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TechFlow reports, according to Whale Alert data, stablecoin issuer Tether minted 1 billion USDT today on the Ethereum network at 15:56:47.
Tether's Chief Technology Officer Paolo Ardoino added that this is an authorized but not yet issued transaction on the Ethereum network, meaning the minting will be used for the next issuance request and on-chain interactions.
Tether, the stablecoin issuer, minted an additional 1 billion USDT on the Ethereum network today at 15:56:47. Paolo Ardoino, Tether's Chief Technology Officer, added that this is an authorized but not yet issued transaction on the Ethereum network, meaning the minting will be used for the next issuance request and on-chain interactions.
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