Contents
1 Billion USDT Minted by Tether Treasury on Ethereum Network
Tether Treasury’s Latest Transaction
Details of the Transaction
Recent monitoring by Whale Alert revealed that Tether Treasury minted a substantial 1 billion USDT on the Ethereum network in the early hours of the morning.
Statement from Tether CEO Paolo Ardoino
Explanation of the Transaction
CEO Paolo Ardoino confirmed that this was an authorized but unissued transaction. The newly minted USDT will be held in reserve for future issuance requests and on-chain exchange purposes.
Disclaimer from PANews
Important Information for Readers
Readers should note that the views expressed in this article are solely those of PANews’s columnist and do not necessarily reflect the opinions of PANews as a whole. This article does not constitute investment advice, and PANews does not accept any legal liability for the content presented.
Disclaimer:
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
