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Tether mints $1B USDT on Christmas

Published date:

February 2, 2026

Tether mints $1B USDT on Christmas

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In the words of Tether CEO Paolo Ardoino, “PSA: 1B USDt inventory replenish on Ethereum Network. Note this is an authorized but not issued transaction...”

Stablecoin issuer Tether minted $1B worth of USDT tokens for inventory replenishment on the Ethereum (ETH) network.

1,000,000,000 #USDT (1,001,100,000 USD) minted at Tether Treasuryhttps://t.co/i3Dqn5tSA6
— Whale Alert (@whale_alert) December 25, 2023

On December 25, blockchain analytics firm Whale Tracker revealed that 1,000,000,000 USDT tokens were generated at Tether Treasury, with Tether paying a gas fee of 0.01 ETH on the transaction.

Soon, Paolo Ardoino, the new CEO of Tether, revealed that the USDT tokens were minted for inventory replenishment, which is a common business practice. Inventory replenishment (or stock replenishment) is a procedure used by firms to avoid running out of stock without stockpiling excess products in advance.

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According to Ardoino, the 1B USDT tokens were “authorized but not issued.” The tokens will be used to maintain liquidity on the Ethereum network and will act as inventory for the next period of chain swaps and issuance requests from clients.

Written by

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

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Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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