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Tether issues 1 billion USDT on Ethereum (authorized but not yet issued)

On April 5th, according to Whale Alert monitoring, Tether Treasury added 1 billion USDT to Ethereum. Tether CEO Paolo Ardoino stated that this 1 billion USDT is a supplement to Ethereum inventory. This is an authorized but unissued transaction, which means that this increase will be used for the next issuance request and cross-chain exchange inventory.

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