According to Whale Alert monitoring data, Tether has issued 1 billion USDT on the Ethereum network.Paolo Ardoino, CEO of Tether, stated that this issuance of 1 billion USDT is a replenishment of inventory on the Ethereum 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.
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Tether issues 1 billion more USDT on Ethereum
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Cointime May 4th News Express
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