Tether mints $2 billion worth of USDT on Ethereum

Odaily News According to Onchain Lens, Tether minted USDT worth $2 billion on Ethereum and transferred USDT worth $500 million to Binance in the past 30 minutes. Earlier, Tether announced that it would coordinate with multiple exchanges to transfer more than 2 billion USDT from cold wallets to Ethereum, and the total amount of USDT would not change during this process.