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TechFlow reported, according to WhaleAlert monitoring, around 13:50 Beijing time today, Tether Treasury minted 1,000,000,000 new USDT tokens on the Tron network.
In response, Tether CEO Paolo Ardoino stated that this issuance of one billion USDT is intended to replenish inventory on the Tron network. This is an authorized but not yet issued transaction, meaning the newly minted tokens will be used for the next issuance requests and cross-chain exchanges.
According to WhaleAlert monitoring, around 13:50 Beijing time today, Tether Treasury minted 1,000,000,000 new USDT tokens on the Tron network. In response, Tether CEO Paolo Ardoino stated that this issuance of one billion USDT serves to replenish Tether's inventory on the Tron network. This is an authorized but not yet issued transaction, meaning the newly minted tokens will be used to fulfill upcoming issuance requests and cross-chain exchanges.
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