400,000,000 #USDT (400,578,260 USD) minted at Tether Treasury
Tx: https://whale-alert.io/transaction/ethereum/e9550ff9c524ba1e9dd5bb298168ac664b634a59e4cdfaf91c30a24495aa84c2 …
PSA: 400M USDt inventory replenish on Ethereum Network. Note this is a authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps.https://tether.to/explained-chain-swaps/ …
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So the article says that the excess USDT will be burned. Let's see.
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