April 29, 2025

Another 1B USDT minted at Tether Treasuries, Paolo Ardoino clarifies allocation

1 min read

Blockchain explorer Whale Alert flagged a USDT mint worth $1billion on the Ethereum network on 16th September at Tether treasury. Tether ‘s CEO Paolo Ardoino clarified that the mint was an authorized transaction and the minted tokens have not been issued. The executive noted that the minted USDT will be used as inventory replenish.

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Source: Cryptopolitan

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