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Coin Edition 2023-06-12 14:45:00

USDT Mint on Ethereum: Tether Creates 1B Tokens for Chain Swaps

Tether, a prominent issuer of stablecoins, has recently minted 1 billion USDT tokens on the Ethereum blockchain as a means to replenish its inventory. While there are perceptions that the creation of new USDT could potentially stimulate greater demand for the crypto, Tether’s CTO, Paolo Ardoino, clarified that the minting of additional USDT tokens primarily The post USDT Mint on Ethereum: Tether Creates 1B Tokens for Chain Swaps appeared first on Coin Edition .

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