Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Tether issues an additional 1 billion USDT (authorized but not yet issued)

Tether issues an additional 1 billion USDT (authorized but not yet issued)

Bitget2024/03/20 02:30
By:Bitget

Jinse Finance reported that data monitored by Whale Alert showed that 1,000,000,000 USDT (USD 999,565,000) was minted in Tether Treasury at around 5:35 Singapore time. Tether CEO Paolo Ardoino said that the 1 billion USDT is a supplement to the Tron network inventory. This is an authorized but unissued transaction, meaning that this additional issuance will be used for inventory in the next issuance request and chain exchange.

0
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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

a16z "Big Ideas for 2026: Part Two"

Software has eaten the world. Now, it will drive the world forward.

Block unicorn2025/12/11 20:42
a16z "Big Ideas for 2026: Part Two"

When the Federal Reserve "cuts interest rates alone" while other central banks even start raising rates, the depreciation of the US dollar will become the focus in 2026.

The Federal Reserve has cut interest rates by 25 basis points as expected. The market generally anticipates that the Fed will maintain an accommodative policy next year. Meanwhile, central banks in Europe, Canada, Japan, Australia, and New Zealand mostly continue to maintain a tightening stance.

ForesightNews2025/12/11 19:32
When the Federal Reserve "cuts interest rates alone" while other central banks even start raising rates, the depreciation of the US dollar will become the focus in 2026.

From MEV-Boost to BuilderNet: Can True MEV Fair Distribution Be Achieved?

In MEV-Boost auctions, the key to winning the competition lies not in having the most powerful algorithms, but in controlling the most valuable order flow. BuilderNet enables different participants to share order flow, reshaping the MEV ecosystem.

ChainFeeds2025/12/11 19:12
From MEV-Boost to BuilderNet: Can True MEV Fair Distribution Be Achieved?
© 2025 Bitget