60,000,000 #USDT (60,617,988 USD) minted at Tether Treasury
Tx: https://whale-alert.io/transaction/ethereum/ce7d444b273696075fa2458c49ed92571d7db6345dd58f3528525e526e977f3e …
PSA: Inventory replenish. Note this is a authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests. How it works:https://twitter.com/paoloardoino/status/1237679966306828288 …
authorization security model
1/2 Authorizing on a chain means that Tether signers needs to access private keys. We don't want signers to access those keys so frequently (many times per day). That's why we do a bulk authorization to replenish the inventory. https://twitter.com/lunato1000/status/1237660604065693696 …
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Just pump the shit out of it
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better than federal reserve! pump it, all in.. let's go!
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ol tether and the laundry machine that it isThanks. Twitter will use this to make your timeline better. UndoUndo
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It's important that in the treasury we keep an inventory of reasonable size, balance between customer demand and security requirements
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Maybe we need more fiat inflows, tether seems to be not enough, lol.
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wtf, how many of these are you gonna do?
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