Tether issued an additional 1 billion USDT (authorized but not yet issued)
On January 12th, according to Whale Alert monitoring, Tether issued an additional 1 billion USDT. In response to this, Tether's CEO Paolo Ardoino stated that this issuance of 1 billion USDT is a replenishment for the Tron network inventory. This is an authorized but unissued transaction, which means that this issuance will be used for the next issuance request and cross-chain exchange inventory.
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
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai