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Tether Prepares 1 Billion USDt Inventory on Ethereum
12/11/2024 1:54:53 PM
According to Paolo Ardoino, Tether has replenished its inventory with 1 billion USDt on the Ethereum network. This transaction is authorized but not yet issued, indicating that the amount will be used for future issuance requests and chain swaps. This move suggests Tether is preparing for increased demand or operational adjustments, which could impact liquidity and trading strategies involving USDt. (Source)
Ethereum Tether USDT Paolo Ardoino