Tether issues an additional 1 billion USDT (authorized but not yet issued)
Data monitored by Whale Alert shows that at around 5:35am Beijing time, 1 billion USDT (worth $999,565,000) was minted at Tether Treasury. Tether's CEO Paolo Ardoino stated that this 1 billion USDT was a replenishment of Tron network inventory. This is an authorized but unissued transaction, meaning that the increased supply will be used for the next issuance request and 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
Asia holds crypto liquidity, but US Treasurys will unlock institutional funds
[Initial Listing] Bitget Will List KernelDAO (KERNEL) in the Innovation, LSD and DeFi Zone.
Uniswap front-end transaction fees have reached $182.88 million
Trump Exempts Tech Devices from New Tariffs
Trump exempts smartphones, computers, and chips from new tariffs, easing pressure on the tech and crypto industries.Major Tech Relief as Trump Exempts Devices from TariffsCrypto Sector Also Stands to BenefitPolicy Shift Aims to Stabilize Markets
Trending news
MoreCrypto prices
More
