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TechFlow news, according to Whale Alert data, Tether minted an additional 2 billion USDT on the Ethereum network five hours ago.
Paolo Ardoino, CEO of Tether, stated that this issuance of 2 billion USDT serves to replenish the Ethereum network's inventory. This is an authorized but previously unissued transaction, meaning the newly minted tokens will be used for upcoming issuance requests and cross-chain exchanges.
According to Whale Alert data, Tether minted 2 billion USDT on the Ethereum network five hours ago. Tether CEO Paolo Ardoino stated that this issuance of 2 billion USDT serves to replenish the Ethereum network's inventory. This was an authorized but previously unissued transaction, meaning the minting will be used to fulfill future issuance requests and cross-chain exchanges.
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