Tether Treasury minted an additional 1 billion USDT on Ethereum (authorized but not yet issued)
According to Mars Finance news, on-chain data shows that Tether Treasury minted an additional 1 billion USDT on Ethereum. Tether CEO Paolo Ardoino said that the 1 billion USDT is a supplement to the Ethereum inventory. This is an authorized but unissued transaction, which means that this additional issuance will be used for the next issuance request and cross-chain Exchange stock.
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
Bitcoin’s back above $94K: Is the BTC bull run back on?
With retail investors leaving, what will drive the next bull market?
Bitcoin has recently plummeted by 28.57%, leading to market panic and a liquidity crunch. However, long-term structural positives are converging, including expectations of Federal Reserve rate cuts and SEC regulatory reforms. The market currently faces a contradiction between short-term pressures and long-term benefits. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Tether's "son" STABLE crashes? Plunges 60% on first day, whale front-running and no CEX listing spark trust panic
The Stable public blockchain has launched its mainnet. As a project associated with Tether, it has attracted significant attention but performed poorly in the market, with its price plummeting by 60% and facing a crisis of confidence. It is also confronted with fierce competition and challenges related to its tokenomics. Summary generated by Mars AI. The accuracy and completeness of the content are still being iteratively updated.
Hassett: The Fed has ample room to cut interest rates significantly.
Trending news
MoreCrypto prices
More
