Tether CEO Clarifies $1B USDT Minting on Ethereum
Paolo Ardoino, Tether's CEO, addressed the recent $1 billion USDT minting on Ethereum.
He explained that it's for inventory replenishment, authorized but not yet issued, to meet future issuance requests and chain swaps. This underscores Tether's commitment to liquidity and smooth transactions in the digital asset realm.
