News/Tether Burnt 447M $USDT Accrued via Chain Swaps, Total $USDT Supply Not Changed

Tether Burnt 447M $USDT Accrued via Chain Swaps, Total $USDT Supply Not Changed

Jul 04,2022,10:39
Paolo Ardoino, the CTO of Tether, tweeted that Tether had burnt 447M TUSDT from Omni treasury, accrued via past chain swaps towards Tron and Ethereum chains. These tokens were authorized but not issued, just sitting in the treasury, so no change of the total $USDT supply is to be expected.
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