The Tether company “printed” the first billion USDT in May. Let us remind you that in April as many as five of them were “printed”.
The news about the new billion somehow passed by many in the market, because for some reason it was not tracked by the#WhaleAlertservice. But the#Tronscanservice (the stablecoin is “printed” on the#Tronblockchain) makes it clear that there is a new billion#USDTfor the market, “printed” yesterday night. And, judging by the situation on the crypto market, it is printed for purchases, not for fixations.
Dynamics for 2024:
- May 2024 - so far 1 billion #USDT.
- April 2024 - 5 billion #USDT.
- March 2024 - 6 billion #USDT.
- February 2024 - 2 billion #USDT.
- January 2024 - 5 billion #USDT.#TetherCEO Paolo Ardoino's comment on “sealing” 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 network swaps"