According to Wu Shuo, Whale Alert monitoring has revealed that around 4:16 AM Beijing time, Tether Treasury minted an additional 1 billion $USDT on Ethereum. Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain swaps.
According to Wu Shuo, Whale Alert monitoring has revealed that around 4:16 AM Beijing time, Tether Treasury minted an additional 1 billion USDT on Ethereum. Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain swaps.