Around 1:07 Singapore time, Tether Treasury minted an additional 2 billion USDT on Ethereum
According to Whale Alert monitoring, Tether Treasury minted an additional 2 billion USDT on Ethereum around 1:07 a.m. Singapore time. Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used for the next issuance request and chain exchange inventory.
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Data: A newly created address withdrew 8,686 ETH worth $24.41 million from an exchange