Tether Treasury Mints 1 Billion Authorized but Unissued USDT on Tron

According to blockchain data tracking service Whale Alert, Tether Treasury has minted 1 billion USDT on the Tron blockchain. Tether CEO Paolo Ardoino stated that this addition of 1 billion USDT is a replenishment of inventory on the Tron network and is authorized but not yet issued for trading. This means that the amount will be used for future issuance requests and as inventory for chain exchanges.