Over the past three days, Tether has issued USDT stablecoins totaling $ 540 million on the Tron and Ethereum blockchains, according to Whale Alert.
According to the analytical service Whale Alert, on July 29, USDT worth $ 300 million was issued on the Tron blockchain. In addition, on July 22 and 23, the service recorded two more operations to issue USDT stablecoins on the Ethereum blockchain. Each of them was the equivalent of $ 120 million. Paolo Ardoino, CTO of Bitfinex, explained on Twitter that these transactions were made to replenish USDT reserves. Such actions are necessary in order to prepare in advance for future investor requests.
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