🔥🔥Odaily Planet Daily broke the news! Conor Grogan, director of Coinbase, revealed in a post on the X platform that on-chain data shows that Alameda has minted an astonishing 39.55 billion USDT, accounting for 47% of the current circulating supply of USDT! 😱😱
📈A previous report by Protoss estimated this number at approximately $36.7 billion, and Conor Grogan updated the figure after adding some new wallets. According to data provided by SBF, the amount of USDT minted by Alameda has exceeded its assets under management at the peak of the cryptocurrency market. 💰💰
🤔 However, obtaining information about redemptions is difficult, in part because Tether appears to coordinate the destruction off-chain. This news undoubtedly brings new insights to the Bitcoin market, let us wait and see the follow-up development! 👀👀
📈A previous report by Protoss estimated this number at approximately $36.7 billion, and Conor Grogan updated the figure after adding some new wallets. According to data provided by SBF, the amount of USDT minted by Alameda has exceeded its assets under management at the peak of the cryptocurrency market. 💰💰
🤔 However, obtaining information about redemptions is difficult, in part because Tether appears to coordinate the destruction off-chain. This news undoubtedly brings new insights to the Bitcoin market, let us wait and see the follow-up development! 👀👀