Stablecoin issuer Tether minted $1 billion USDT tokens on the Ethereum blockchain, capitalizing on a market upswing driven by hopes that the US Securities and Exchange Commission (SEC) might approve a spot ETH ETF for trading this week. Whale Alert first reported the minting, which was later confirmed by Tether CEO Paolo Ardoino, who wrote: “PSA: 1B USDt inventory replenish […]
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Tether mints $1 billion USDT on Ethereum amid ETF anticipation