Mar 02, 11:33
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Tether Treasury minted back 1B USDT on Ethereum
Related addresses
Total tokens transferred
1B
USDT
Related transactions
Tether Treasury just minted back 1B USDT on Ethereum:
- transaction: 0x32962e897ffcd1ff059193233f3e24809ce2ceee0ecf3b5ea512ab348972cead
- address: 0x5754284f345afc66a98fbb0a0afe71e0f007b949
Notably, on March 1, 2025 (a day ago), Tether allegedly burned a net 1B USDT, including 1B USDT minted on Tron and 2B USDT burned on Ethereum (more details here).
Overall, Tether has minted a net 3B USDT on Ethereum and Tron in 2025. Their total minting in 2024 was 55B USDT, mostly during the rally from late October to mid-December.
Fig 1. Tether's USDT minting against the Bitcoin price since January 1, 2024.
#tether
#mint
#usdt
#back
#price pump
#bitcoin