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Wu said that according to Whale Alert monitoring, Tether Treasury has minted 1 billion USDT on Ethereum. Tether CTO Paolo Ardoino said that this is a transaction that has been authorized but not issued on the Ethereum network, which means that this additional issuance will be used for the next issuance request and on-chain interaction.

Wu said that according to Whale Alert monitoring, Tether Treasury has minted 1 billion USDT on Ethereum. Tether CTO Paolo Ardoino said that this is a transaction that has been authorized but not issued on the Ethereum network, which means that this additional issuance will be used for the next issuance request and on-chain interaction.

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