Tether Treasury has minted 1 billion authorized but unissued USDT on the Ethereum network
PANews reported on November 9th, according to Whale Alert monitoring, about 8 hours ago Tether Treasury minted an additional 1 billion USDT on Ethereum. Tether CEO Paolo Ardoino stated that this is an authorized but unissued transaction, meaning it 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.
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