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Tether Limited destroyed 500 million tokens USDT

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Tether Limited burned 500 million tokenized American dollars USDT. Details of the relevant transaction are available here .

The official statement said that approximately 466 million USDT remained in Tether treasury, which will be used for future emissions. The company stressed that the process of destruction and release of new tokens is clearly prescribed in the whitepaper.

Some users of social networks have expressed the opinion that it is generally good for the cryptocurrency ecosystem:

“More Steablocoins – Less Tether”

User Jordan was upset that he did not get at least 5 million USDT from this amount:

Earlier, BlockchainJournal reported that against the background of the emergence of all-new steybcoinov Tether capitalization is gradually decreasing .

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