activity on the buy side. These figures are current as of Oct 31, 2026 08:01 WIB.

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