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Tether Treasury minted 2 billion USDT on Ethereum at around 1:07 Beijing time

Tether Treasury minted 2 billion USDT on Ethereum at around 1:07 Beijing time

CointimeCointime2024/11/12 00:11
By:Cointime

On November 12th, according to Whale Alert monitoring, Tether Treasury added 2 billion USDT to Ethereum at around 1:07 am Beijing time. Paolo Ardoino, CEO of Tether, commented that this was an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain exchanges.

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