Tether Treasury minted 1 billion USDT on Ethereum
According to Whale Alert, Tether Treasury minted 1 billion USDT on Ethereum.
Tether CEO Paolo Ardoino responded that the 1 billion USDT was a supplement to Ethereum's inventory. This was an authorized but unissued transaction, which means that this additional issuance will be used for the next issuance request and cross-chain exchange inventory.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.