Tether is set to collaborate with Binance to carry out a chain swap worth $1.6 billion in USDT

Tether has announced its partnership with Binance to conduct a swift USDT chain swap. The process is expected to be completed within a few minutes, during which 1.6 billion USDT will be converted from Tron to Ethereum ERC-20 tokens. It's important to note that the total Tether supply will remain unchanged throughout the process.

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