Tether adds USD 120 million in USDT (authorized but not issued)

According to Whale Alert data, at 04:39 Beijing time on March 27th, Tether Company newly printed 120 million USDT of banknotes and the transaction hash was: 0x3af9f15289632288c2b92fc4047abbf11d86ac71ec6c5977689aee00a004c8f0. Bitfinex CTO Paolo Ardoino said this is an authorized but unissued transaction, meaning that the amount will be used as inventory for the next issue request.