What is going on. So they are just going to print USDT like they do the printed money? How are they going to distributed it? Are they going to collect your crypto for those created money without any effort?
Read: beincrypto DOT com/bitcoin-rallies-as-tether-prints-another-60m-usdt-for-the-second-day-in-a-row/
According to Bitfinex CTO Paolo Ardoino, the fresh USDT is for an ‘inventory replenish.’ It’s currently unclear whether this is a major individual or institution that is requesting more USDT to be issued.