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CoinGape 2023-12-26 15:46:08

Tether CEO Explains ‘Authorized but Not Issued’ USDT Transaction

On December 25th, Tether, the entity behind the world’s largest stablecoin, USDT, took a significant step to bolster its reserves. CEO Paolo Ardoino confirmed that Tether Treasury has minted an additional one billion USDT, a move described as ‘inventory replenish’ on the Ethereum blockchain. Understanding Tether’s Inventory Strategy This recent action by Tether involves creating The post Tether CEO Explains ‘Authorized but Not Issued’ USDT Transaction appeared first on CoinGape .

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