Tether minted 1 billion USDT on the Ethereum network early this morning, authorized but not issued
According to the news from Mars Finance, according to the monitoring of WhaleAlert, at around 1:54 am Beijing time today, the Tether Treasury minted 1,000,000,000 USDT on the Ethereum network. Regarding this, Tether's CEO Paolo Ardoino stated that this 1 billion USDT is a supplement to the inventory of the Tron network. This is an authorized but unissued transaction, meaning that this issuance will be used for the next issuance request and cross-chain exchange inventory.