120,000,000 #USDT (121,137,048 USD) minted at Tether Treasury
Tx: https://whale-alert.io/transaction/ethereum/b660538fe58e472e226fdcab18bc9f230a71ca94486b04fdb70218ceeef54709 …
PSA: 120M USDt 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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Ok bot
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This made me laugh
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How does this work exactly? Is there a document I could read on this topic?
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https://medium.com/@thecaspiancey/whats-behind-tether-cfde9e2199c8 … https://www.bloomberg.com/news/articles/2019-08-07/tether-mafia-318-crypto-addresses-control-most-of-stablecoin … https://cointelegraph.com/news/the-strange-story-of-tether-the-digital-money-that-claims-it-isnt-money/amp … https://en.m.wikipedia.org/wiki/Tether_(cryptocurrency) …
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Shame of you ..
Thanks. Twitter will use this to make your timeline better. UndoUndo
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So, this is being minted to meet *expected* demand? There's been quite a lot of these lately.
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1 billion minted in one month .. lol .. RIP BTC / RIP CRYPTO MARKET
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