Tether issued an additional 1 billion USDT on the Ethereum network (authorized but not yet issued)
On March 8th, according to Whale Alert data, Tether issued an additional 1 billion USDT on the Ethereum network. In response to this, Tether's Chief Technology Officer Paolo Ardoino stated that this issuance of 1 billion USDT is a replenishment of inventory on the Ethereum network. This transaction has been authorized but not yet issued, indicating that this new issuance will be used for future issuance requests and cross-chain exchange inventory.
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