Tether mints 1 billion authorized but unissued USDT on the TRON network

PANews reported on April 16 that data monitored by Whale Alert showed that at 21:11:18 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 not issued transaction, meaning that this additional issuance will be used for inventory in the next issuance request and chain exchange.