Advertisement

Tether Mints $1 Billion USDT on Ethereum

Tether’s treasury wallet minted 1 billion new Tether tokens (USDT) on the Ethereum blockchain on 20 August, according to data from blockchain explorer Etherscan
By: DeepNewz
Tether Mints $1 Billion USDT on Ethereum

Tether’s treasury wallet minted 1 billion new Tether tokens (USDT) on the Ethereum blockchain on 20 August, according to data from blockchain explorer Etherscan.

The single transaction, executed at 11:37 a.m. UTC and recorded under hash 0x5e59ee3e1d04c711467130581de3e9da4f5eae9cc763664e13ef34cb82df65b8, increases the supply of the dollar-pegged stablecoin by roughly $1 billion.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Advertisement

Get an edge in Crypto with our free daily newsletter

Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri

90k+ Defiers informed every day. Unsubscribe anytime.