Tether issues an additional 1 billion USDT on the Ethereum network (authorized but not yet issued)

According to BlockBeats news, on March 3, according to Whale Alert data, Tether issued an additional 1 billion USDT on the Ethereum network. In this regard, Tether CEO Paolo Ardoino said that the 1 billion USDT is a supplement to the Ethereum network inventory. This is an authorized but unissued transaction, which means that this additional issuance will be used for the next issuance request and inventory for cross-chain exchanges.