Tether accidentally prints 5 billion USDT

Tether accidentally prints 5 billion USDT

Stablecoin issuer Tether has mistakenly issued approximately 5 billion USDT coins on TRON blockchain. Later, all of the 5 billion mistakenly issued USDT were successfully burned. CTO of Tether and Bitfinex, Paolo Ardoino, said that printing 5 billion USDT was a mistake and that they were intending to mint 50 million as a part of a swap from Omni to Tron Tether.

Simone
Simone
paddy
paddy 6 months

it's almost as if they're printing money with little to no oversight, hmmmmmmm

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