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Tether Treasury Mints 1 Billion Authorized but Unissued USDT on Tron

Tether Treasury Mints 1 Billion Authorized but Unissued USDT on Tron

2024/02/23 18:12

According to blockchain data tracking service Whale Alert, Tether Treasury has minted 1 billion USDT on the Tron blockchain. Tether CEO Paolo Ardoino stated that this addition of 1 billion USDT is a replenishment of inventory on the Tron network and is authorized but not yet issued for trading. This means that the amount will be used for future issuance requests and as inventory for chain exchanges.

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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.

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