Tether issues an additional 120 million USDT to the Ethereum network (authorized but not issued)

According to Whale Alert data, at 00:55 on April 14th, Beijing time, Tether newly issued 120 million USDT to the Ethereum network, and the transaction hash is: 0x32ff0f6d359fd9b5d5228d6a9796649fcef763f20a7a388ef1b31a92420ffccf. Bitfinex CTO Paolo Ardoino said that please note that this is an authorized but unissued transaction, which means that the amount will be used as inventory for the next issuance request.