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Tether Treasury Moves $500 Million in USDT to Binance via Tron
The transfer followed a same-sized Binance transaction through Ethereum about an hour earlier, possibly reflecting a cross-chain swap.

Tether Treasury transferred 500 million USDT to Binance through Tron at 10:07 a.m. ET (14:07 UTC) Friday, following a same-sized transfer from Binance to Tether Treasury through Ethereum about an hour earlier.
The two transactions moved equal amounts of USDT across different blockchains. The sequence may reflect a cross-chain swap, with the later transfer sending the tokens to Binance on Tron after the earlier Ethereum transaction.
The transfers involved 500 million USDT between Tether Treasury and Binance.