Tether transferred $500 million worth of its stablecoin USDT to Binance, a major cryptocurrency exchange. This large inflow could increase trading liquidity and stablecoin circulation on Binance, potentially supporting higher trading volumes. However, the actual impact depends on market supply and demand dynamics, with traders closely monitoring Binance's activity and USDT circulation in the coming days. The move underscores USDT's importance as a liquid asset in crypto markets amid mixed signals in the broader crypto environment.
Tether's USDT maintains a substantial market cap of Rp3.295,8 trillion on Pluang as of Oct 22, 2026, 10:41 WIB, with a 24-hour trading volume of Rp1.272,6 trillion. The stablecoin's price is steady at Rp18.004, showing a modest 0.16% increase in the past day. Binance Coin (BNB) also shows positive momentum, trading at Rp13.345.883 with a 0.27% gain and a market cap of Rp1.755,51 trillion, reflecting active trading interest on the platform.
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