According to Lookonchain monitoring, after Tether Treasury minted 2 billion USDT, a whale/institution received 261.6 million USDT from Tether Treasury and deposited it into Binance.

1.Tether signs MOU with Uzbekistan NAPP to promote the development and adoption of stablecoins and digital asset tokenization

According to official sources, Tether has announced a memorandum of understanding (MOU) with the National Agency of Project and Program Management (NAPP), responsible for cryptocurrency regulation and development in the Republic of Uzbekistan, with the aim of positioning Uzbekistan as a central hub for peer-to-peer and blockchain technology, exploring and promoting the development and adoption of blockchain technology, stablecoins, and digital asset tokenization in Uzbekistan, while stimulating economic growth and innovation in the region. It is reported that Tether will focus on supporting the development of Uzbekistan's legal framework and regulatory policies for cryptocurrency assets, promoting the development and implementation of Uzbekistan's digital currency, exploring the potential of asset tokenization mechanisms, and analyzing and improving Uzbekistan's digital currency payment infrastructure.

Whale Alert data shows that at 16:33:59 on March 8th (Beijing time), Tether Treasury minted 1 billion USDT on the Ethereum network.

Tether announced today that it has signed a Memorandum of Understanding (MOU) with the National Agency of Project and Technology Development responsible for cryptocurrency regulation and development in the Republic of Uzbekistan (NAPP). This strategic partnership aims to position Uzbekistan as a hub for peer-to-peer and blockchain technology, sparking a revolution in innovation and economic growth. Tether CEO Paolo Ardoino said, "We are excited to partner with the National Agency of Project and Technology Development in the Republic of Uzbekistan (NAPP) to explore the enormous potential of blockchain, stablecoins, and peer-to-peer telecommunications technology in Uzbekistan. This partnership reflects Tether's commitment to promoting innovation and responsible development of the global digital asset ecosystem."

According to official sources, the circulation of TRC20-USDT has exceeded 53.8 billion, reaching a historical high. As of now, the number of accounts holding TRC20-USDT has reached 38.78 million, with a total transfer volume of over 1.58 billion.

The circulation of Tether USDT has now exceeded $100 billion, according to an article by Unfolded.

PeckShield has monitored that Tether has blacklisted the following addresses: 0x44c9503188827034377353a9f6d876eea15933c9 (balance: 20.01 million USDT); 0xc20dcb6c4fec2516e21cf52648177721e2744988 (balance: 500,000 USDT); 0xc0c9baf6bb9b932eef4a60267aa8c530af5cb62c (balance: 500,000 USDT); 0xf2c678b283b58ac43b9975d13ab3f7ce87422ce0 (balance: 217.12 thousand USDT).

Whale Alert monitoring data shows that approximately 100 million USDT was transferred from Tether Treasury to an unknown wallet about 4 minutes ago, worth $100,099,999.

Tether, the issuer of the stablecoin USDT, announced the launch of an official recovery tool that allows USD migration between blockchains. Users will be able to verify ownership of their address on an unresponsive blockchain and the recipient address on another supported blockchain before transferring USDT.