Tether has issued an additional 1 billion USDT on the Ethereum network, authorized but not yet distributed
According to Whale Alert monitoring, Tether issued an additional 1 billion USDT on the Ethereum network.
Tether's Chief Technology Officer Paolo Ardoino stated that this was an authorized but unissued transaction, meaning that the amount 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.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.