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Tether Mints 1 Billion USDT on Ethereum Network

The transaction, confirmed by CEO Paolo Ardoino, is authorized for future issuance requests and on-chain swaps.

ETH
USDT

Summary

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Terms & Concepts
  • USDT: A stablecoin pegged to the U.S. dollar, issued by Tether, widely used in cryptocurrency trading.
  • Ethereum network: A decentralized platform that enables smart contracts and decentralized applications (dApps) to be built and run without downtime.