Tether has issued 3 billion USDT in the past week, and 3.22 billion USDT have flowed to exchanges since August 5

According to Lookonchain monitoring, Tether issued 3 billion additional USDT in a week. On-chain data shows that 3.22 billion USDT have flowed from Tether Treasury to exchanges since August 5. 1.75 billion USDT flowed into Kraken, OKX, Coinbase, Binance and Bullish.com through Cumberland, and 1.29 billion USDT flowed into Kraken through the deposit address "TQef1".