Today, Tether issued 1 billion USDT on Ethereum at only 46 cents
According to Arkham monitoring, today Tether minted 100 million USDT on Ethereum at a cost of only 46 cents. According to Tether's official data, as of the time of writing, the net circulation of USDT is $118,785,164,536.89. Earlier, it was reported that at 13:50:47 Beijing time today, the Tether Treasury newly minted 100 million USDT on the Ethereum chain. Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain exchange.