Tether has issued an additional 1 billion authorized but not yet issued USDT on the Tron network
According to Whale Alert monitoring, Tether Treasury has newly minted 1 billion USDT on the Tron network. Tether CEO Paolo Ardoino emphasized that this is an authorized but unissued transaction, which means that this increase will be used as inventory for 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
Sui ecosystem DEX Bluefin launches liquidity network BLN and white-label product
Trending news
MoreUS Stocks Movement | Storage Concept Stocks Outperform Against the Trend, SanDisk (SNDK.US) Rises Over 6%
According to data from the Federal Reserve Bank of New York, on the previous trading day (March 6, the day the US non-farm payroll report was released), the Secured Overnight Financing Rate (SOFR) was reported at 3.65%, compared to 3.66% the day before.