Wallet Sends 120 Million USDT to JustLend DAO Lending Platform

A wallet sent 120 million Tether (USDT), valued at about $119.86 million, to JustLend DAO. The transfer alone does not establish a loan. JustLend DAO is a decentralized platform where users can supply cryptocurrencies and borrow assets. It does not establish that the sender borrowed against the tokens or what happened to the wallet's position afterward. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.