Tether CEO: The 2 billion USDT newly minted on the Ethereum on-chain was a chain swap operation.

On September 5, Tether CEO Paolo Ardoino responded to "Whale Alert tweeted an hour ago that Tether minted 2 billion USDT on the Ethereum chain" stating, "CEX has swapped 2 billion USDT from the Tron chain to 2 billion USDT on the Ethereum chain."

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