Asia’s largest cryptocurrency exchange Huobi has made coordinated transfers of nearly half a billion dollars with stablecoin issuer Tether (USDT) amid FUD news.
Tether January 13 from the official social media account in his postfrom the Ethereum network for Huobi (ERC-20) to the TRON network (TRC-20) 400 million USDT announced that he would make the exchange. After the transfer, there was no change in the total supply of USDT.
Investors on social media Huobi’s lost users in recent days regain various indications that he may be pursuing such an initiative for predictions conducted. Huobi and Justin Sun various over the past few weeks. to speculation and to the allegations became the subject. Huobi’s from work extraction their plans and staff with cryptocurrencies. wage imposition In addition to the spread of allegations that institutional customers’ activities with Huobi. has been terminated seen.
It allows users to transfer their assets between different networks. network swap, Generally on multi-network exchanges being carried out. The presence of the user who wants to exchange the network, aim After creating the transfer request to the network, it is sent to the relevant network and the same amount of assets is deducted from the balance of the user in the network to which the transfer is made. being deleted.
