The Tether company “printed” its fifth billion USDT in April. The first one was “printed” on April 2, the next on April 3, then on April 5 and April 16.
The new billion is "printed" on the#Ethereumblockchain, according to #WhaleAlert.
Dynamics over recent months:
- April 2024 - 5 billion #USDT.
- March 2024 - 6 billion #USDT.
- February 2024 - 2 billion #USDT.
- January 2024 - 5 billion #USDT.
- December 2023 - 2 billion #USDT.
- November 2023 - 5 billion #USDT.
“Print,” let us remind you, can be used both for the entry of holders of crypto assets into stablecoins and for the injection of new liquidity into the market.#TetherCEO Paolo Ardoino's comment on today's “seal” is traditional:
"...Please note that this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period's issue requests and chained swaps"