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Alex
@obchakevich_
Co-founder @paggaapp. Advisor @oobit. Trusted by Visa, Forbes, Polygon, and others. Prev @utexocom
Joined October 2018
2.3K Following    67.1K Followers
USDT volume on @Revolut rose to $855m per week amid news of the delisting. The monthly volume hit an all-time high of $2b An important point to note: this is not a surge in demand. It is an outflow. Users are withdrawing USDT to self-custody and other platforms while the window is still open. he peak will almost certainly occur at the end of July (when deposits close) and in the second half of August (the deadline for forced conversion), after which volumes at these addresses will drop to near zero.
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🚨BREAKING: USDT volume on @Revolut has risen to nearly $2B in the first part of July amid news of the delisting. Based on my data, customers are actively exchanging and selling solana:Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB on Revolut to beat the August 31 deadline, when access to USDT will be completely shut down on Revolut.
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