Tether issues an additional 1 billion USDT on the Ethereum network

Source
Suehyeon Lee

Summary

  • Tether (USDT) is reported to have issued an additional 1 billion USDT on the Ethereum network.
  • According to Onchain Lens, stablecoin issuer Tether said it newly issued a total of 11 billion USDT in the past 30 days.
  • It said Tether's successive large-scale issuances could have a significant impact on market liquidity and investor trends.
Photo=Onchain Lens
Photo=Onchain Lens

It appears that Tether was additionally issued on the Ethereum (ETH) network.

On the 11th (local time), according to Onchain Lens, according to the stablecoin issuer, Tether (USDT) issued an additional 1 billion USDT on the Ethereum network.

Tether is understood to have newly issued a total of 11 billion USDT over the past 30 days.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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