Tether newly cast 60 million USDT, which is the next additional reserve

According to Whale Alert data, at 23:49 Beijing time on March 5, Tether newly cast 60 million USDTs, valued at about 60.027 million US dollars. Bitfinex Chief Technology Officer Paolo Ardoino replied: "Please note that this is an authorized but unissued transaction (not a real issue), which means that the amount will be used as inventory for the next issue request (ie Reserve). "According to DAppTotal statistics, as of now, Tether's total ERC20 USDT circulation on the Ethereum network has reached 2,978,182,652.