On the evening of 11/18 , Tether stated that it will cooperate with a third party to transfer 1 billion USDT from the Solana chain to Ethereum. The total amount of USDT will remain unchanged, but the number of each chain will increase or decrease. But did not say why.
The Solana Foundation released a network status report in the early hours of 11/19 , stating that it was not affected by the FTX incident. Increased TPS, reduced block times, promises of more transparency, and more applications currently using the chain.
A few days ago, Binance suspended the deposit of USDT and USDC on the Solana chain, and then only USDT resumed the deposit .
