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Tether Treasury Makes 1 billion New USDT on Ethereum Network

Whale Alert monitoring data shows that at 20:09:59 Beijing time, Tether Treasury minted 1 billion new USDT. Tether CEO Paolo Ardoino said that this replenishes 1 billion USDT inventory for the Ethereum network, which is an authorized but unissued transaction, which means that the amount will be used as inventory for the next issue request and chain exchange.