According to data monitored by Whale Alert, Tether Treasury minted 1 billion USDT on the Ethereum network at 17:43:59 Beijing time. Tether CEO Paolo Ardoino said that the additional 1 billion USDT was to replenish the Ethereum inventory. This is an authorized but unissued transaction, indicating that this additional issuance will be used for the next issuance request and cross-chain exchange inventory.
