Tether issues an additional 1 billion USDT (authorized but not yet issued)

Data monitored by Whale Alert shows that at around 5:35am Beijing time, 1 billion USDT (worth $999,565,000) was minted at Tether Treasury. Tether's CEO Paolo Ardoino stated that this 1 billion USDT was a replenishment of Tron network inventory. This is an authorized but unissued transaction, meaning that the increased supply will be used for the next issuance request and chain exchange inventory.