authorized but
not
issued
Their billion sits in a wallet. Ours goes out on every swap, to holders, in USDT. That’s the whole ticker.
cut the not. the rest was fine.
- Contract
- 0x2C57...97C3
- Issued to holders
- ···
- Average per holder
- ···
- Wallets earning
- ···
- Market cap
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Origin · 5 August 2019
He named it. We fixed it.
Tether does not call it printing. It has a term for money it has created but will not send you, and the term came straight from the CEO.
Paolo Ardoino
@paoloardoino · CEO, Tether
Tether maintains an inventory on various chains called: authorised but not issued. We do that to fullfil wires without to have constantly to access private keys.
Paolo Ardoino
@paoloardoino · replying to @whale_alert
PSA: 1B USDt inventory replenish on Tron Network. Note this is an authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps.
Word for word, every time a billion appears. Six years of the same sentence.
The money exists. It has a name, a serial, a chain. It just never reaches anyone. So we kept his machine and deleted his one word.
insert: he’s still posting it. word for word.
Issuance
The post he never gets to write.
PSA: fees issued to holders on Stable Network. Note this is an authorized and issued transaction, meaning the amount has already left the contract and is sitting in your wallet. No next period. No requests.
Buys pay 3 percent, sells pay 4, all of it to holders. The arithmetic is on the Mechanism page.
approved. run the plate.