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Why Hasn’t Tether Burned a Single USDT Token on Ethereum?

Why Hasn’t Tether Burned a Single USDT Token on Ethereum? | CoinCodex

Flipside Crypto has recently noticed that Tether has not burned a single one of their Ethereum-based USDt tokens Paolo Ardoino, CTO of both Tether and Bitfinex, confirmed that they burn the USDt on Tron and Omni networks, but store the unissued and unbacked ERC20 USDt in their inventory for future market demand Analysts from Flipside Crypto have recently noticed that Tether has not burned a single USDt token on the Ethereum network.