According to Binance's official Twitter account, after 17:30 on June 16, Binance will directly work with the Tether team to exchange 1.25 billion USDT-TRX for USDT-ETH to ensure users' stablecoin liquidity on all chains. Binance said, "If users see any significant flow of USDT from their Binance wallets today, this is why. Funds are safe."
