60,000,000 #USDT (59,984,149 USD) minted at Tether Treasury
Tx: https://whale-alert.io/transaction/ethereum/a3fca7989e934701554ef21fe85e7104062fe976e90a0f6e714bb99c303fa80d …
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.
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Previous $120MM has been issued completely?
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They’re using their own supply. That’s how price is still over $6K. When they need actual usd, they’ll stop buying BTC and go short for a while. Rinse/repeat.
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Why only $60M, why not $500M ?
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Please tell me that all these minted USDT are covered with normal usd
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Tether doesn't have banking so its not backed.
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When audit.
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replenish lol okay. you are right
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