A massive amount of Tether (USDT), the most popular stablecoin in the crypto market, has been minted at Tether treasury.
According to a tweet by @whale_alert, a service that tracks large cryptocurrency transactions, one billion USDT were minted on the Ethereum network, which could indicate a surge in demand for the token.
However, Paolo Ardoino, the CTO of Bitfinex and Tether, quickly clarified that the minting was not an issuance but an inventory replenishme
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Author: Julius Mutunkei
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