Tether Treasury has minted 1 billion USDT on the Ethereum network
Whale Alert monitoring data shows that at 20:09:59 Singapore time, Tether Treasury minted 1 billion USDT. Tether CEO Paolo Ardoino stated that this is to supplement the Ethereum network with 1 billion USDT in inventory, which is an authorized but unissued transaction. This means that this amount will be used as inventory for the next issuance request and chain exchange.
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
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%
Data: The current Crypto Fear & Greed Index is 29, indicating a state of fear.
Trending news
MoreCrypto prices
More
