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Huobi says all is fine amid massive USDT exchange deposits and BTC withdrawals

Crypto Twitter has been abuzz with speculation about a large amount of Tether (USDT) flowing into the Huobi crypto exchange. Significant amounts of Bitcoin (BTC) also appear to have exited the platform during the same period. The Singapore-based entity recently issued a statement claiming all is well."We have noticed that

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Tether’s (USDT) Daily Trade Vol. Eclipses BTC’s, MarketCap Hits $13b

Last updated:August 28, 2020Quick summary:Tether’s daily trade volume has eclipsed Bitcoin’s.Similarly, Tether’s 7-day average transfer value has flippened BTC’s.USDT’s market cap has now hit $13 Billion hinting that Tether could eventually edge out EthereumThis year, the stablecoin of Tether (USDT) has continually broken records. To begin with, in mid-July, Tether’s

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