Tether Treasury minted an additional 1 billion USDT on the Ethereum chain this morning.

According to BlockBeats, on November 21, at 4:16 AM Beijing time, Whale Alert monitored that Tether Treasury minted an additional 1 billion $USDT on Ethereum.

Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance requests and on-chain swaps.