Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps


$ 111,163.1
€ 94,783.9
¥ 38,800.0
£ 81,631.5
BTC
2.04 %
$ 2,765.47
€ 2,358.42
¥ 965.44
£ 2,032.49
ETH
5.89 %
$ 326.65
€ 278.53
¥ 114.03
£ 240.20
XMR
3.38 %
$ 90.82
€ 77.42
¥ 31.72
£ 66.77
LTC
3.44 %

The move is Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion.