Tether Mints 1 Billion USDT

December 26th, 2023
Tether Treasury has minted an additional 1 billion USDT on the Ethereum network, enhancing its liquidity management. Paolo Ardoino, Tether's CEO, emphasized this as a strategic "inventory replenishment", ensuring readiness for future demands and not an immediate market influx. This move underlines Tether’s role in providing market stability and its significant position with a $91.2 billion market cap.
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