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TechFlow reported on November 21 that, according to Whale Alert monitoring, around 4:16 AM Beijing time, Tether Treasury minted an additional 1 billion USDT on the Ethereum network. Tether CEO Paolo Ardoino stated this was an authorized but unissued transaction, meaning the tokens will serve as inventory for the next issuance request and on-chain exchanges.
According to Whale Alert monitoring, around 4:16 am Beijing time, Tether Treasury minted an additional 1 billion USDT on the Ethereum network. Tether CEO Paolo Ardoino stated that this was an authorized but not yet issued transaction, meaning the newly minted tokens will serve as inventory for the next issuance requests and on-chain exchanges.
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