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Tether Burns 2.5 Billion USDT On Ethereum Treasury

Covered by 6 sources · 6 articles

6 outlets - including Coinotag, Cryptonews and Cryptobriefing and 3 more - are covering this story. USDT News Tether removed 2.5 billion USDT from circulation on the Ethereum network on 7 July, on-chain data shows, the largest single-day burn of the dollar-pegged stablecoin since February. The mo...

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Tether Burns 2.5 Billion USDT on Ethereum, Largest Supply Cut Since February
CoinOtag Jul 8, 10:41 UTC

Tether Burns 2.5 Billion USDT on Ethereum, Largest Supply Cut Since February

USDT News Tether removed 2.5 billion USDT from circulation on the Ethereum network on 7 July, on-chain data shows, the largest single-day burn of the dollar-pegged stablecoin since February. The mo...

Ethereum Price Stabilizes as Tether Burns $2.5 Billion USDT Stablecoins
CryptoNews Jul 8, 10:29 UTC

Ethereum Price Stabilizes as Tether Burns $2.5 Billion USDT Stablecoins

Ethereum is slipping by more than 2% as massive $2.5 billion USDT burn on Ethereum dragged its price prediction down.

Tether burns $3B USDT on Ethereum, largest since February 2026
Crypto Briefing Jul 8, 06:49 UTC

Tether burns $3B USDT on Ethereum, largest since February 2026

The USDT burn highlights stablecoin supply dynamics' influence on crypto markets, potentially affecting Bitcoin's price trajectory and market sentiment. The post Tether burns $3B USDT on Ethereum, largest since February 2026 appeared first…

Tether Burns 2.5 Billion USDT: What the Massive Token Reduction Means for the Crypto Market
Bitcoin World Jul 7, 21:15 UTC

Tether Burns 2.5 Billion USDT: What the Massive Token Reduction Means for the Crypto Market

BitcoinWorld Tether Burns 2.5 Billion USDT: What the Massive Token Reduction Means for the Crypto Market In a significant move that has captured the attention of the cryptocurrency market, Tether has burned 2.5 billion USDT tokens at its Tr…

Tether Burns 2.5 Billion USDT On Ethereum Treasury
Cryptopress Jul 7, 18:19 UTC

Tether Burns 2.5 Billion USDT On Ethereum Treasury

Tether burned 2.5 billion USDT at its Treasury on Ethereum, removing one of the largest stablecoin token blocks from the network this year. The transaction was valued at about $2.4977 billion at the time of the alert. The burn reduced the a…

Tether Burns 2.5 Billion USDT On Ethereum Treasury
Crypto Adventure Jul 7, 12:15 UTC

Tether Burns 2.5 Billion USDT On Ethereum Treasury

Tether burned 2.5 billion USDT at its Treasury on Ethereum, removing one of the largest stablecoin token blocks from the network this year. The transaction was valued at about $2.4977 billion at the time of the alert. The burn reduced the a…