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Tether issues an additional 1 billion USDT on the Ethereum network (authorized but not yet issued)

Tether issues an additional 1 billion USDT on the Ethereum network (authorized but not yet issued)

CointimeCointime2024/01/09 14:45
By:Cointime

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.

0

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.

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