Today Tether Mints 1 Billion USDT on Ethereum for Only $0.46
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September 16, 2024
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According to Arkham's monitoring, Tether minted 1 billion USDT on Ethereum today for a mere $0.46. Tether's official data shows that the USDT net circulation is $118,785,164,536.89 as of press time. Earlier today, at 13:50:47 Beijing time, Tether Treasury minted 1 billion USDT on the Ethereum chain. Tether CEO Paolo Ardoino commented that this was an authorized but unissued transaction, meaning it would be used as inventory for the next issuance request and on-chain exchange.
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