Tether mints 1 billion USDT on Tron network, authorized but not issued
TechFlow news, according to Whale Alert monitoring, Tether minted 1 billion USDT on the Tron network at 22:12.
In this regard, 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, which means that this additional issuance will be used for the next issuance request and inventory for cross-chain exchanges.
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
Analysis: Bitcoin's leverage ratio across all platforms drops to its lowest point this year
Lighter TGE Hot Topic: Disagreements Arise Over TGE Timing and Long-term Positioning
Artemis co-founder: Solana will be the most widely used blockchain in 2025