








150,000,000 #USDT ($150,000,000 USD) minted at Tether Treasury
Tx: http://whale-alert.io/transaction/ethereum/974df415696175020d70f5f56d52649557c3283e7d1505c1ce7804cf006a8b5a …
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What exactly does that mean? We printed it, but we promise not to spend it?
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Just it means that these tethers were created in the treasury wallet that will be used to full fill future issuance requests.
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No, it means that we keep a buffer to fill new issuances as the wires come in. We calculate this figure also based on past weeks issuance stats.
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I get very nervous when see stuff like this...I wish people just used Dai instead. Atleast Dai is fully transparent.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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