🎉Good news! On-chain data shows that Tether Treasury has minted 1 billion USDT on Ethereum. 🎉This is a huge deal, let's take a look at the meaning behind it!
Tether CEO Paolo Ardoino said that these 1 billion USDT are a supplement to Ethereum's inventory. This is an authorized but unissued transaction, which means that these newly added USDT will be used for the next issuance request and cross-chain exchange inventory. 👏
This news undoubtedly has a positive impact on the Bitcoin market. As the industry's leading stablecoin, the additional issuance of USDT will help improve market liquidity and further promote the development of Bitcoin. 🚀
Let us look forward to the future of Bitcoin together! 🎉🎉