According to data provided by Whale Alert, the tether of the Stablecoin issuer is It was created 1 billion USDT tokens.
CEO Paolo Ardoino revealed that this is a replenishment of inventory on the Tron network. The aforementioned tokens have been approved in advance, but they are not yet in circulation. Newly created tokens are used to meet future demands.
Tether also conducted billions of dollars of USDT mint on March 19th and March, whale warning data shows.
The market capitalization of major Stablecoin publishers is currently at $144 billion. In December, it surpassed the $140 billion milestone for the first time.
Meanwhile, according to Coingecko, Bitcoin is currently down 1.6% after reaching a low level of $84,788 below the $85,000 level. data.