Tether issues an additional 1 billion USDT on the Ethereum network (authorized but not yet issued)
According to Whale Alert monitoring, Tether increased the issuance of 1 billion USDT on the Ethereum network.
In response, Tether CEO Paolo Ardoino stated that this 1 billion USDT is a replenishment of Tron's network inventory. This is an authorized but unissued transaction, meaning that this increase 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
[Initial listing] Bitget to list Theoriq (THQ). Grab a share of 3,016,600 THQ
CandyBomb x VSN: Trade VSN, XRP or SOL to share 2,931,200 VSN
New users get a 100 USDT margin gift—Trade to earn up to 1088 USDT!
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
