Tether Mints $1 Billion USDT, Transfers to Bitfinex; Plans $167 Billion USDT Launch on Bitcoin Blockchain
Tether Treasury minted $1 billion worth of USDT stablecoins on August 27, 2025. Following the minting, several large transfers of USDT took place, including 100 million USDT moved from Tether Treasury to Bitfinex and subsequent transfers involving Binance, Aave, and Bitfinex wallets. Other notable cryptocurrency movements included over 321 million TRX tokens transferred from Justin Sun to an unknown wallet and then to HTX, as well as substantial transfers of SOL, XRP, and ETH tokens between major exchanges and wallets. Additionally, Tether announced plans to launch USDT on the Bitcoin blockchain with a valuation of $167 billion, marking a major development for Bitcoin integration.
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