Tether burned two billion Tether USDt (USDT) tokens from its treasury, reducing the number of authorized tokens.
Crypto-market participants use USDT for trading and liquidity.
Digital Currency
The burn reduced the number of authorized tokens. Crypto-market participants use USDT for trading and liquidity.

Tether burned two billion Tether USDt (USDT) tokens from its treasury, reducing the number of authorized tokens.
Crypto-market participants use USDT for trading and liquidity.
A transfer of the same amount was dated Nov. 1, but the two transactions do not establish Binance’s overall USDT flow.
Stellar said an earlier $200 million USDT milestone was reached in fewer than 10 weeks. Separately, the Stellar Development Foundation reported a 121% quarterly increase in stablecoin transfer value in the third quarter of 2026.
The 539 million USDT figure is Binance’s net transfer balance for the 24-hour window, not its gross deposits.