According to Arkham's monitoring, today Tether issued 1 billion USDT on Ethereum for only 46 cents. According to official Tether data, as of press time, the net circulation of USDT is $118,785,164,536.89. Previously, at 13:50:47 Beijing time today, Tether Treasury minted 1 billion USDT on the Ethereum chain. Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issue request and on-chain exchange.