According to Spot On Chain, in the past 12 hours, Tether Treasury deposited 1.845 billion USDT to exchanges on Ethereum. Binance: 1.706 billion Coinbase: 101.70 million pieces OKX: 20 million pieces Kraken: 17.86 million Notably, this injection comes after Tether Treasury minted 2 billion USDT on Ethereum last night and destroyed 1 billion USDT on Tron. Over the past year, Tether has issued 37 billion USDT on Ethereum and Tron.