Bitcoin (BTC) $76,676.64 -0.54%
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Solana (SOL) 84.935901 -0.10%
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Market Cap: $2,557,594,794,866

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CoinGape

2022-11-18 19:11:30

Solana Loses $1 Billion In USDT to Ethereum Due To FTX Collapse

Solana Loses $1 Billion In USDT to Ethereum Due To FTX Collapse

A $1 billion chain transfer to convert USDT from the Solana blockchain to the Ethereum blockchain was just announced by stablecoin issuer Tether. During this process, Tether noted that there won’t be any change in the total supply of the number of tokens. Tether’s Chain Swap Events The announcement comes as Solana, which was among The post Solana Loses $1 Billion In USDT to Ethereum Due To FTX Collapse appeared first on CoinGape .

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