Foresight News reports that Whale Alert monitored Tether Treasury minting 2 billion USDT on Ethereum around 1:07 AM Beijing time. Tether CEO Paolo Ardoino stated that this is 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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Tether Treasury mints 2 billion USDT on Ethereum early this morning
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