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500 Million USDT Were Minted at Tether Treasury on Ethereum Blockchain

Lily Yang

Summary: 500 million USDT (502,000,470 USD) were minted on Ethereum at 8:27 this morning, according to blockchain tracker whale alert. Two hours prior to the performance, Tether has announced that they will be coordinating with a third party to perform two chain swaps for 500M USDT, converting from Tron to ERC20 protocol. Tether noted that the ...

500 million USDT (502,000,470 USD) were minted on Ethereum at 8:27 this morning, according to blockchain tracker whale alert.

Two hours prior to the performance, Tether has announced that they will be coordinating with a third party to perform two chain swaps for 500M USDT, converting from Tron to ERC20 protocol. Tether noted that the total supply will not change during the process.

By Lily Yang

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