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Tether moves $500M USDT to Binance on Tron after a matching Ethereum transfer, hinting at a cross-chain swap.

Market News
09 Oct 2026
Tokenpost
View Source
Neutral
Tether moves $500M USDT to Binance on Tron after a matching Ethereum transfer, hinting at a cross-chain swap.

Tether Treasury transferred 500 million USDT to Binance via the Tron blockchain shortly after Binance sent the same amount back to Tether Treasury through Ethereum. This sequence of equal transfers across different blockchains likely indicates a cross-chain swap of USDT tokens. Such moves highlight ongoing liquidity management and interoperability efforts between major crypto platforms. Investors should watch for similar large transfers as indicators of market activity or strategic positioning.

USDT trades at Rp17.857 on Pluang, showing a slight 0.10% decline as of Oct 09, 2026 21:32 WIB. The stablecoin's market cap stands at Rp3.294,64 trillion with a 24-hour volume of Rp1.590,16 trillion. Binance Coin (BNB) is priced at Rp13.234.980, down 2.32%, with a market cap of Rp1.764,38 trillion. These figures highlight active trading and liquidity in both assets during the reported cross-chain USDT transfers.

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