Tether mints 1 billion authorized but unissued USDT on the TRON network
PANews reported on April 2 that data monitored by Whale Alert showed that at 22:11:54 Beijing time, Tether Treasury minted an additional 1 billion USDT on the TRON network. Tether CEO Paolo Ardoino said that the 1 billion USDT is a supplement to the Tron network inventory. This is an authorized but unissued transaction, meaning that this additional issuance will be used for inventory in the next issuance request and chain exchange.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The 12 trillion financing market is in crisis! Institutions urge the Federal Reserve to step up rescue efforts
Wall Street financing costs are rising, highlighting signs of liquidity tightening. Although the Federal Reserve will stop quantitative tightening in December, institutions believe this is not enough and are calling on the Fed to resume bond purchases or increase short-term lending to ease the pressure.

Another Trump 2.0 era tragedy! The largest yen long position in nearly 40 years collapses
As the yen exchange rate hits a nine-month low, investors are pulling back from long positions. With a 300 basis point interest rate differential between the US and Japan, carry trades are dominating the market, putting the yen at further risk of depreciation.
Is a "cliff" in Russian oil production coming? IEA warns: US sanctions on Russia may have "far-reaching consequences"!
U.S. sanctions have dealt a heavy blow to Russia’s oil giants, and the IEA says this could have the most profound impact on the global oil market so far. Although Russian oil exports have not yet seen a significant decline, supply chain risks are spreading across borders.
Leading DEXs on Base and OP will merge and expand deployment to Arc and Ethereum
Uniswap's new proposal reduces LP earnings, while Aero integrates LPs into the entire protocol's cash flow.
