Tether (USDT) produced 100 million new USDTs in the Tron network .
There are now 100 million more than USDT, the world’s third largest cryptocurrency . The market value of USDT, which has recently outstripped XRP, has now risen to $ 9.2 billion.
According to information reported by Whale Alert, Tether officials have produced 100 million new USDTs on the TRON network today . Tether CTO Paolo Ardoino no longer neglected to comment that this was ” an inventory renewal” by commenting on us.
💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 100,000,000 #USDT (99,624,696 USD) minted at Tether Treasury
— Whale Alert (@whale_alert) June 13, 2020
With this move of Tether, the total value of TRON-based USDTs reached up to $ 2.7 billion. For a comparison, we can say that the total value of Ethereum based USDTs is $ 5.7 billion.
— Justin Sun (@justinsuntron) June 13, 2020
Tether’s 100 million new USDTs were not welcomed by the cryptocurrency community. Social media users again looked like Tether to the US Central Bank (Fed).
— JJ (@CryptoCheeKz) June 13, 2020
… And they said that Tether was printing money from the air .
— BTC 10K NEM WAS 1$ SOON 1NEM GIVE 1NEM 1 SYMBOL (@jelin1984) June 13, 2020