TechFlow news, according to Whale Alert monitoring data, Tether has minted 1 billion USDT on the Ethereum network.
Tether CEO Paolo Ardoino stated that this issuance of 1 billion USDT is to replenish reserves on the Ethereum network. This is an authorized but previously unissued transaction, meaning the newly minted tokens will serve as inventory for the next issuance requests and cross-chain exchanges.




