Tether has issued an additional 1 billion USDT on the Ethereum network, authorized but not yet distributed
According to Whale Alert monitoring, Tether issued an additional 1 billion USDT on the Ethereum network.
Tether's Chief Technology Officer Paolo Ardoino stated that this was an authorized but unissued transaction, meaning that the 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
Investment bank Cantor Fitzgerald lowers Strategy's target price by 59% to $229, but maintains "Overweight" rating
Yield Basis has activated the fee switch
Solana’s largest treasury company FWDind launches its own AMM platform “BisonFi”
Trending news
MoreCrypto prices
More
