PANews reported on November 12 that according to Whale Alert monitoring, around 01:07 am Beijing time, Tether Treasury minted 2 billion USDT on Ethereum. Tether CEO Paolo Ardoino said this was an authorized but unissued transaction, which means it will be used as inventory for the next issuance request and on-chain exchange.
Tether minted 2 billion authorized but unissued USDT on the Ethereum network in the early morning
Comment
Recommend Reading
- 2024-12-24
Argentina Orders Tether to Freeze $3.5 Million in USDT Linked to Rainbowex
- 2024-12-24
DIN official account will be taken over by AI Agent interns and will launch a special Christmas event
- 2024-12-24
Huobi HTX launches FARTCOIN perpetual contract and launches contract trading party
- 2024-12-24
Binance will launch DEXEUSDT perpetual contract
- 2024-12-24
Huobi HTX launches the 28th Hot Coin Trading Party with a prize pool of 5,000 USDT
- 2024-12-24
WOO X Research: Overview of new developments in stablecoin regulation in major regions around the world