- Justin Sun transferred $198 million in crypto via USDC.
- The crypto community raised eyebrows about the huge withdrawal.
- Tron network is set to introduce a Chinese currency-pegged stablecoin TCNH.
Justin Sun, the founder of the Tron blockchain and the Houbi crypto exchange advisor, recently cashed out $198 million in crypto via a stablecoin issuer, Circle. Twitter crypto tracker, Lookonchain, unveiled the transaction, noting that Sun moved the funds across multiple chains and outlets.
Justin Sun transferred 198M $USDC to #Circle to cash out in the past 2 days.He transferred $198M $USDC to #Binance on the TRON network and withdrew $198MThe post Justin Sun Cashes Out $198 Million Via Stablecoin Issuer Circle appeared first on Coin Edition.